Toronto Region Board of Trade

Our mission is to be a catalyst for a vibrant, globally competitive Toronto Region business community. It's time to 'hit go' on growth, Toronto!

[Toronto Region Board of Trade @TorontoRBOT]

We're live at our Housing Symposium: Unlocking Solutions to a Generational Crisis event. Follow event coverage with us over on Bluesky.

🦋: https://t.co/Z9hWpVA2J5

[CCRM @CCRM_ca]

Great feature on our friends at @bigredoakinc from @TorontoRBOT. Learn why they are great storytellers and should be your video partner. https://t.co/z9v0txAKP2

[CQIQC @CQIQC_Toronto]

Podcast alert 🚨 @TorontoRBOT #TorontoTalks! Don’t miss @_cweedbrook former CQIQC postdoc and CEO of @XanaduAI , as he explores quantum computing's next frontier. @UofT , CQIQC, and @creativedlab are at the heart of the GTA's quantum ecosystem @uoftgro 🎧 https://t.co/vsr1tJYFPr

[Toronto Region Board of Trade @TorontoRBOT]

You can hear our conversation with Minister @melaniejoly in a special BONUS episode of our new Toronto Talks podcast. Listen here: https://t.co/oqa63B6xBL

[Mélanie Joly @melaniejoly]

Engaging dialogue with the @TorontoRBOT this week on strengthening Canada’s economy.

We’re working with businesses to find solutions to tariffs, support Canadian industries, and drive economic growth. Together, we’re building a resilient and competitive future.

[Toronto Region Board of Trade @TorontoRBOT]

In the wake of U.S. President Trump’s threatened and still looming broad-based tariff threat, continued talk of destabilizing Canada’s economy to coax us to become the 51st State, and now the threatened imposition of tariffs on steel and aluminum, there can be no doubt that immediate action must be taken to shore up our economy and protect Canada’s economic sovereignty.

Read our emergency economic to-do list and full statement:
https://t.co/RuQxh4DZzt

[CQIQC @CQIQC_Toronto]

Read this interesting interview with @_cweedbrook CEO and Founder of @XanaduAI featured by @TorontoRBOT Christian joined the CQIQC/University of Toronto for postdoctoral research and is now leading pivotal advancements in quantum computing! https://t.co/UE6cChb3gu

[Toronto Region Board of Trade @TorontoRBOT]

The conversation continues at the Bytes & Bubbles cocktail reception. A great way to wrap up the day, exchange insights, and build new connections. #FinTechNetworking #FinTechForward

[Toronto Region Board of Trade @TorontoRBOT]

Excited for 'Unleashing Innovation: Fintech Forward' today! A full day of insights on fintech, urban finance, and digital transformation, alongside innovator tech demos and exploratory networking. Stay tuned for live updates!

[Toronto Region Board of Trade @TorontoRBOT]

The era of instant payments is near. Patricia Meredith, Author & Consultant, Jude Pinto, Chief Delivery Officer, @PaymentsCanada, Dorothee Delort, Senior Financial Sector Specialist, The @WorldBank (Virtual), and Jeff Mulholland, Partner, @IBMCanada Payments Centre explore how real-time payments will reshape financial transactions. #InstantPayments #FinTech

[Richmond Hill EcDev @RH_EcDev]

Navigating the Storm: Preparing Canadian Companies for U.S. Tariffs - FREE webinar tomorrow!
Join the @TorontoRBOT for this webinar on Tuesday, February 4, from 12 - 1:30 pm
Register: https://t.co/OCEMtYXCmi

[Toronto Region Board of Trade @TorontoRBOT]

Giles Gherson is on @MetroMorning right now talking about President Trump’s tariffs and their impact on Canada. Tune in.

[Toronto Region Board of Trade @TorontoRBOT]

The following is a statement from Giles Gherson, President & CEO of Toronto Region Board of Trade, on the imposition of tariffs by President Trump on Canada’s economy.

“On Saturday, as threatened, U.S. President Donald Trump moved to unravel nearly four decades of free trade and a highly successful integrated cross-border economy—slapping punitive 25% tariffs on Canadian exports to the U.S., except for energy which will receive 10%. This completely unjustified attack on Canada will trigger severe economic disruption to our $3-trillion economy and cause painful supplier shortages and higher costs for Americans.
The Canadian government has rightly responded to this unprecedented action with strategic and targeted retaliatory tariffs on U.S. exports to Canada—as of Tuesday, 25% on $30-billion of U.S. goods, rising to $155-billion in 21 days.

— First, these tough countermeasures are essential to protect Canadian businesses in our domestic market at a time when they will be shut out of the U.S. while American businesses would otherwise continue to enjoy free access to the Canadian market.

— Second, measured and calibrated actions demonstrate Canada’s resolve to defend its vital economic interests, while limiting additional harm to our economy.

— Third, the response must inflict enough pain to command the full attention of U.S. federal, state and business decision-makers, already amply distracted by the two-week-old administration’s wave of high-profile domestic policy actions, and bring the administration to the negotiating table. The trick will be to secure a fair and rapid resolution without escalating a trade war we cannot afford.

— Fourth, the President’s fabricated narrative, now taking hold in U.S. public opinion, about Canada’s status as a trade “freeloader,” or “playing a central role” in America’s opioid drugs and illegal migration crises, must be loudly and persuasively refuted in the U.S. media and to decision makers.

The numbers speak for themselves. Aside from Canadian oil and gas exports, which the U.S. depends on to fuel its rapidly growing economy (and which is sold at a discount), Americans have run a trade surplus with Canada for over 17 years. In goods and services it amounted to $60 billion last year. Contrary to the assertion that Canada is drawing manufacturing out of the U.S., the reverse has been true for more than a decade. Again, President Trump’s pretext for an all-out trade war has no basis in reality.

Toronto Region Board of Trade is working hard to ensure that the interests of our members and the broader Toronto region business community are heard at Queen’s Park, in Ottawa and with our big city chambers of commerce partners in Canada and the U.S. Our American counterparts must be made to clearly understand that President Trump’s distortion of reality is the cause of significant economic hardship for them.

Beyond the immediate crisis, this moment underscores the urgent need to take immediate action to strengthen Canada’s economy, to retain investment and production. Without delay, on the table must be significant tax and regulatory reform and the removal of interprovincial trade barriers to maximize our business and market competitiveness. The imperative is now to take full advantage of our domestic market while pushing aggressively to diversify trade internationally.”