Pandemic recovery planning highlights need for international investment into Canada
Toronto, ON-September 22, 2021-The Consider Canada City Alliance (CCCA) has concluded its annual Fall meeting and formally resolved its commitment to working with the Federal and Provincial governments on economic recovery-particularly in the area of Foreign Direct Investment (FDI). Amongst the priorities identified by the CCCA are first and foremost a stronger commitment from the Federal Government in funding the continued operations of CCCA members, ensuring that immigration is a key tool in their investment attraction efforts and greater supports for attracting global talent to Canada.
“If we are to emerge stronger from this pandemic, our members must be provided the funding and administrative tools required to support the policies and goals of the Federal Government,” said newly elected CCCA Board Chair Dayna Spiring. “It is now not a question of if the CCCA becomes a strong partner in Canadian FDI activities, but rather how we can best be supported as we continue to play a leading role. We look forward to continuing to work with our Federal partners on these opportunities.”
During the Fall meeting, the CCCA had extensive meetings with senior officials from Invest in Canada and Global Affairs Canada as well as learned more about the changing face of Canada’s Western economies.
In addition to this work, the CCCA also welcomed two new members to the national organization: The Region of Niagara (Ontario) and the City of Surrey (British Columbia).
“We are excited the City of Surrey has joined the Consider Canada City Alliance,” said City of Surrey Mayor Doug McCallum. “As we emerge from the pandemic, driving our economic growth and strengthening Canada’s position as a global destination for foreign investment is more important than ever. Surrey looks forward to working with CCCA’s network of major Canadian Cities to achieve that goal.”
“The Niagara Region is honoured to be named as an official partner of the Consider Canada City Alliance (CCCA),” said Region of Niagara Chair Jim Bradley. “In association with the CCCA, our region will be able to showcase its unique assets on an international scale, leveraging the collective strength of some of the best municipalities Canada has to offer.”
The Consider Canada City Alliance (CCCA) unites 14 of Canada’s largest municipal regions —Vancouver, Surrey, Edmonton, Calgary, Winnipeg, London, Waterloo, Hamilton, Niagara, Toronto, Ottawa, Montreal, Quebec City and Halifax— to build a sustainable and globally competitive national economy built upon the collective strength of each member's ecosystem.
As an established network of Investment Promotion Agencies from coast to coast, the CCCA works with national and international networks of partners to make Canada the preferred location for foreign investment and trade.
Consider Canada City Alliance