GREATER Gl-ITORONTO

-bdquoVraquol^shy

HONOURARY CHAIR

MayorHazel McCallion City of Mississauga

HONOURARV BOARD REPRESENTATIVES

GeorgeAFierheller (Chair Emeritus) President

Four Halls Inc

Mayor Susan Fenneil Cty of Brampton

Kathylee President CEO CECapital

Lawrence M Tanenbaum Chairman amp CEO

Kilmer Van Nostrand Co Limited Chairman of the Board Maple leaf Sports and Entertainment

BOARD OF DIRECTORS

Mayor David Ryan (Co-Chair Public Sector) Cty of Pickering

Michael Ras(Wee-Chair) Vice PresidentPublic Affairs GO Group

George Hanus President CEO

Greater Toronto Marketing Alliance Regional ChairGaryCarr Regional Municipality of Halton Councillor fosh Colle Gty of Toronto John Davidson

Director EconomicDevelopment RegionalMunicipality of Halton

Renato Discenia President amp CEO

Invest Toronto

Don Edmonds Partner PrivateCompany Services PricewaterfiouseCoopers LLP Jim far (Associate Director) Director General amp Senior Trade Commissioner Foreign Affairsand International TradeCanada Paul Green DirectorPublic s Government Affairs and

Customer Ombudsman

Enbridge Gas DistributionInc John Howe

Vice PresidentInvestment Strategyand ProjectEvaluation

Metroinlaquo

Toby Lennox Vice President Corporate Affairsand

Communications GreaterToronto AirportsAuthority

Don Macintosh Partner

Fraser MilnerCasgrain UP Derek Miliar Regional Manager Ian Martin Limited

Lou Milrad Milrad Law Offices

MayorMaralynMorrison Town of Caledon

Mayor Steve Pellegrini Townshipof King

lanet Richards Vice President Sales and Marketing Herman Miller Canada inc

Or Pamela Ritchie DeanFaculty of Business and

Information Technology University of OntarioInstitute of Technology Colin Ross SeniorVicePresidentampManager OfficeLeasing DTZ Barnicke Limited

HECEIVEO

JUN lt- 6 2012

June 21 2012 ECONOMIC DEV amp COMMUNICATIONS

(SWIM)

Mr Dennis Cutajar Commissioner Economic Development ampCommunications City of Brampton 2 Wellington Street West Business Attraction and

Brampton ON L6Y 4R2 Retention Advisory Committee

Dear Mr Cutajar Date Scrfcrrbzf IS Zo(2

2011 marked the Greater Toronto Marketing Alliances (GTMA) bestyear-to-date for securing foreign direct investment (FDI) for the Greater Toronto Area (GTA) As the lead marketing agency and central point ofcontact for prospective international investors looking to locate or expand their business into the GTA this is an accomplishment we are very proud of and sharewith our 91 public-private partners

We invite you to read the enclosed GTMA 2011 Annual Report - Building on Success- to share in our collaborative achievements In 2011 the GTMA increased its total to 88 foreign companies it has helped start operations within the GTA augmenting the job count to 4550 new-direct jobs These new employees added over$400 million to the regions GDP and the companies contributed approximately $6 million in propertytaxes and 2 million sq ft of occupied office and manufacturingspace

As always we appreciate your comments and suggestions

Sincerely

George Hanus President amp CEO

Enclosure

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Toll Free North America 1-800-411-4482 International 1-800-735-32800 askusgreatertorontoorg wwwgreatertorontoorg

ampraquo-1 BRAMPTON Economic Development

and CommunicationsbromptoiMo Flower City

June 26 2012

Mr George Hanus President amp CEO

Greater Toronto Marketing Alliance 350 Bay Street suite 120012th Floor Toronto Ontario M5H 2S6

Dear George

Thank you for sending us the impressive GTMA 2011 Annual Report We were very proud to learn that2011 was the GTMAs best year for securing FDI in the GTA marketplace

Your Annual Report is attractive informative and compelling On behalf of the Brampton Economic Development Office please acceptoursincerest congratulations

We wish you and your team on staff and on the Board continued success in 2012 and the years ahead

