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As an electrical engineer in the vancouver area this article rung true to me. It is too bad Canada's hi tech industry died with nortel, RIM, corel. Bombardier's
by slashdot2008 6y ago
As an electrical engineer in the vancouver area this article rung true to me. It is too bad Canada's hi tech industry died with nortel, RIM, corel. Bombardier's aerospace division is the latest casualty. I didn't realize the cancellation of the avro arrow was the beginning of the end for tech in Canada. What do we do other than resources and real estate?
- slashdot2008 6y agoanswering my own question: the 100 largest companies in canada [0], banking, insurance, oil and gas, and the telecommunications provider oligopoly fill out the top 13 and then we get the odd retail, railroad, auto parts, mining player in the mix. 0: https://en.wikipedia.org/wiki/List_of_largest_companies_in_Canada https://en.wikipedia.org/wiki/List_of_largest_companies_in_C...
- vinger 6y agoThose companies are usually listed on the nasdaq like shopify. The whole hardware hi tech industry has moved to China. The Avro wasn't going to change this. It is not like building planes is a great business either currently.
- osigurdson 6y agoShopify is larger than Royal Bank by market cap. Kudos to them.
- goatinaboat 6y agoI didn't realize the cancellation of the avro arrow was the beginning of the end See also the cancellations of TSR2 and Black Arrow. https://en.wikipedia.org/wiki/Black_Arrow#Cancellation https://en.wikipedia.org/wiki/Black_Arrow#Cancellation “Prior to the cancellation of Black Arrow, NASA had offered to launch British payloads for free; however, this offer was withdrawn following the decision to cancel Black Arrow”