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Media Release

Toronto Region Board of Trade Puts Forward Recommendations to Toronto City Council for 2023 Budget

People walking in a downtown crosswalk in Toronto.

TORONTO, January 18, 2022 – Today, the Toronto Region Board of Trade submitted a letter to City Council with recommendations ahead of its upcoming 2023 budget. The submission outlines key opportunities to bolster the Toronto region’s economy, support businesses, and create a long-term plan for growth.

We are urging City Council to strengthen our region’s economy amid rising costs and a looming recession, improve public transit infrastructure to reduce congestion, and ensure our businesses can attract and retain talent.

On behalf of our members and the broader business community, we look forward to continuing to work collaboratively with City Council on our shared goal of making Toronto one of the most competitive and sought-after business regions in the world.

Read the letter here.


The Toronto Region Board of Trade is one of the largest and most influential business chambers in North America and is a catalyst for the region’s economic agenda. We pursue policy change to drive the growth and competitiveness of the Toronto region and facilitate market opportunities with programs, partnerships and connections to help our members succeed – domestically and internationally.

Media Contact:

Megan Stangl, Communications and Public Affairs Manager