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Nortel's Demise Adds to Worries That Canada Lags in High Tech.

Authors :
Drovak, Phred
Dummett, Ben
Source :
Wall Street Journal - Eastern Edition. 9/21/2009, Vol. 254 Issue 69, pB5. 0p. 1 Color Photograph.
Publication Year :
2009

Abstract

The article reports on the concerns on the slowdown of Canada in the field of high-technology following the approval of courts and the government on the shutdown of Nortel Networks Corp. in September 2009. The sale of Nortel Networks to Avaya Inc. has been approved by Canadian and U.S. courts. Marc Garneau, science and technology policy expert of Liberal Party, attributes such problem to the dependence of country's wealth on natural resources and manufacturing. The lack of expenditures on the areas of technology and innovation in the country is noted.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
69
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
44491797