Why B.C.’s Okanagan is Canada’s hottest tech startup region
There’s a palpable energy intensifying in the business sector of British Columbia’s Okanagan region — a product of many ingredients, but most notably technology. The area’s tech sector enjoys an annual growth rate of 15 percent, which contributes to a $1.3-billion industry. That’s enough to establish the Okanagan as the fastest-growing tech region in Canada.
150 years later, innovation continues to drive Canada’s growth
In 1922, John William Billes and Alfred Jackson Billes combined their $1,800 in savings to found the Hamilton Tire & Garage Ltd. – which became national retailing giant Canadian Tire. Ted Rogers grew a single FM radio station into a Canadian communications empire. And engineering students Mike Lazaridis and Douglas Fregin founded Research in Motion in 1984 before growing it into a wireless technology pioneer. Canada has a rich history of risk-takers who started small businesses that grew into national icons.