Tuesday, January 13, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > Opinion > Tech and beyond in Toronto

Tech and beyond in Toronto

in Opinion
- Tech and beyond in Toronto
Share on LinkedinShare on WhatsApp

Tech is not a panacea for society’s problems, but it’s far easier to get ahead in a changing world by cultivating an experimental mindset. 

Twitter is testing new functions regionally with a view to employing user behavior to inform bigger product decisions–as is Instagram and many other tech giants. An experimental mindset is distinct from the infamous “move fast and break things” ethos. It shouldn’t feel like a burden on society or create adversarial relationships and ugly headlines. Most importantly, it should always be evidence-driven with society’s interests at heart.

Toronto is that kind of city, and it shows.

This summer, the city partnered with MaRS Discovery District, George Brown College, Fitzrovia Real Estate, and an innovative startup called ReMAP to create a new urban manufacturing space and incubator for entrepreneurs as part of a residential development. It’s a fascinating test case for a city with plenty of start-ups and not enough housing.

It also followed on the heels of the permanent implementation of the King Street transit pilot, which New York is now attempting to copy.

Wait – what does a transit pilot have to do with digital technology? On the surface, not much. The transit pilot restricted car traffic on a busy downtown corridor to prioritize the movement of streetcars, which have been plying Toronto’s streets since the 1860s. It’s a great example of what can come from an experimental mindset gone right.

While politicians and transit agencies at multiple levels of government locked horns over region-wide solutions and billion-dollar transit expansions, the King Street pilot was a simple, $1.5-million beta test in the better use of existing transit infrastructure. The city could try it with no commitment and abandon it if it failed.

With this experiment, ridership grew 12% in one year, travel times dropped, and streetcar reliability shot up. After 17 months of study, council voted overwhelmingly to keep it in place.

When restaurant owners expressed fear that the reduced car traffic could hurt their businesses, the city partnered with Ritual on a two-week pilot within the pilot–a promotion that used The Star app to bring new customers to restaurants in the King Street corridor. It was inexpensive and easy to implement, and the city jumped on it. Decisions and approvals that would have normally taken weeks or months were fast-tracked in hours or days.

It was a relatively small amount of money for the city to spend–$164,000–so the risks were limited. But the project boosted spending in the pilot area by $426,000, just on the Ritual platform alone. More importantly, it immediately started returning actionable data for the city to evaluate. This was the experimental mindset in action: small investments to understand the outcome rather than upfront spending on a predetermined outcome.

Another area that is currently a hotbed for regulatory experimentation is e-scooters. While people love them, cities like San Francisco, Austin and Paris have been plagued with the littering of app-based dockless e-scooters with minimal infrastructure like parking and storage to support them. Cities like Chicago, Portland, and Calgary have been more judiciously planning the rollout and anticipating fixes.

Technology has a positive role to play in solving some of our challenges, and there is a way to constructively work with civic leaders when we adopt an experimental mindset. We live in a world where Silicon Valley’s brand has been damaged because its ethos and the arrogance of some companies came into conflict with the interests of its citizens: it turns out that moving fast and breaking things can actually break things.

Tech will not be a panacea to all of society’s issues but it’s far easier to get ahead in a changing world by cultivating an experimental mindset and working with people who are looking for solutions. Any city that wants to have this kind of meaningful conversation will inevitably find willing partners among all kinds of innovators–in tech and beyond.

Tags: CEOCEO North AmericaCEO Northamtechtech and beyondTech and beyond in TorontoTechnologyTwitter

Related Posts

Data-First Leadership in the Age of AI
Opinion

Data-First Leadership in the Age of AI

Pew: Americans Now Working from Home by Choice
Opinion

The Benefits of Remote Work for Employers: Why Working from Home Is Good Business

US adds 336,000 jobs in September
Opinion

How to shine in your next job interview

Why Business Rivals Join Forces
Opinion

Why Business Rivals Join Forces

Leading amid geopolitical upheaval: Five imperatives for today’s CEOs
Opinion

Leading amid geopolitical upheaval: Five imperatives for today’s CEOs

How to create and use a performance improvement plan
Opinion

How to create and use a performance improvement plan

The New Delta One Lounge at LAX Has 10,000 Square Feet of High-End Amenities
Opinion

The explorer’s guide to entrepreneurship

Fed governor Lisa Cook states that the President has no ‘authority’ to dismiss her
Opinion

Moving From Cuts to Caution: Fed Enters 2026 in Wait-and-See Mode

2024 looks better for small business acquisitions
Opinion

The Most Powerful AI Partnership? The CEO And CTO

What Makes U.S. Multinationals Shift Costs Back Home to Save on Taxes
Opinion

10 trends shaping global asset management in 2026

No Result
View All Result

Recent Posts

  • Data-First Leadership in the Age of AI
  • Wegmans is scanning your face at some stores. It’s not the only company
  • Meta names Dina Powell McCormick as President and Vice Chairman
  • Big Bank stocks slide as Trump calls for credit card rate cap
  • Federal Reserve Chair Jerome Powell under criminal investigation

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.