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The Metro Toronto Convention Centre Generates Over $500M in Economic Benefit, Anticipates Record-Breaking Summer

June 24, 2017 MICE No Comments Email Email

The Metro Toronto Convention Centre (MTCC) is celebrating a very successful 2016/17 fiscal year by confirming that it hosted 569 events and generated over $500 million for the City of Toronto and the Province of Ontario in total direct spending economic impact from April 2016 to April 2017.

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Based on the Ontario Tourism Regional Economic Impact Model (TREIM), the MTCC also sustained 5749 jobs in the city and generated $163 million in taxes.

As well, the Centre confirmed a total of 13 citywide conventions for future years last fiscal year, 11 from the United States. This represents the highest number of major convention wins from the United States within one fiscal year in more than a decade. It was also a record year for the MTCC’s gross revenue, which totaled $65 million.

Looking forward to fiscal year 2017/18, Canada’s leading convention and trade show facility projects a record-breaking summer as it will host an unprecedented eight international and U.S. citywide conventions from June to September 2017. These citywide conventions will gather worldwide thought leaders across a variety of subjects including law, midwifery, sports medicine, and education. A complete list is below.

“We are thrilled that our strong 2016/17 fiscal year generated significant economic benefit for the City of Toronto and the Province of Ontario as we remain committed to making a positive impact in our community,” said Barry Smith, President and CEO of the Metro Toronto Convention Centre. “We look forward to building on our achievements and creating new successful events for attendees from around the world in fiscal year 2017/18.”

Dentons Partner MeetingJune 8-18 2017

2017 International Confederation of Midwives (ICM) 31st Midwives Triennial CongressJune 17-22 2017

Hospitality Industry Technology Exposition & Conference (HITEC) Toronto 2017June 27-29 2017

Enterprise World 2017 (Open Text Corporation)July 11-14 2017

American Orthopaedic Society for Sports Medicine (AOSSM) Annual MeetingJuly 20-23 2017

The World Indigenous Peoples Conference on Education 2017July 25-28 2017

The North American Bridge Championships 2017July 20-30 2017

American Society of Association Executives (ASAE) Annual Meeting and Exposition – August 12-15 2017

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