What follows as a list of key issues that are changing the course of technology, business and the Canadian economy. Use these as a filter of a lens through which you view your own assumptions, skills, goals and knowledge.
Sustainability & Climate Change: Sustainable practices, renewable energy, eco-friendly products, waste management, and carbon footprint reduction.
One way to start is looking at a business you’re familiar with and finding ways to integrate these ideas into it.
Health and Wellness: Growing health consciousness.
Businesses in areas like organic food, fitness technology, mental health services, personalized medicine, and wellness tourism are thriving.
Technology Advancements: Artificial intelligence, Internet of Things (IoT), blockchain, and automation.
Create a business that leverage these technologies to enhance productivity, efficiency, and customer experience.
Urbanization and Smart Cities: Increased challenges with population growth in concentrated urban areas.
Solutions for efficient transportation, smart infrastructure, sustainable urban planning, and digital connectivity will be well-positioned in this mega-trend.
Demographic Shifts: Aging populations, urbanization, and migration.
Elderly care services, healthcare technologies, cultural integration solutions, and customized products for diverse populations are some examples.
Digital Transformation: The digital revolution continues to reshape industries, disrupting traditional business models.
Build companies that help with digital transformation, e-commerce, cloud computing, cybersecurity, and data analytics.
Changing Workforce Dynamics: The nature of work is evolving, with a rise in remote work, freelancing & the gig economy.
Opportunity: Businesses that cater to the needs of this changing workforce i.e. co-working spaces, virtual collaboration tools & flexible employment solutions..
Economic Fluctuations: Variations in the economy can create challenges and opportunities.
Consider businesses that are resilient to economic downturns, such as essential services, or that can capitalize on economic growth, such as luxury goods.