Collision Technology Conference. Image credit Facebook page
Toronto/CMEDIA: The City of Toronto announced earlier this week in a news that it will welcome North America’s fastest-growing technology conference, Collision Technology Conference, back to Toronto in 2024.
In first partnering with Destination Toronto and Exhibition Place, the City was able to bring Collision to Toronto in 2019.
But being cancelled in 2020 due to the COVID-19 pandemic, the conference was held virtually in 2021 before returning in person in 2022 attracting 35,000 attendees and generated $43 million in direct spending and $68 million in economic impact including $1.7 million in municipal tax revenue, $5.7 million in provincial tax revenue and $4.3 million in federal tax revenue.
The city will begin to welcome starting Monday, June 26 more than 40,000 innovators, tech professionals and visitors from around the world for the 2023 edition of Collision.
Considered to be Canada’s most significant technology conference to date, the conference would feature more than 700 speakers, 2,000 start-ups, 1,250 journalists, 950 investors and 100 unicorn companies from 140 countries and would be participated by over 120 trade delegations to explore business opportunities with an international audience.
Bringing together the people, start-ups, companies, and ideas powering and transforming the global technology industry, Collision is part of a series of technology conferences that include Web Summit in Europe and Rio de Janeiro.
With thousands more delegates expected in both 2023 and 2024, the impact of hosting this event in Toronto is expected to be even greater.
Being home to the largest tech sector in Canada and the third-largest in North America, Toronto’s continued growth is supported by 300,000 skilled technology workers and more than 500,000 employees supporting occupations such as sales, administration, business operations, finance and marketing.
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