Toronto, ON-December 2, 2020- The Consider Canada City Alliance (CCCA) applauds the Government of Canada for its continued attention to the COVID-19 pandemic and beyond. The Fall Economic Statement (FES) in particular shows encouraging support for:
The CCCA collectively promotes Canada’s incredible value proposition directly to global investors. It champions Canada’s rich economy, ease of doing business, diverse sectors such as agriculture, energy, ICT, AI, financial services, life sciences and talented people who are driving innovation and maintaining connections with the world.
“We continue to advocate for policies that make us globally competitive and help us fully leverage opportunities,” says Malcolm Bruce, Chair of the Consider Canada City Alliance and CEO of Edmonton Global. “Coming out of COVID-19, maintaining a spirt of openness is going to be critical. We need to do it in practice too by investing in our airports, ports, and supply chains that help us get people and products to market.”
As the chief advocate for Canadian municipal economic development issues, the CCCA will continue to urge the government for more financial and administrative support as Canada’s cities face a road to recovery-a road that sees local regional expertise of our members as a cornerstone to that effort.
“The government has signaled via the creation of a seventh RDA, the importance regional economic development will play in a post-pandemic economy,” says Niloo Boroun, Executive Director of the CCCA. “We look forward to working alongside officials to identify new avenues of sustainable operational funding for our members as they continue to contribute to the growth and recovery of the Canadian economy. We remain encouraged by the tone set in the FES and look forward to a continued and fruitful dialogue with the Federal Government as Canada’s cities continue the critical role of welcoming direct investment and job creation.”
About the Consider Canada City Alliance
The twelve members of Consider Canada City Alliance (CCCA) include the city regions of Halifax, Quebec City, Montreal, Ottawa, Toronto, Waterloo, London, Hamilton, Winnipeg, Calgary, Edmonton and Vancouver. The economic zones of the members of the CCCA represent 58.3% of Canada’s population, produce 59% of Canada’s GDP and accounted for 70% of Canada’s GDP growth in 2019. As a united front, the Consider Canada City Alliance helps international companies determine the best strategies for business expansion and continually works to improve Canada’s ability to attract new investment and trade opportunities. In 2019 alone, CCCA members closed 341 investment projects which created 23,000 jobs with an investment value of $4.9B.