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The City was central to all this, a globally unique cluster of expertise and capital.
According to the mayor's office, London's tech sector has become the biggest cluster of expertise in Europe over the last three years.
In his opening remarks, Mr Philip Jennings, noted Canada's foundational strength in vaccines R&D conveying that "the federal government supports the growth of the Canadian vaccines cluster of expertise and the adjuvant sub-sector through continued investment and policy development".
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Clusters of expertise exist in the states of Tamil Nadu and more recently Gujarat, where most car investments now tend to go, thanks to welcoming local officials.
He explained why northern cities would perform better if they were more united: because investors want access to a "deep pool of human capital", and firms do best where there are "clusters of expertise".
Even more partnerships are likely to be generated in the future as federal and provincial governments realize the economic benefits of such clusters of expertise and begin to play an active role in attracting new industries with tax incentives, funding, and strategic development.
Existing clusters of expertise in Boston, Dallas, Los Angeles, and New York, among other cities, can be encouraged to expand.
Today, the company's global work force is organized in clusters of business expertise and connected by high-speed communications links.
A recent report from Future Cities Catapult reveals a thriving, world-leading cluster of city-making expertise estimated to be worth £16bn and employing hundreds of thousands of professionals.
These so-called innovation clusters provide a nexus of expertise that differs in each geographic location.
Many of today's industries – tech startups, for example – don't need physical assets of this kind, but they do benefit from what economists call agglomeration effects: being in a cluster of similar firms, so expertise can be shared, and a local ecosystem of suppliers and customers can develop.
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