Finance & Policy NA

CTA predicts that smart cities spending will reach $34.35 billion by 2020

Significant investment from the CTA (Consumer Technology Association) and financial company Deloitte - has helped highlight the opportunities presented by the emerging sector in smart cities technology and solutions at this year’s CES 2018. The Consumer Technology Association has estimated that spending in the smart city sector will reach $34.35 billion by 2020.

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Canadian government launches $50m ‘Smart City Challenge’

The Canadian government has once again reiterated its commitment to the smart city movement by officially launching a new $50m 'Smart City Challenge'. The innovative project has been specifically designed to encourage communities nationwide in the country to leverage new technology.

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Construction of new $900m ‘smart community’ underway in Canada

The development of a new 'smart community' in Canada labelled one of the most ambitious projects ever undertaken in the country is underway. REZ Real Estate officially confirmed that the construction of District Union, a project worth $900m has begun and signaling the emergence of a 'new smart, organic community' in the home of the Maple Leaf.

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