Yours truly

gt+~ Dennis Cutajar Commissioner Economic Development amp Communications

cc Sohail Saeed Director Economic Development

The Corporation of The City of Brampton

2 Wellington Street West Brampton ON L6Y4R2 T 9058742000 TTY 9058742130

ANNUAL REPORT

m raquoINVESTMENTS INTHEGTA

THROUGH THE GTMA (1999-2011)

ARKADIN INC

ARKADIUM

BUCHANAN GROUP

CENTRO SOLAR AG

CIRCLES

CITIFINANCIAL

COGNIZANT TECH SOLUTIONS

COIN CO INTERNATIONAL PLC

COMPUTER AID INC CREDIT RISK MANAGEMENT

CUSTOM BLDG PRODUCTS CAN

DEALERTIRE

DELTA LIGHT

DIRECT-LINK

ETAP-ON-LINE

FAIRFAX INFO TECHNOLOGY

FIFTH THIRD BANK

FIRST COMMERCIAL BANK

FOSTER MOORE

FRONIUS CANADA

GAMELOFT

HDRDTA

INFORMED CONSULTING LTD

INFOSYS TECHNOLOGIES LTD

INSI TECHNOLOGY INNOVATION

KERRIDGEINC

KOEI INC

LANOGOLD CANADA CO LTD

LISEC ENGINEERING

LITTLE KICKERS

MARTIFER SOLAR

MIRABAUD

OAKATOM CANADA INC

OAOTECH

OLD NAVYTHE GAP

PATNI COMPUTER SYSTEMS

PENNCORP

PLENARY GROUP CANADA

POLARIS SOFTWARE LAB CANADA

NESTLE IT

RATIONAL

SATYAM COMPUTER SERVICES

SDI MEDIA GROUP

SILIKEN RENEWABLE ENERGY

SINOVELWIND

SIRADEL CANADA

SPINTOPIAVISION2HIRE

SUMMER MUSIC CONFERENCE

TANMORAL

TARGET

TECHSPACE (REGUS BUS CENTRES) THE SWANN GROUP

THERAVITAE INC

THOROUGHBRED TECHNOLOGIES

TOSTRADE CANADA INC

TURNER ampTOWNSEND

UBISOFTTORONTO

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COMMUNICATION AND COLLABORATION

ENSURE CONTINUED SUCCESS

2011 was the best and most prosperous year for the GTMA to-date in attracting foreign direct investment (FDI) intothe Greater Toronto Area (GTA)

The anchor of the GTMAs success was driven by the launch of our second Corporate Strategic Plan - cover ing 2011 to 2014- a successor to our first plan (2007shy2010) This resulted from a comprehensive consulta tion process with eight of our stakeholder groups and our Board I want to thank our stakeholders and board

membersfortheircommitmentand participation inthe focus groups that ledto the development ofour Corpo rate Strategic Plan

This past year we also expanded the GTMAs mandate reach targeting new international markets and capital izing on emerging opportunities in new sectors while ensuring a continued base of support through partner shipswith multinational corporations

On a personal note this will be my last report as the Chair The GTMA has been my professional home away from home for the past six years I am currently completing my second term as Chair I have been involved at the Board level my entire time with the GTMA a role which was also coupledwith that of CEO for three-and-a-half years Overthat timewe havewitnessed manychanges economical and structural which has resulted in increasing successes We shouldall feel proudof our achievements and our contributions to the economy of the GTA as George Hanus outlines in greater detail within his letter

2011 WAS THE BEST AND MOST PROSPEROUS YEAR FOR THE

GTMATO-DATE IN ATTRACTING FOREIGN DIRECT INVESTMENT

(FDI) INTO THE GREATER TORONTO AREA (GTA) THE ANCHOR OF THE GTMAS SUCCESS WAS DRIVEN BYTHE LAUNCH OF OUR

SECOND CORPORATE STRATEGIC PLAN - COVERING 2011 TO

2014 -A SUCCESSORTO OUR FIRST PLAN (2007- 2010)

Iam very proud ofour staff fortheir hard work andefforts thispastyear particularly with opening and maintaining business relations with Brazil I am grateful to the Mayors and Regional Chairs and to our municipaleconomic development professionals lor their continued support of the GTMAs mandate as well as for the support of the federal government through the Department of Foreign Affairs and Inter national Trade (DFAIT) andtheprovincial government through the Ministry of Economic Development and Innovation (MEDI)

