Mar 28: The Brookings Institution has issued a new report entitled, The Vital Connection: Reclaiming Great Lakes Economic Leadership in the Bi-National U.S.-Canadian Region.
The report recommends the following: establishing a bi-national innovation fund that targets investment and research in next-generation energy technologies, the science of the Great Lakes, and areas such as advanced manufacturing and medical health; enhancing and marketing the "Freshwater Coast" with a deeper investment in Great Lakes restoration and the establishment of a new Great Lakes Coastal Development Authority; improving the movement of goods along the U.S.-Canada border; creating a common market in the Great Lakes region for human capital and commerce; and setting and meeting renewable energy standards and carbon-reduction goals.
According to the report, "The bi-national Great Lakes region can continue to model what economic regions will look like in the global economy -- and also how they can thrive. To realize this vision will require leadership and purposeful actions that acknowledge the unique opportunities provided by the Great Lakes economy. Only the U.S. president and Congress, along with the Canadian prime minister and Parliament, can promote understanding of the economic opportunities to be realized. Working together, and working with federal leadership, the opportunity is real for the Great Lakes region to forge a new economic leadership position, and serve anew as a model for world economic and social innovation."
Access the complete 28-page report (click here). Access a presentation to Canadian officials (click here). Access the Brookings the Great Lakes Economic Initiative website (click here).
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