The Olympic cauldron in Vancouver, Photo courtesy of Wikimedia Commons
A new report released today shows that the Metro Vancouver Commerce 2010 Olympic Business Program was a huge success in strengthening the region’s local economy, bringing a total of $306 million in new investment and creating 2,558 new jobs.
Nine Metro Vancouver municipalities, including Olympic host city Vancouver, partnered with the Government of Canada on Metro Vancouver Commerce, an innovative Olympic business program that saw 64 international companies come to Vancouver in February 2010 to land agreements for new jobs and investment in the region.
“Our priority going into the Olympics was ensuring we secured long-term benefits for our City, and it’s clear that our Olympic business program did just that,” said Mayor Gregor Robertson. “With a strategic, targeted approach for attracting new jobs and investment to the region, we succeeded in leveraging the Olympic spotlight to put our economy on the map.