Last but by no means least I want to thank my colleagues the directors and our staff for their tireless effortsthroughoutmytenureThis jobwould havebeen impossible without them

As I complete my term please allow me to wish you all every success in continuing to grow foreign direct investment in the GTA

Sincerely

(iQfkM Lou Milrad

Chair

GTMA 2011 ANNUAL REPORT

AsIlookbackon 20111 characterize itas ayear inwhichwe tookwhatwasworking at theGTMA and madeitworkeven better forourstakeholders our partners and the GreaterTo rontoArea (GTA) Itwasa yearthat sawthe GTMA continu ingto focus itsresources andenergies into itscoremandate building on a proven track record of accomplishments and demonstrating accountability back to our partners 2011 represented our best yearyet forconfirmed foreign direct investments (FDI) with11 international investment projects creatingover1350 newdirect-jobs in the GTA

We have takenaction together withour partners in regional governments businessand academia to build on our past successes When combining our 2011 results to our past investments the GTMA has attracted 88 new international

companies creating 4550 direct-jobs and contributing overS400 million annually to the GDP of the GTA

We recognize that no organization can afford to be complacentThechallengewe undertakeis one which requires us to create a new climate and newcommitment to meet todays competitive environment in attracting new international investors Our 2011-2014 Corporate Strategic Plan outlines our goals and strategies for the next three years Under the plan we brought a new focusand commitment to our FDI effortsadding the food and beveragesector new markets and a newapproach in working with in-market specialists Wereconfident indelivering great investments results going forward

TheGTMA along with its broad networkof stakeholder partners is part of that commitment that builds on the considerable strengthsthat we havein the GTA Thesuccess of the GTMA is basedon a commit ment to the long-term and to team work We continue to seek ways of working with our local partners while reaching out to international intermediaries to strengthen the GTAs profile and position among international investors

Were proud of our continuing partnerships across the region in particular our relationship with the GTA colleges and universities and the expanded Presidents Council in the important role they play in our investment attraction strategy In 2011 wewere pleased to add the University ofToronto McMaster University and DurhamCollege to the PresidentsCouncil

WHEN COMBINING OUR 2011 RESULTSTO OUR PAST

INVESTMENTS THE GTMA HAS ATTRACTED 88 NEW

INTERNATIONAL COMPANIES CREATING 4550

DIRECT-JOBS AND CONTRIBUTING OVER $400 MILLION

ANNUALLY TO THE GDP OF THE GTA

As President amp CEO my activities largelycontinued to be focused in the areas of communication and corporate sustainability With a networkof stakeholdersas largeas ours effectivecommunication isvital in keeping everyoneinformed but also to listen to their needs

Our funding partners continued to show great support for the GTMA in 20111 want to take this opportu nity to thankour regional and municipal plus private sectorpartners the colleges and universities as well as the federal and provincial governments

Together we are makingthe GTA a globalhot spot for foreign direct investment

Sincerely

Ml

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(J^) njLJJ GeorgeHanus

President amp CEO

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TESTIMONIALS

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Thefall luncheon allowedover100attendees with representation from government business andacademia to benefit from MinisterFasts expertise andinsights ontodays global economy andhowforeign direct investment isa keydriver ofitsfuture growth andprosperity The event featuredanational announcement regarding the governments funding for99 Canadian organiza tions and communitiesin orderto attract retain andexpandFDI initiatives

7am delightedto see suchinterest inexploring Brazils vibrant marketfrom oneofCanadas dynamic cityregions asrepresentedbytheGreaterToronto Marketing Alliance TheG TMAs participation ina major localtrade event Futurecom isexactly thetype offorward-looking initiative needed tounderstand Brazilian companies specificneedsandrequirements to ensurea successfulmerger intotheGreater Toronto Areas economy

Ambassador of Canada to BrazilJamaL A Khokhar

bull bull onourabte Ed fast Minister of International trade andMinisterofAsia-Pacific Catevaypar ticipating ina mediascrum at theC IMA Fall i uncheon

