55 per cent of Canadians polled nationwide support a potential bid Credit: Shutterstock
Toronto will consider a bid to host the 2025 Expo, with consultants putting the cost to hold such an event at CA$1.9bn (US$1.42bn, €1.3bn, £1.16bn).
Toronto Arts Council says that hosting such an event would result in a CA$4.3bn (US$3.22bn, €2.95bn, £2.64bn) boost to national GDP, with a CA$1.26bn (US$944m, €867m, £772m) increase in tax revenue.
A survey conducted by Hill+Knowlton Strategies on behalf of Expo Canada revealed 55 per cent of Canadians polled nationwide support a potential bid, with 32 per cent saying they weren’t sure and needed more information. Only 10 per cent of the 1,300 that took part in the survey opposed the bid.
Supporters of the project have argued that hosting a world event would help the city leverage investment in flood-protecting the Port Lands and move ahead with development of the area – which has been stalled for more than 14 years.
While the project has strong public support, a report from the city council, to be tabled at an executive committee meeting next week, says that Toronto should not host the 2025 Expo, citing concerns over the lack of government funding and construction timelines to develop necessary infrastructure.
Costs would also include a separate figure worth nearly CA$1bn (US$749m, €688m, £613m), which would be needed to redevelop the city’s east end, including flood protection and investment in infrastructure.
Canada’s Prime Minister, Justin Trudeau, said earlier this year that if the city council approves a bid, the federal government will “explore next steps.”
Lionel Messi signs with Expo 2020 as global brand ambassador POSTED 08 Feb 2016. BY Tom Anstey Lionel Messi has signed on with Dubai’s 2020 World Expo, taking on an international role
to act as an ambassador and champion the event that is expected to draw more than 20
million people to the UAE.
HOK-Arup Consortium to design Dubai Expo 2020 POSTED 09 Sep 2014. BY Katie Buckley Nearly a year ago the UAE won the right to host the World Expo in Dubai in
2020, and now the master planners behind the original bid have been selected
to design the host venue at the 438 acre (1.77sq km, 0.68sq m) Dubai Trade
Centre-Jebel Ali.
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed
€1 billion
offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the
continental European Center Parcs business.
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers
confirming the six-million-square-metre site will become a Global Village after the event closes.
The owner of one of Australia's best-known waterparks has acquired a major competitor,
creating a new attractions business spanning two of the country's largest visitor destinations.
55 per cent of Canadians polled nationwide support a potential bid Credit: Shutterstock
Toronto will consider a bid to host the 2025 Expo, with consultants putting the cost to hold such an event at CA$1.9bn (US$1.42bn, €1.3bn, £1.16bn).
Toronto Arts Council says that hosting such an event would result in a CA$4.3bn (US$3.22bn, €2.95bn, £2.64bn) boost to national GDP, with a CA$1.26bn (US$944m, €867m, £772m) increase in tax revenue.
A survey conducted by Hill+Knowlton Strategies on behalf of Expo Canada revealed 55 per cent of Canadians polled nationwide support a potential bid, with 32 per cent saying they weren’t sure and needed more information. Only 10 per cent of the 1,300 that took part in the survey opposed the bid.
Supporters of the project have argued that hosting a world event would help the city leverage investment in flood-protecting the Port Lands and move ahead with development of the area – which has been stalled for more than 14 years.
While the project has strong public support, a report from the city council, to be tabled at an executive committee meeting next week, says that Toronto should not host the 2025 Expo, citing concerns over the lack of government funding and construction timelines to develop necessary infrastructure.
Costs would also include a separate figure worth nearly CA$1bn (US$749m, €688m, £613m), which would be needed to redevelop the city’s east end, including flood protection and investment in infrastructure.
Canada’s Prime Minister, Justin Trudeau, said earlier this year that if the city council approves a bid, the federal government will “explore next steps.”
Lionel Messi signs with Expo 2020 as global brand ambassador POSTED 08 Feb 2016. BY Tom Anstey Lionel Messi has signed on with Dubai’s 2020 World Expo, taking on an international role
to act as an ambassador and champion the event that is expected to draw more than 20
million people to the UAE.
HOK-Arup Consortium to design Dubai Expo 2020 POSTED 09 Sep 2014. BY Katie Buckley Nearly a year ago the UAE won the right to host the World Expo in Dubai in
2020, and now the master planners behind the original bid have been selected
to design the host venue at the 438 acre (1.77sq km, 0.68sq m) Dubai Trade
Centre-Jebel Ali.
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed
€1 billion
offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the
continental European Center Parcs business.
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers
confirming the six-million-square-metre site will become a Global Village after the event closes.
The owner of one of Australia's best-known waterparks has acquired a major competitor,
creating a new attractions business spanning two of the country's largest visitor destinations.
The Toverland theme park in the Netherlands has announced a €98m expansion programme
that will add a resort, new attractions and staff facilities as it pursues plans to become a multi-
day destination.
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package
that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
+ More news
COMPANY PROFILES
Taylor Made Designs Founded in 1993, Taylor Made
Designs supply corporate clothing
and brand-enhancing merchandise
to [more...]