GTMA

The “GTMA Economic Impact Report”: $300,000,000 Boost to the GTA Economy

The GTMA was pleased to release the “GTMA Economic Impact Report” at its 13th Annual General Meeting on September 28, 2011. As the main contact for companies wanting to set up subsidiaries for sales and manufacturing in the GTA, the GTMA released a report on its impact to the GTA economy as the lead marketing agency for the region. In its first dozen years, the GTMA attracted 67 new international companies to the region, resulting in a $300 million annual boost to the local economy, $5 million in additional property tax revenues and 3,200 new jobs – so far. With over 14 years dedicated to examining global markets and trends, the GTMA can pinpoint the GTA‘s strengths – as well as the opportunities – that sway an investor’s ultimate decision to invest. The GTMA will continue to position the GTA, Ontario and Canada as innovative and preferred business locations in order to expand its impact. Click here to access the “GTMA Economic Impact Report.”