Sunday, May 26, 2024 The Metro Toronto Convention Centre (MTCC) revealed that it has contributed over $500 million to the economic prosperity of Toronto and Ontario for the fiscal year 2023/24, reaching pre-pandemic performance levels. In its 40th year of operation, the MTCC stands as a significant pillar of support for the provincial economy and local enterprises. Since its inception in 1984, the Centre has injected an estimated $9.
2 billion into the economy, a record for any Canadian convention center. Key achievements from the fiscal year 2023/24 include: The Centre is dedicated to enriching the region through its events and various community contributions, emphasizing local business support and fostering an inclusive environment. Community contributions for fiscal year 2023/24: Neil Lumsden, Minister of Tourism, Culture and Sport, highlighted the MTCC’s critical role in Ontario’s tourism and its enduring legacy in hosting global-level events that draw numerous visitors to the province.
Ron Pellerine, Interim President and CEO of the MTCC, expressed pride in the facility’s sustained success and resilience, thanking everyone involved for their continued support and collaboration. Looking ahead to fiscal year 2024/25, the MTCC is set to host 20 citywide conventions, expected to attract over 100,000 delegates globally to Toronto, further boosting its profile across vital economic sectors like life sciences, technology, manufacturing, and finance. Upcoming citywide conve.