Published On: Mon, Nov 28th, 2016

Toronto And Montreal Mayors Declare That Canada Is ‘Open For Business’

The Montreal and Toronto mayors lead a joint delegation to West bank and Israel. These mayors have been quite bitter rivals for a really long time, especially when referring to ice hockey. However, the English-speaking Toronto and French-speaking Montreal mayors did reach Israel as the head of an economic delegation of 120 people with the main purpose of strengthening business ties. Denis Corderre, Montreal Mayor, and John Tory, Toronto Mayor, declared that they are working together in order to help both cities in the future.

Israeli News Online highlighted a Media Line statement by Mayor John Tory in which he said that Mayor Corderre did decide that the world stood out as small when referring to business and investment competition. He thought that there was no reason why the two cities would compete since they are by far the largest of the Canadian metropolises. Working together made a lot of sense.

photo booledozer 2015: intersection near Peter and King

photo booledozer 2015: intersection near Peter and King

Deborah Lyons, Israel Canadian ambassador, highlighted that Forbes declared that Canada stood out as a wonderful business location. The costs associated with development and research are around 1 third lower than when compared with the US. At the same time, the people of Canada are highly educated. Ever since the year 1997’s free-trade agreement between Canada and Israel, trade value between the 2 countries increased 300%. In 2014 the amount was $1.5 billion. Many Jewish communities were established in Montreal and Toronto. In fact, the very first synagogue that appeared in the city of Montreal was erected in the year 1768.

Corderre declared for Media Line that democracy is always connected with safety. There are different clusters coming from simulation, satellites and aerospace. The country is all about creativity and both Montreal and Toronto keep learning from each other. This is important in both economics and politics.

The delegation mentioned above visited West bank and met with different Palestinian officials. Urban diplomacy was discussed and it was mentioned that in around 20 years we will see that 70% of the population of the entire world will be living in cities. Congestion and traffic both lead to green gas emission needs. Cities have to cooperate in order to deal with such issues.

Tory wanted to make brand new contacts when in West bank. He said that there is no desire to just talk and sit with some politicians, discussing political situations. The main focus is put on discussing various business opportunities kind for the companies that are led by Palestinians. There is a desire for the Canadian people to create economic growth, thus improving life quality. In Israel Canada will cooperate with the different interested Israeli companies in transportation, security and life sciences. Taylor said that it was “amazing the kind of innovation they have achieved there. I have seen many ideas that we can use in our own cities, on how to run our city smarter and better.”

The Israel market is definitely small. Countries like the US and Canada are offering a really large market for businessmen to flourish. Since there are 350,000 jews that live in Canada, partnerships could be established.

Author: Lolita Di

Israeli flag photo/ Heather Truett via pixabay

Israeli flag photo/ Heather Truett via pixabay

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