I would guess that the goods and services that travel on our digital highways outweigh the physical goods in quantity and economic impact. Barrie, we need to start investing in the digital infrastructure. We heard from our Mayor that it’s been hard to keep up with the lousy roads, but the highways that we creative class drive on downtown, are equivalent to dirt roads, including potholes! The digital economy needs addressing if we want to attract and keep the digital entrepreneurs, startups and software developers. We need a Digital Economic Strategy and fast. Check out Olds Alberta, a great progressive community, a fraction of our size investing in Fibre for all!
Help us bring Fibre to our downtown and make it affordable for all!
Rural towns and villages already devastated by the exodus of local manufacturers to lower-wage countries now face further economic marginalization if they don’t build high-speed digital infrastructure. A report last year by the World Bank estimated that every 10-percentage-point increase in the availability of broadband boosted economic growth by 1.2 percentage points in developed countries. Better high-speed access may, in fact, be one of the tools Canada needs to improve its poor record of productivity growth.