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A sea of opportunity
Ocean Networks Canada (ONC) is a world-class institution that is helping to build an ocean technology cluster in British Columbia. An initiative of the University of Victoria, ONC manages VENUS and NEPTUNE Canada, two separate underwater networks off the West Coast that record and broadcast data and images from the sea floor in real time via the Internet. The high-tech networks offer researchers unprecedented access to information about the Pacific Ocean.
Fuelled by leading-edge technology, the ocean cluster that has formed around ONC includes home grown companies with expertise in everything from shipping and ship-building to oceanography and submarine engineering. To date, ONC has generated $110 million worth of work for companies such as OceanWorks International (Burnaby), ASL (Sidney), Rockland Scientific (Victoria) and the Canadian Scientific Submersible Facility (Saanich).
A study conducted in late 2011 by the Vancouver Board of Trade estimated that the ocean cluster is responsible for generating $5.76 billion in provincial Gross Domestic Product (GDP), $4.2 billion in wages, salaries and benefits, and more than 80,000 person-years of full-time employment.