Bulletin: Increased Digitalization and Automation Needed to Support the Recovery

From Atlantic Provinces Economic Council (APEC) —

“Firms in Atlantic Canada are increasingly looking at digital technologies to improve business processes or in some cases to completely transform their businesses. 

The digital industry is one of the fastest-growing components of Atlantic Canada’s economy. APEC estimated that revenues of Atlantic firms producing digital technology totalled $6.1 billion in 2017.

Canada trails many leading countries in the adoption of new technologies and spending on innovation. Atlantic Canada currently lags Canada in key measures of innovation, including investment in machinery & equipment, research & development and the adoption of emerging technologies.”

Read more in APEC’s full March 2021 bulletin.