50 businesses represent at Business in Toronto seminar

Over 50 businesses were represented at the Business Opportunities in Toronto Seminar in Ahmedabad today from various sectors, including: life sciences, informa­tion and communications technology (ICT), financial services and clean technology. Compa­nies came to learn about Toronto’s sound business environment, low corporate tax rates and diverse and talented work force.

Representatives from the Federation of Indian Chambers of Commerce and Industry (FICCI), the Canadian and Ontario governments, as well as PwC and Fasken Martineau DuMoulin LLP all spoke about opportunities and how to do business in Canada. “It is exciting to see so many people interested in expanding their business into Toronto”, said Renato Discenza, President and CEO of Invest Toronto, Toronto’s foreign direct investment attraction corporation. “Toronto really does offer a competitive business environment as a way to enter the North American market”, added Discenza.

The delegates are in India from April 26th – May 6th undertaking investment promotion meet­ings and leading 3 seminars in the Indian commercial centers of Ahmedabad, Hyderabad, and Bengaluru. The Government of Canada and the Province of Ontario are participating in the seminars and meetings. Tractus Asia, a leading Asian economic development firm, is assisting in the investment attraction mission. Meetings will focus on major sectors such as life sciences, clean technology and ICT.