Southern Ontario’s tech corridor tied with Chicago on Startup Genome’s list of great places to launch a tech business, rising four spots from 18th place last year—which the organization notes is one of the biggest climbs among top performers. Vancouver landed at 29th and Montreal tied with several other cities for 31st. Calgary slotted in a group ranked between 61st and 70th of emerging ecosystems. (The Logic)
Talking point: Toronto-Waterloo scored well in the consultancy’s “funding” category, which measures the availability of early-stage investment, but relatively weakly for access to globally leading companies and “knowledge,” which uses life-sciences patents as a proxy for innovation through research. Startup Genome founder JF Gauthier, an ex-Montrealer, wrote in the report that the COVID-19 pandemic has accelerated digitalization and spread entrepreneurs far outside Silicon Valley.