"People's Games" to Support Strong Economic Legacy
2015 Pan Am and Parapan Am Games Will Create Trade and Investment Opportunities
Ontario will be showcasing the province's businesses to the Americas during the 2015 Pan Am and Parapan Am games.
Working with the City of Toronto and the International Economic Forum of the Americas, Ontario will host a business forum during the games. This will help companies grow and create jobs by connecting them to economic development opportunities in the Pan Americas.
The business forum is another way Ontario will maximize the economic benefits of the games for all Ontarians -- making them the "People's Games."
It will bring together business leaders from about 40 countries in North, Central and South America and the Caribbean, connecting Ontario companies with opportunities to develop relationships with international partners, exposing them to new export possibilities and new markets, while adding to the economic legacy of the Games.
Increasing the profile of Ontario businesses is part of the government's economic plan to support a dynamic and innovative business climate that attracts investment and creates jobs.
- The business forum is part of the Ontario government’s $42 million investment over three years in the Promotion, Celebration and Legacy Strategy for the Games.
- The Games and Games-related investments will create more than 26,000 jobs and grow Ontario's real GDP by $3.7 billion from 2009 to 2017.
- The Games are promoting volunteerism by training up to 20,000 people and providing them with new skills that will open doors to jobs and growth.
- Maximizing the province’s trade opportunities in emerging markets like South America is part of Ontario’s Going Global Strategy.
“Hosting the 2015 Pan and Parapan American Games is an important opportunity for our province to develop strong economic partnerships with our Pan American and Caribbean neighbours. As we prepare to welcome athletes, officials and visitors from 41 participating nations, this summit will strengthen ties to new audiences and markets as we showcase our province as a premier destination for international sporting events”
“Our government’s investments in the Pan Am and Parapan Am Games are a part of Ontario’s broader strategy for creating jobs and economic growth. We’re working with business to expand into high-growth markets and promote Ontario as a location for investment – and the games will provide extra momentum to those efforts”
Dr. Eric Hoskins