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November 14, 2017
Mayor Tory to lead business mission to New York City
  
Mayor John Tory will lead a business mission to New York City this week focusing on technology and innovation.

The two-day mission, which begins today, will include a visit to Sidewalk Labs, a subsidiary of Alphabet Inc. Waterfront Toronto announced last month that Sidewalk Labs won the bid to be the innovation and funding partner for the Quayside district.

The Mayor will participate in a roundtable at the Grand Central Tech (GCT) innovation hub with the MaRS Discovery District (MaRS) to promote the strategic eastern alliance between New York and Toronto’s tech markets. MaRS@GCT was launched this month to support Canadian technology ventures looking to expand their reach into the United States.

Mayor Tory will also co-host an evening Tech in Toronto reception with a group of Toronto technology founders to promote the size and growth of the Toronto technology ecosystem.

"I'm proud that Toronto is emerging as the global centre for urban innovation and technology," said Mayor Tory. "I am dedicated to promoting our rapidly growing technology companies and building key alliances with companies in other strong cities like New York."

Tomorrow, the Mayor will take part in the Toronto Global launch in New York along with the Mayors of Brampton and Mississauga, and the Regional Chairs of Durham and York. The event will introduce Toronto Global to New York-based businesses and encourage these companies to expand into the Toronto Region.

"The Toronto Region has diverse opportunities and vibrant partnerships in New York City, which is a main gateway to the larger U.S. market," said Mayor Tory. "This business mission will help tell the story of what’s happening in the Greater Toronto Area and bring even more opportunities and investment to our region."

Toronto Global was launched in February to promote the Toronto Region and attract foreign direct investment. Toronto Global is funded by the provincial and federal governments, the Cities of Toronto, Mississauga and Brampton, and the Regional Municipalities of York, Halton and Durham.

The delegation will also include representatives from Economic Development and Culture, the Consulate General of Canada in New York and the Ontario International-New York Trade & Investment Office, along with the President and CEO of the Toronto Region Board of Trade and the Toronto Financial Services Alliance.

Toronto is Canada's largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. It is a global centre for business, finance, arts and culture and is consistently ranked one of the world's most livable cities. In 2017, Toronto is honouring Canada's 150th birthday with "TO Canada with Love," a year-long program of celebrations, commemorations and exhibitions. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can visit http://www.toronto.ca, call 311, 24 hours a day, 7 days a week, or follow us on Twitter at http://www.twitter.com/TorontoComms and on Instagram at http://www.instagram.com/cityofto.

Media Contact
Shane Gerard
Strategic Communications
416-397-5711
Shane.Gerard@toronto.ca

Keerthana Kamalavasan
Office of the Mayor
647-998-2615
Keerthana.Kamalavasan@toronto.ca

Julia Sakas
Toronto Global
647-729-0735
JSakas@torontoglobal.ca

 

 

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