Prognosis
Tech Interest in Toronto Signals City Will Rebound, Mayor Says
- Global businesses continue to open new offices in city: Tory
- Restrictions have eased but downtown traffic is still light
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The mayor of Toronto is counting on interest from global technology companies to rejuvenate business life in Canada’s largest city, which has endured one of the continent’s longest lockdowns to combat Covid-19.
“My greatest level optimism arises out of the fact that I’ve continued to do virtual trade missions over the course of the pandemic, and we continue to attract new offices here to Toronto from well-known companies including Reddit, Netflix, Uber,” John Tory said Tuesday in an interview on Bloomberg Television.