Record Year for Metro Toronto Convention Centre

The Metro Toronto Convention Centre (MTCC) has reported that in Fiscal 2014/15 it hosted 565 events, generating a record $537 million in spending.

In addition to that, over 5,100 jobs in the sector were sustained from all conventions held at the MTCC.

It was an equally record year for MTCC revenues which totaled $63.7 million. In addition, the centre generated over $153 million in federal, provincial, and municipal taxes from all conventions.

The 565 events held in the fiscal year included conventions, corporate meetings, galas, theatre events, trade and consumer shows.

“A world-class destination like Toronto deserves a world-class trade and convention centre and I’m proud to have the Metro Toronto Convention Centre, a provincial facility, here in our city. Year after year, the MTCC continues to help grow our economy, create jobs and attract visitors and businesses to our province. 2014 was no exception and I commend the MTCC on another record year,” said Michael Coteau, Minister of Tourism, Culture and Sport.

Walter Oster, Chair of the MTCC Board of Directors, said, “Historically, our mandate has been to help strengthen the local economy and position Toronto as a world class destination. With a record year behind us, we are motivated to stay the course and continue to bring that same success to the city and the centre.”