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Toronto Region Board of Trade

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Toronto Region Board of Trade

The Toronto Region Board of Trade is Toronto's chamber of commerce, the largest local chamber of commerce in Canada, representing more than 12,000 individuals and 250,000 business professionals and influencers throughout the Toronto Region, who reflect the breadth of the Toronto region's diverse business community - from established corporations to emerging start-ups.

It is a non-profit organization with a mandate to serve, represent and unite Toronto's business community. The Toronto Region Board of Trade offers business services, facilities, events, policy development and analysis, and advocacy to the city, provincial and federal governments. It develops and promotes policies and programs including affordable housing, public transit, youth/immigrant employment, and the development of a more competitive business environment.

It operates at two locations across Toronto: the Downtown Centre in the heart of the city's financial district, another near Toronto Pearson International Airport. The Board also owns and operates the World Trade Centre Toronto, part of the global network of World Trade Centre operations, with a mandate to help the business community conduct business globally by alerting them to services and opportunities available locally and abroad.

History

It was founded 10 February 1845 by an act of the legislature of Canada:

Its first president was George Percival Ridout, who served in that position until 1852 when he was elected to the legislature. It grew slowly, and had only acquired 60 members by 1856. Until the 1860s, most members were traders, specifically wholesalers.

In 1884, it was amalgamated with the Toronto Corn Exchange Association. The Old Toronto Board of Trade Building (1892–1958), which housed the board, was Toronto's first skyscraper at seven storeys. In 1932−33, the board's name was officially changed to "The Board of Trade of Metropolitan Toronto". In 2012, the board changed its name to "Toronto Region Board of Trade".

References

  • Official website
  • To serve the community: the story of Toronto's Board of Trade, Geoffrey Hunt Stanford, University of Toronto Press, 1974, ISBN 0-8020-3325-3.
  • Toronto, Board of Trade of the City of - Private Acts dealing with the Board, from the Statutes of Canada, Department of Justice (Canada)
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