What Governments Can Do to Help Business

Mar 29, 2012

In the United States there is much hue and cry from political animals complaining that the government is picking cleantech winners, if their preferred business is not the beneficiary of a subsidy.

But in Ontario, a government initiative introduced in November 2010, the Water Opportunities and Water Conservation Act, is striving to create partnerships among government, businesses, universities, and nonprofit organizations to help advance water-related technologies.

Ontario is already one of the top regions globally for producing innovative water technology, said venture capitalist David Henderson, managing director of XPV Capital in Toronto, thanks to the Great Lakes historically attracting water-intensive industries.

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