Actually, Scarlett Heights wasn't rebranded/reborn as a "Entrepreneurial Academy" until 1998/9--in large part because the previous SHCI wilted away thanks to declining enrolment and an iffy rep thanks to alumni such as, uh, you know who.
And ironically or not, it was all fueled by the the Harris-era ethos of cutbacks, cutbacks, cutbacks--with Doug Sr. as the local MPP, to boot. (Though Doug Sr. probably would have welcomed the change on the grounds that it'd generate serious nose-to-the-grindstone businessmen like Doug Jr. rather than useless-puke drunken benchwarmers like Rob. Think of it as the right-of-centre answer to Royal York Collegiate being reborn as Etobicoke School of the Arts.)