Ontario's funding cuts to tech could hit women and young people hardest, some warn - 2019-05-10

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F182.png Ontario's funding cuts to tech could hit women and young people hardest, some warn May 10, 2019, CBC News

Ontario may be the winner when it comes to Canada's single biggest job increase since the mid-1970s, but a funding cutback to its innovation companies could mean jobs once designated for the province will be forced to move elsewhere.

Several tech companies say the province is tightening up the purse strings when it comes to how much it gives to startup companies and that the move will have a trickle-down effect on jobs.

"A lot of provincial funding has stipulations that you are creating jobs in Ontario," said Ann Poochareon, CEO of Little Robot Friends, one of the companies that's learned it will no longer be receiving funding through the Ontario Centres of Excellence program.

Wikipedia cite:
{{cite news | title = Ontario's funding cuts to tech could hit women and young people hardest, some warn | url = https://www.cbc.ca/news/canada/toronto/ontario-job-numbers-tech-innovation-cuts-1.5131975 | work = CBC News | date = May 10, 2019 | accessdate = May 12, 2019 }}