TORONTO — The Metro Toronto Convention Centre (MTCC) will host a series of six citywide conventions this summer that will attract more than 27,000 national and international visitors. These large conventions will create a significant boost for the region’s economy and local businesses. In its 2023/24 fiscal year, the MTCC will host 22 citywide conventions set to generate more than $246 million in economic impact.
Citywide conventions that take place at the MTCC make an important impact on the economy of Toronto and the province of Ontario. They complement and enhance Toronto’s global reputation across various important sectors, such as life sciences and technology, and are a catalyst for economic growth. International and national attendees generate a significant amount of visitor spending for local businesses such as airports, hotels, restaurants, transportation services and more. This in turn helps support economic development while creating jobs.
“Our government knows that events at the Metro Toronto Convention Centre make immense contributions to our province’s tourism industry and overall economic success,” says Neil Lumsden, Minister of Tourism, Culture and Sport. “We’re proud to support MTCC as they build on their reputation as a world-class business and major event venue that draws international visitors and raises Ontario’s profile as a destination of choice.”
“Booking citywide conventions is a competitive process. Large international conventions return to our Centre a second or third time because of the world-class event experience that we offer in the heart of our vibrant city,” says Lorenz Hassenstein, president and CEO of the Metro Toronto Convention Centre. “Our team is dedicated to securing and hosting successful citywide conventions that shine a spotlight on Toronto, make a tangible impact in our city, and propel ideas forward. In our 2022/23 fiscal year, our facility proudly generated $395 million in economic impact for the region.”