Officially announced today was one of the East Bayfront’s worst kept secrets: a campus of George Brown College on the waterfront between Lower Sherbourne and Lower Jarvis Streets, south of Queens Quay East. It was no secret that Waterfront Toronto was wooing an education campus, and the health sciences program seems to be a perfect fit for the desired “creative-class” professionals to create a balance to the 10,000 or so residential units that will be buit in East Bayfront. More interesting are the details: not only will there be classrooms, but a student residence and a recreation centre as well, adding to a diverse mix that will be vital to the area’s success. The province will be kicking in $61.5-million, and the City/TTC will speed up construction of the East Bayfront LRT, which will run down Queens Quay East into the Portlands. The campus is anticipated to open in 2011.
More interesting though were the quotables from Dalton McGuinty, who echoed my thoughts on the so-called souring of Ontario’s economy. From Posted Toronto:
Dalton McGuinty said that at a time of an economic slow down, the George Brown investment builds on the “single greatest strength” in Ontario: a skilled and educated labour force.
“We’ve faced slow downs before and we’re surely face them again,” the premier said at the site of the future campus, which is set to break ground in January.
“While we can’t control the high dollar, the price of oil or the sluggish U.S. economy, we are hardly helpless.”
I stated awhile back that while Ontario’s manufacturing is going down the drain, we have a strength that makes the GGH well positioned for continued growth, and that is our very well educated, creative-class workforce. And say what you may about the growth in the Prairies, but the 21st Century economy - the Creative economy - is, at the moment, more attracted to places like Toronto and Montreal and Vancouver. Although Calgary, and Edmonton in particular, has made great strides in diversifying their economies, the core and current impetus of their growth is still the 20th Century industries of oil and gas. So as much as Harper, the west, and Flaherty want to give Ontario flack these days for becoming “have not”, we actually “have more” of what will propel us in the decades to come, once this transitional phase is over. And investments like the ones made today, will add further depth to our workforce and prepare us for the new knowledge based economy.















