Need A Source? - Ontario budget 2013: digital economy driving creation of companies, jobs and wealth

TORONTO, May 2, 2013 /CNW/ - Later today Ontario Finance Minister Charles Sousa will announce details of the Wynne government's first provincial budget, and residents of Ontario will learn how the province plans to encourage economic growth. Of key importance will be measures taken to support Ontario's digital economy, and the commercialization of digital media defined as information and communications technology (ICT) and mobile innovations. According to data from the Canadian Digital Media Network, the digital economy creates high-paying jobs that would help Ontario reduce its stubbornly high unemployment rate.

Dr. Kevin Tuer, Managing Director of the Canadian Digital Media Network, is available to comment on why the digital economy must play a central role in rehabilitating Ontario's sluggish economy, and how we can reach the CDMN's moonshot goal - that anyone can do anything online in Canada by 2017. Specifically Dr. Tuer can provide insight on how the budget addresses supporting key performance indicators to stoke digital economic growth:

  • Access to capital: How financial capital and investment in technology spur business growth.
  • Access to talent: The digital skills Canadians need to meet the rapidly evolving needs of Canadian businesses.
  • Connectivity: Why basic connectivity for all citizens plays such a vital role, regardless of financial status or geographic location.
  • Content: Ensuring Canadian content is accessible in the mobile age, realizing commercialization opportunities created through content development and management.
  • Productivity: Productivity improvements through the adoption of digital media technologies and the infrastructure to deliver digital media can mean the difference between profitability and stunted business growth.

CDMN's moonshot goal is a central theme to its annual CDMN Canada 3.0 conference being held on May 14 and 15, 2013 at the Metro Toronto Convention Centre.

About the Canadian Digital Media Network
The Canadian Digital Media Network (CDMN), a federal Centre of Excellence in Commercialization and Research (CECR), is dedicated to establishing Canada as a world leader in digital media (ICT + mobile) by creating and enabling connections and collaboration between entrepreneurs, companies, research institutes, government and intermediary organizations across the country.  CDMN helps bring more digital media solutions to market to create more companies, jobs and wealth in Canada.

Together, the Network provides access to the knowledge, connections, services and support that digital media companies need to successfully innovate and market themselves at home and abroad. Major initiatives include an exclusive online national collaboration platform; an online Research Portal that provides one-stop access to important information about key digital media issues; the CDMN Soft-Landing Program to drive Canadian success globally; National Tour events enable companies to go global; and CDMN Canada 3.0, Canada's only national digital media conference focused on the commercialization of innovation. Learn more at or follow @CDMN on Twitter, join the Canadian Digital Media Network Group on LinkedIn, and like the Canadian Digital Media Network Page on Facebook.

SOURCE: The Canadian Digital Media Network

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To arrange an interview please contact:
Kieran Lawler
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