York Region supports GTA efforts to attract foreign investment

Yorkregion.com
April 4, 2016
By Lisa Queen

York Region is supporting a new model for foreign investment.

Council has approved the region’s participation in the newly formed Greater Toronto Area Investment Attraction, known as Toronto Global, for a three-year term.

The agency’s goal is to attract foreign investment to any part of the GTA to develop and maintain a strong regional economy.

The region is one of seven municipal funding members, with the others being Toronto, Caledon, Mississauga, Durham Region, Brampton and Halton Region.

Toronto Global will provide the municipalities with approval over strategic planning, budgeting and appointments to the board of directors.