Trade is strategically significant to our economy. Businesses that sell internally are 30% more productive and 25% more innovative. More exporting means more jobs: every $100 million in new export activity creates 1,000 jobs at home.
In an uncertain world, where many countries are closing their doors in a wave of protectionism, Canada is set to gain from foreign investment and trade. We need to do more to increase and diversify business’ trading activity.
Latest Notable Projects & Initiatives
- Defying Gravity: Building a Scaleup Ecosystem – Commissioned by World Trade Centre Toronto, this report finds that despite there being a healthy ecosystem of incubators and accelerators focused on startups in the region’s booming tech sector, there is limited support and resources available for all companies, tech and traditional, that are in the scaleup phase of their evolution.
- Toronto as a Global City: Scorecard on Prosperity – The Board’s 2015 Scorecard on Prosperity identified the Toronto region’s enormous economic potential for growth at home and abroad markets and focused on our region’s digital infrastructure and its importance to facilitating trade.
- Export Strategy Report – This is the GTA’S first regional export strategy. The GTA is home to the second largest number of competitive industry clusters in North America and has all of the enabling infrastructure in place including ports, rail and international airport assets necessary to succeed in exporting. In addition, the report also describes the Board’s new contribution to the region’s export support system, TAP GTA (Trade Accelerator Program).
- Toward a Toronto Region Economic Strategy – The Board’s regional economic strategy examines where Toronto excels, faces challenges, and provides opportunities for consideration for the region to become a more economically productive, livable and prosperous.
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