Vaughan strengthens economic development with U.S. exporting event
Image
Experts showcase the advantages of cross-border business
As a gateway to economic activity, the City of Vaughan is fostering stronger relationships with the United States in an effort to help local entrepreneurs expand their reach.
Today Vaughan hosted a workshop sponsored by the Ontario Ministry of Citizenship, Immigration and International Trade, and Deloitte, in partnership with the U.S. Commercial Service, Toronto, to provide opportunities for local businesses to learn about market entry and expansion to the U.S. through investment and other strategies. Entrepreneurs learned how to explore the benefits of exporting and importing through various programs and services.
The seminar focused on the building/construction sector, which includes environmental products and services that are in demand by the U.S. market. The U.S. construction market will remain the largest and most important international market for Ontario exports of building products and technologies.
QUOTE
“A pillar of a great city is a strong and successful business community. The City of Vaughan is committed to building joint economic development initiatives and pursuing opportunities with our international partners. Today’s event is an example of how we are working to support our existing business base that is exporting to the U.S. By working together, we can create jobs, establish Vaughan as a destination for international investment and build a world-class city.”
-Mayor Maurizio Bevilacqua
QUICK FACTS
- Vaughan recently hosted the U.S. Consul General to Canada, Jim Dickmeyer, to begin dialoguing about opportunities for Vaughan.
- Vaughan exported $3.1 billion to the U.S. in 2012, which accounted for 84 per cent of exports out of Vaughan and makes the U.S. the City’s largest export market.
- Vaughan is home to more than 10,916 businesses, employing 194,900, people and is the largest employment centre in York Region.
LEARN MORE