Ontario iscommitted tobuilding astrong business climate We welcome the contributions

made bytheGreater Toronto Marketing Alliance to attractinvestment to theprovince

The Honourable Brad Duguid Ontario Minister of Economic Development and Innovation

presenting

GTMA 2011 ANNUAL REPORT

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

AUSTRALIA

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BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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ide including -since 2011 -

nearly 200 in

the GTA How

theyarrived hereisa

storyofcollaboration

andteam

work

Afterconsidering

threeor four

otherN

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merican

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everyinterested

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ent AsStudioM

anager Benjam

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ere m

ost impressed

with

thenum

berandquality

ofcollegesanduniversitiesand

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hat combined w

ith generous government incentive program

s had the GTA at or near the top of our list

The initial contact w

as made through O

ntarios Ministry of Econom

ic Developm

ent and Innovation From

therethe GTM

Ain

co-operationw

ithInvestT

orontoprovidedG

ameloftexecutivesw

ithbrief

ings on corporate legal issues HR staffing taxation -

even personal tours of all the relevant GTA

educational institutionsT

hishighlevelof

collaborativeservicing helped

make

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eloftsdecision

easy getting their Toronto studio up and running and allow

ing them to focus on the hard w

ork of aim

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Arkadium

is

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York

City-based

developer publisher

and distributor

of casual social and m

obile electronic games

They create gam

e software for consum

er brands ad agencies casino operators and online gam

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with

an office

in the

Ukraine

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locatio

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ccording to

Daniel

Sennet D

irector of Operations at A

rkadium the search w

as driven by two prim

ary needs For us it was

allabout the availabilityof

relevanttalent andtax

credits hesaysW

ithclose

proximity to

the five universities

andsixcolleges

inthe GTA

theregion

offereda

largeconcentrationofgam

ingand

developer talent especially in the mobile

technologies G

erry Pisarzowski and

his team at the

GTM

A vere a huge help to us introducing us to the deans of several schools and also to potential

partners investors recruiters -even real estate agents reports M

r Sennet

Then there w

ere generous tax credits available through the federal governments SRamp

ED tax

credit program and the O

ntario Interactive Digital M

edia Tax Credit T

hese were m

ore substan tial than w

e found anywhere else says Sennet A

rkadium found the G

TMA

to be instrumental in

helpingthem

choosethe G

TA

As

MrS

ennetsays

Any

servicew

eneeded

was

delivered asseam

lessly as possible They did a lot of research and for us the G

TA w

as a no-bramer

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DANIEL SENNET DIRECTOR OF OPERATIONS ARKADIUM

C(A

^Qn ANNlM

L REKRI

13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

nIt illustrates

where employees Area live inproximityto reg Circles Sokjnons Center -Burtngton

bull RoaJenceof EmployeesCircles Canadian

headquarters

r bull] l

Brampton i

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14

Ml

COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

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z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

ANNUAL REPORT

m raquoINVESTMENTS INTHEGTA

THROUGH THE GTMA (1999-2011)

ARKADIN INC

ARKADIUM

BUCHANAN GROUP

CENTRO SOLAR AG

CIRCLES

CITIFINANCIAL

COGNIZANT TECH SOLUTIONS

COIN CO INTERNATIONAL PLC

COMPUTER AID INC CREDIT RISK MANAGEMENT

CUSTOM BLDG PRODUCTS CAN

DEALERTIRE

DELTA LIGHT

DIRECT-LINK

ETAP-ON-LINE

FAIRFAX INFO TECHNOLOGY

FIFTH THIRD BANK

FIRST COMMERCIAL BANK

FOSTER MOORE

FRONIUS CANADA

GAMELOFT

HDRDTA

INFORMED CONSULTING LTD

INFOSYS TECHNOLOGIES LTD

INSI TECHNOLOGY INNOVATION

KERRIDGEINC

KOEI INC

LANOGOLD CANADA CO LTD

LISEC ENGINEERING

LITTLE KICKERS

MARTIFER SOLAR

MIRABAUD

OAKATOM CANADA INC

OAOTECH

OLD NAVYTHE GAP

PATNI COMPUTER SYSTEMS

PENNCORP

PLENARY GROUP CANADA

POLARIS SOFTWARE LAB CANADA

NESTLE IT

RATIONAL

SATYAM COMPUTER SERVICES

SDI MEDIA GROUP

SILIKEN RENEWABLE ENERGY

SINOVELWIND

SIRADEL CANADA

SPINTOPIAVISION2HIRE

SUMMER MUSIC CONFERENCE

TANMORAL

TARGET

TECHSPACE (REGUS BUS CENTRES) THE SWANN GROUP

THERAVITAE INC

THOROUGHBRED TECHNOLOGIES

TOSTRADE CANADA INC

TURNER ampTOWNSEND

UBISOFTTORONTO

bull ULINE SHIPPING SUPPLY SPECIALISTS

VOXAR LIMITED

WERECOVERDATA

WIPRO TECHNOLOGIES MARKETING ALLIANCEWRENCH SOLUTIONS

i

m i i

s

ruy]

