Connect Fall 2019 | Page 2

D OW N LOA D AIRLINES GOING GREEN With the feasibility of electric aircraft decades away, com- mercial airlines are rapidly exploring near-future measures to reduce the whopping 2.5% of global CO 2 emissions they are responsible for. A regularly scheduled United Airlines flight from Chicago to Los Angeles demonstrates just how much is already possible. Instead of regular jet fuel, which accounts for roughly 99% of a flight’s carbon footprint, this particular flight uses a biofuel blend capable of cutting fuel emissions by 18%. In a more radical approach, Franco-Dutch airline Air France-KLM is funding the innovation of the Flying-V, a commercial V-shaped aircraft designed to incur 20% fuel reduction, compared to the equally capable Airbus A350. The Flying-V’s efficiency is attributed to the laws of physics; the entire body of the plane acts as a lifting surface, reducing size, weight, drag, and fuel consumption. Internal Career Changes GONE ARE THE DAYS of having a single career path. Changing careers is quite popular among today’s workforce, and research indicates this trend is only going to grow. A career change can be a very tall order. For many, it may require going back to school, taking on debt, or sacrificing a better salary for a more entry-level position. What it may not require, however, is beginning your new career elsewhere. Here’s how: FIND YOUR NEW GROOVE. Take an honest assessment of what you do well and apply your findings to other opportunities where you work. BE AN INSIDER. Make connections now with power players from other departments. When an opportunity to begin your new career opens up, you’ll be in a good position to land it. RELATE THE OLD TO THE NEW. Leverage your experience in your previous career to meet the requirements of your new endeavor. IS THIS CITY THE NEXT BIG INNOVATION HUB? TORONTO’S TECH SECTOR has rapidly become the fastest growing of any city in North America, according to a new report from the Bank of Montreal (BOM) Capital Markets. The technology industry in the Greater Toronto Area (GTA) has grown more than 50% in the past five years and shows no signs of stopping, having already outpaced United States tech capitals San Francisco, Seattle, and Washington, DC, in 2018. GTA’s burgeoning tech sector employs over 240,000 people and will help drive the province’s economy to grow at 2% in 2019. Along with its reputation for culture, education, and diversity—fueled by relatively open Canadian immigration policies—Toronto touts its critical mass of talent for attracting international tech giants such as Google, Apple, and Amazon. And although Toronto missed out on Amazon HQ2, BMO believes Amazon’s consideration helped put the city on the map while preserving the flourishing entrepreneurial spirit of Toronto. 2 SNB.COM // CONNECT INNOVATION FALL 2019 // RANKED ONE OF FORBES' BEST BANKS OF 2019