Mayor Olivia Chow wants to “create the most competitive business environment in North America” with a plan to double Toronto’s GDP by 2050.
The economic strategy, contained in a staff report presented Wednesday by Chow and her economic advisory panel, emphasizes supporting small businesses, creating jobs and making Toronto attractive to tech and creative companies. The outline is included in a 72-page booklet entitled Sidewalks to Skylines: An Action Plan for Toronto’s Economy.