[LJLJ]

m (ULfJ

COMMUNICATION AND COLLABORATION

ENSURE CONTINUED SUCCESS

2011 was the best and most prosperous year for the GTMA to-date in attracting foreign direct investment (FDI) intothe Greater Toronto Area (GTA)

The anchor of the GTMAs success was driven by the launch of our second Corporate Strategic Plan - cover ing 2011 to 2014- a successor to our first plan (2007shy2010) This resulted from a comprehensive consulta tion process with eight of our stakeholder groups and our Board I want to thank our stakeholders and board

membersfortheircommitmentand participation inthe focus groups that ledto the development ofour Corpo rate Strategic Plan

This past year we also expanded the GTMAs mandate reach targeting new international markets and capital izing on emerging opportunities in new sectors while ensuring a continued base of support through partner shipswith multinational corporations

On a personal note this will be my last report as the Chair The GTMA has been my professional home away from home for the past six years I am currently completing my second term as Chair I have been involved at the Board level my entire time with the GTMA a role which was also coupledwith that of CEO for three-and-a-half years Overthat timewe havewitnessed manychanges economical and structural which has resulted in increasing successes We shouldall feel proudof our achievements and our contributions to the economy of the GTA as George Hanus outlines in greater detail within his letter

2011 WAS THE BEST AND MOST PROSPEROUS YEAR FOR THE

GTMATO-DATE IN ATTRACTING FOREIGN DIRECT INVESTMENT

(FDI) INTO THE GREATER TORONTO AREA (GTA) THE ANCHOR OF THE GTMAS SUCCESS WAS DRIVEN BYTHE LAUNCH OF OUR

SECOND CORPORATE STRATEGIC PLAN - COVERING 2011 TO

2014 -A SUCCESSORTO OUR FIRST PLAN (2007- 2010)

Iam very proud ofour staff fortheir hard work andefforts thispastyear particularly with opening and maintaining business relations with Brazil I am grateful to the Mayors and Regional Chairs and to our municipaleconomic development professionals lor their continued support of the GTMAs mandate as well as for the support of the federal government through the Department of Foreign Affairs and Inter national Trade (DFAIT) andtheprovincial government through the Ministry of Economic Development and Innovation (MEDI)

Last but by no means least I want to thank my colleagues the directors and our staff for their tireless effortsthroughoutmytenureThis jobwould havebeen impossible without them

As I complete my term please allow me to wish you all every success in continuing to grow foreign direct investment in the GTA

Sincerely

(iQfkM Lou Milrad

Chair

GTMA 2011 ANNUAL REPORT

AsIlookbackon 20111 characterize itas ayear inwhichwe tookwhatwasworking at theGTMA and madeitworkeven better forourstakeholders our partners and the GreaterTo rontoArea (GTA) Itwasa yearthat sawthe GTMA continu ingto focus itsresources andenergies into itscoremandate building on a proven track record of accomplishments and demonstrating accountability back to our partners 2011 represented our best yearyet forconfirmed foreign direct investments (FDI) with11 international investment projects creatingover1350 newdirect-jobs in the GTA

We have takenaction together withour partners in regional governments businessand academia to build on our past successes When combining our 2011 results to our past investments the GTMA has attracted 88 new international

companies creating 4550 direct-jobs and contributing overS400 million annually to the GDP of the GTA

We recognize that no organization can afford to be complacentThechallengewe undertakeis one which requires us to create a new climate and newcommitment to meet todays competitive environment in attracting new international investors Our 2011-2014 Corporate Strategic Plan outlines our goals and strategies for the next three years Under the plan we brought a new focusand commitment to our FDI effortsadding the food and beveragesector new markets and a newapproach in working with in-market specialists Wereconfident indelivering great investments results going forward

