University Waterloo: Founded by inventor and University of Waterloo grad Ibraheem Khan, Smarter Alloys has just announced it will begin building prototypes of devices that use its revolutionary metal memory technology for everything from orthodontics to automobiles and aerospace, according to CBC. Rosemary Barton: How a recession would shake up the election campaign Canada economy: Five reasons not to panic Economy shrank by 0.2% in May, boosting recession fears "Humans are probably the most important," says Khan, running through a list of reasons for basing his new manufacturing facility in the Waterloo area. When the latest growth figures come out Tuesday morning, the answer would be clear. Smarter Alloys wants access to the region high-tech talent pool. But the unique details behind Khan business decision demonstrate that some of the standard arguments for what leads to businesses success do not always match the reality. And the money the company is spending is boosting Canada GDP. Behind the statistics Khan startup is part of the reality behind tomorrow statistics.
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