With predictions for cannabis demand in Canada reaching $22.6 billion a year, the Canadian economy can expect a huge boost from its legalization.
Impacting the labour market, post-secondary education and tax revenue, cannabis legalization is set to have far-reaching effects on the Canadian economy.
Continuous advancements in technology have allowed for exponential growth in virtual and augmented reality. Showing up in many industries — no longer just in gaming! — it’s clear that this technology is gaining a foothold in our everyday lives. And with its growing popularity, virtual and augmented reality are proving to be an exciting area for job growth.
Virtual reality (VR) and augmented reality (AR) are related but very different concepts. While VR is used to block out the physical world and replace it with a “virtual” sphere, AR overlays visuals on the user’s actual view of the physical world by adding computer graphics to the user’s device.
With the International Data Corporation forecasting global spending on VR and AR technology to grow from $5.2 billion this year to more than $210 billion CAD annually by the end of the decade, it’s clear that VR and AR are here to stay.[i] Here are just some of the ways that this technology is touching our lives.