Sheldon Levy, Deputy Minister Ministry of Training, Colleges and Universities Polytechnics Canada Conference – May 12, 2016

Industry Context

2

Environmental Scan

3

Defining period for the Canadian economy • The world is entering the 4th industrial revolution • Canada needs stronger growth to: • maintain our standard of living • meet future public service delivery costs • keep taxes comparatively low

• The Canadian economy is rapidly transitioning to a knowledge economy • We’re approaching an inflection point – what’s needed to sustain growth?

4

The key question for institutions

“If the fourth industrial revolution will be the next generation for industry, what does the next generation of post-secondary education look like?” - Dr. David Ross, President, SAIT

5

Canada’s challenge

• The global race for capital, customers and talent is accelerating. • Canada has all the ingredients to succeed. • But, we must sharpen our competitive edge, which includes: • improving how we develop our young people; • making better use of our highly-skilled workforce; • capitalizing on (and embracing) advances in technology; and • investing strategically in areas of excellence.

6

Collaborative Effort Needed

To compete in the 21st century knowledge economy, Canada must take targeted and realistic steps towards a system in which key partners – post-secondary institutions, industry and governments – are efficiently and effectively connected. We must and can do better…

7

Business/higher education coordination and collaboration in Canada must be improved

8

Ministry Context

9

10

confidential draft

Disruptance

Movies

*Created by Jaigris Hodson, PhD Candidate

Electronics/Shopping

14

5/17/2016

Our Model

Sue Herbert’s Report Selected Issues:

More experiential learning is a good thing. Students want their education to lead to jobs.

Undergraduate education is too often 3rd priority behind research and graduate education. The need for outcome measures as opposed to input. The need for better trusted data.

Canadian Students Prefer “Hands On” Learning

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Our Model

IF WE WANT TO VALUE EXPERIENTIAL LEARNING WE NEED TO CHANGE THE WAY WE FUND!

$600K/YEAR FUNDING

Experiential Learning from $0 to a small fraction

Demographics

24

Projected Demographic Growth MoF Population 18-24 Projection Growth by 2026

130

Growth by 2041 +23%

(Index, 2014 = 100)

18-24 Pop Projection

125 120 115

+9%

110 105

+1%

100

-5%

-7%

95 90

-15%

85 80

GTA 25

Non-GTA

Grand Total

confidential draft 26

Be the best at something that matters.

ZONE EXPERIENCE Supporting our youth as they create the future

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confidential draft

The DMZ • Opened:

April 2010

Ranked the #1 University Incubator in North America and # 3 in the world.

• Today:

•

for entrepreneurs

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Special to Financial Post | February 27, 2014 6:35 PM ET

Canadian universities launch startup incubator with Bombay Stock Exchange

The Right Honourable David Johnston, Governor General of Canada, and Mrs. Sharon Johnston officially open BIL-Ryerson DMZ India by breaking a coconut, typically done in the country before starting a new undertaking. This first Canadian-led incubator in India is a joint venture between the Bombay Stock Exchange Institute Ltd., Ryerson University, Ryerson Futures Inc. and Simon Fraser University.

His Excellency the Right Honourable David Johnston, Governor General of Canada, officially opened the first Canadian-led accelerator in India Friday, a joint venture between the Bombay Stock Exchange Institute Ltd., Ryerson University, Ryerson Futures Inc. and Simon Fraser University. BIL-Ryerson DMZ India, located at the Bombay Stock Exchange Institute in Mumbai, will help entrepreneurs fast-track their startups and connect with mentors, customers and investors. “The very first Ryerson international fellowships for brilliant young entrepreneurs were announced here in India in 2011,” said Sheldon Levy, president of Ryerson University. “We are honoured to welcome the Governor General of Canada to the BIL-Ryerson DMZ India, and proud to grow our partnership with India and our colleagues from Simon Fraser University in the service of the global economy.” BIL-Ryerson DMZ India is modeled on the Digital Media Zone at Ryerson University, which has already incubated and accelerated 126 startups and fostered nearly 1,000 jobs in less than four years.

LESSONS LEARNED

Change must be supported from the top

Remove Approval Layers

Remove the rule book of “cannots.” Replace with a “can-do” attitude.

Don’t wait for the perfect time. Just do it.

Support a culture of smart risk taking.

The Global Innovation Summit Silicon Valley – February 15 – 21, 2014

Values of Innovation

Values of Production

1.

Openness

1. Excellence

2.

Diversity

2. Loyalty

3.

Serendipity

3. Dependability

4.

Fairness

4. Success

5.

Experimentation

5. Quality

6.

Play

6. Precision

7.

Giving

7. Reciprocity

Living in the Rainforest

Living on the Farm

| U n iv ers 3ities 8 a s C ity Bu ild ers , P res en ta tio n to T h e P o w er o f C : C olla b ora tion , S u p er C o n feren ce 2 0 1 1

Our job is to figure out what they’re going to want before they do. People don’t know what they want until you show it to them.