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Consider Canada City Alliance focuses on post-pandemic economic recovery strategy

Direct consultation with the federal government recognizes the important role of Canada's major cities / metropolitan areas

Toronto, ON, February 22, 2021 - Consider Canada City Alliance (CCCA) has concluded its annual winter meeting and has demonstrated its commitment to working with federal and provincial governments on economic recovery, particularly in the area of foreign direct investment (FDI). Among ideas shared with Federal Minister Marco Mendicino, CCCA advocated strengthening immigration allowances, with a focus on the race for global talent and the importance of including Canada's major cities in the development of progressive immigration policies, as it is a key tool in the work of attracting investment from CCCA members. “Now is the time to provide better tools to our cities and surrounding metropolitan areas,” said CCCA Board Chair Malcolm Bruce. “During these two days of meeting, CCCA has consistently maintained that Canada's economic recovery requires focusing on FDI, attracting new businesses and supporting the growth of existing businesses, and that CCCA is the organization to do so, in partnership with the federal government. " In addition to meeting Minister Mendicino at its winter meeting, CCCA also held in-depth discussions with senior officials from Invest in Canada, Global Affairs Canada, the Canadian Embassy in the United States, Innovation, Science and Economic Development Canada, as well as Destination Canada. During these discussions, the important role that municipal regions can play in the country's economic recovery was a recurring theme. Another major subject that was discussed is the importance of our international airports, their reopening and maintaining efficient aerodrome operations since these activities are essential to relaunch FDI in Canada in each of the member cities / regions of the CCCA. Limiting international air travel to just four of Canada's major cities will have a significant negative impact on the flow of investment across the country, both in the short and long term. Additionally, CCCA shared its support for the approval of rapid COVID-19 testing, believing it to be a leading solution to restore foreign investor confidence in the country. “The ideas shared with Minister Mendicino and our federal partners are of critical importance at this time,” said CCCA Executive Director Niloo Boroun. "CCCA is fully committed, with its partners at Invest in Canada and Global Affairs Canada, to attracting foreign direct investment to accelerate job growth and economic recovery for Canadians from coast to coast. the other. We believe that FDI will be a key economic driver over the next year, giving CCCA and its members a significant role. " Consider Canada City Alliance (CCCA) brings together 12 of Canada's largest municipal regions (Vancouver, Edmonton, Calgary, Winnipeg, London, Hamilton, Waterloo, Toronto, Ottawa, Montreal, Quebec and Halifax) to build a national economy that is sustainable, globally competitive and based on the collective strength of each member's ecosystems. As an established network of investment promotion agencies from coast to coast, CCCA works with national and international networks of partners to make Canada a premier location for foreign investment and international trade.

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