Toronto (January 14, 2018) — Canada is recognized worldwide for its research and technological know-how, but competing on a global stage requires more than game-changing ideas.

Today, Borden Ladner Gervais LLP (BLG) releases its latest thought leadership report Top Innovative Industries Shaping the Canadian Economy. In the report, experts across the firm outline the opportunities and risks Canada faces as it maintains its status as an international leader in innovation.

"Now is a critical time to be asking what industry and government should be doing today to harness the national ambition and potential of innovation for the future," stated John Murphy, CEO and National Managing Partner. Andrew Harrison, Managing Partner at the Toronto office added: "At BLG, we help clients navigate legal and business opportunities in all industries, some of which are shaping the Canadian economy. We are well-positioned to provide a unique perspective, including on the potential threats and opportunities, to organizations that are striving to stay competitive."

Providing insights for legal professionals, business executives, entrepreneurs and government, the report explores eight disruptive industries that have the potential to unlock huge economic value for Canada, specifically: cybersecurity, Internet of Things, smart cities, cryptocurrency and blockchain, autonomous vehicles, fintech, renewable energy and cannabis.

As well as in-depth commentary, the report outlines the components required to make a framework for success:

"Innovation will continue to be a major economic driver in Canada but to realize its full potential we must ensure we continue to fund internationally renowned research; encourage inward investment to capitalize on home-grown technologies; and foster collaboration between legislators and the business and legal community to streamline regulatory processes and accelerate Canadian growth," continued John Murphy.

The report will be released in full in a series of articles, issued weekly until February 4, 2019, as BLG examines the impact of these rapidly developing areas.

BLG helps clients in all sectors and industries identify opportunities and mitigate risks as they chart paths in every area of business, helping drive the Canadian economy and shape a brighter future. To learn more about these innovative industries, visit blg.com/InnovativeIndustries.

About Borden Ladner Gervais LLP

Borden Ladner Gervais LLP (BLG) is a leading, national, full-service Canadian law firm focusing on business law, commercial litigation and arbitration, and intellectual property solutions for our clients. BLG is one of the country’s largest law firms with more than 700 lawyers, intellectual property agents and other professionals in five cities across Canada. We assist clients with their legal needs, from major litigation to financing to trademark and patent registration.

For more information or to arrange an interview, please contact:

Tamara Costa
National Director, Marketing and Communications
Borden Ladner Gervais LLP
TCosta@blg.com
416.350.2642