The Information Revolution: What Impact Could It Have on Regional Development in Canada

Abstract

Data innovations are changing the structure of the worldwide economy, the structure of our businesses, and the structure of our work power. For territorial investigators, present and future, the key inquiry is whether financial action in Canada's retrogressive districts will have the option to stay up with these changes. The coming of data innovation speaks to the absolute most progressive monetary advancement of the twentieth century. Data innovation will confront an irreversible decrease in monetary movement to a degree that will genuinely annihilate a considerable amount of political and social establishments. The term 'information revolution' is used to describe the rapid transformations that are taking place in all economic and social activities as a result of the deployment of information technologies. The article provides a general view of the link between information technology, employment, and regional development. EDP’s and other community and business leaders have to focus their efforts on creating user-friendly technological innovations which can integrate seamlessly into their present infrastructure while maintaining data integrity. The article reveals that revolutionary government policy, human resource development, and telematics networks are the three key ingredients required by local Canadian economies to compete with the emerging Information technology and innovation boom.