Toronto's Prosperous Future
50Notwithstanding the current financial and economic crisis, Toronto goes on with its Agenda for Prosperity that was set up 3 years ago. It is deemed that Toronto has the potential to become the best place for global economy due to its diversity which is embedded even in the companies and labour force.
Toronto clearly enjoys the advantages to be a possible location of choice for businesses on the grounds that it is at the core of one of the fastest growing economic regions of North America. Basically, the success of Toronto now resulted from the investment decisions that were made more than 50 years ago.
In the context of 21st century, the century of cities, Toronto will try to shape global economy along with other cities in the world. The vision for Toronto is to become an inspiring city for solving metropolitan challenges like climate change and human wellness and security. It is for sure that tourism as well as real estate in Toronto will flurish under these circumstances. So broader and higher level investment is needed right here right now in order to enhance competitiveness and sustain growth in the economy.
Toronto is sometimes believed to be the next Dubai...This is not far away from the truth since statistics say that in 2025 Canada will be a leading oil-producing country and maybe more needed for the "oily-hungry" United States. Besides, one year ago the mission to present Toronto as a gateway to North America and attract invenstment from Chinese enterprises started.
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Comments
Yes, yes, let's hear it for a tax-free Toronto!
Toronto is a pretty cool city for sure...
Some ideas can be pretty utopic (tax free, hmmm), but why not to think about it? Who knows what will happen in 5, 15, 25 years?
Thx BlueSkyBright, I believe the same .)
It's enjoyable to read a positive take on the future. Thanks for the insights!












mothersdayflowerz says:
9 months ago
Toronto considered the next Dubai... never heard that one before. It certainly has cooler weather and is easier to get to from the US. If they can pull off the tax-free zone thing, they could certainly give Dubai a lot of competition.