TheGTMA along with its broad networkof stakeholder partners is part of that commitment that builds on the considerable strengthsthat we havein the GTA Thesuccess of the GTMA is basedon a commit ment to the long-term and to team work We continue to seek ways of working with our local partners while reaching out to international intermediaries to strengthen the GTAs profile and position among international investors

Were proud of our continuing partnerships across the region in particular our relationship with the GTA colleges and universities and the expanded Presidents Council in the important role they play in our investment attraction strategy In 2011 wewere pleased to add the University ofToronto McMaster University and DurhamCollege to the PresidentsCouncil

WHEN COMBINING OUR 2011 RESULTSTO OUR PAST

INVESTMENTS THE GTMA HAS ATTRACTED 88 NEW

INTERNATIONAL COMPANIES CREATING 4550

DIRECT-JOBS AND CONTRIBUTING OVER $400 MILLION

ANNUALLY TO THE GDP OF THE GTA

As President amp CEO my activities largelycontinued to be focused in the areas of communication and corporate sustainability With a networkof stakeholdersas largeas ours effectivecommunication isvital in keeping everyoneinformed but also to listen to their needs

Our funding partners continued to show great support for the GTMA in 20111 want to take this opportu nity to thankour regional and municipal plus private sectorpartners the colleges and universities as well as the federal and provincial governments

Together we are makingthe GTA a globalhot spot for foreign direct investment

Sincerely

Ml

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(J^) njLJJ GeorgeHanus

President amp CEO

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TESTIMONIALS

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Thefall luncheon allowedover100attendees with representation from government business andacademia to benefit from MinisterFasts expertise andinsights ontodays global economy andhowforeign direct investment isa keydriver ofitsfuture growth andprosperity The event featuredanational announcement regarding the governments funding for99 Canadian organiza tions and communitiesin orderto attract retain andexpandFDI initiatives

7am delightedto see suchinterest inexploring Brazils vibrant marketfrom oneofCanadas dynamic cityregions asrepresentedbytheGreaterToronto Marketing Alliance TheG TMAs participation ina major localtrade event Futurecom isexactly thetype offorward-looking initiative needed tounderstand Brazilian companies specificneedsandrequirements to ensurea successfulmerger intotheGreater Toronto Areas economy

Ambassador of Canada to BrazilJamaL A Khokhar

bull bull onourabte Ed fast Minister of International trade andMinisterofAsia-Pacific Catevaypar ticipating ina mediascrum at theC IMA Fall i uncheon

Ontario iscommitted tobuilding astrong business climate We welcome the contributions

made bytheGreater Toronto Marketing Alliance to attractinvestment to theprovince

The Honourable Brad Duguid Ontario Minister of Economic Development and Innovation

presenting

GTMA 2011 ANNUAL REPORT

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

AUSTRALIA

I I

ruturrxom Canadian Consulate Booth Sao Paulo Braill (t-r) Daniel Rit i

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BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

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COMMUNICATION AND COLLABORATION

ENSURE CONTINUED SUCCESS

2011 was the best and most prosperous year for the GTMA to-date in attracting foreign direct investment (FDI) intothe Greater Toronto Area (GTA)

The anchor of the GTMAs success was driven by the launch of our second Corporate Strategic Plan - cover ing 2011 to 2014- a successor to our first plan (2007shy2010) This resulted from a comprehensive consulta tion process with eight of our stakeholder groups and our Board I want to thank our stakeholders and board

membersfortheircommitmentand participation inthe focus groups that ledto the development ofour Corpo rate Strategic Plan

This past year we also expanded the GTMAs mandate reach targeting new international markets and capital izing on emerging opportunities in new sectors while ensuring a continued base of support through partner shipswith multinational corporations

On a personal note this will be my last report as the Chair The GTMA has been my professional home away from home for the past six years I am currently completing my second term as Chair I have been involved at the Board level my entire time with the GTMA a role which was also coupledwith that of CEO for three-and-a-half years Overthat timewe havewitnessed manychanges economical and structural which has resulted in increasing successes We shouldall feel proudof our achievements and our contributions to the economy of the GTA as George Hanus outlines in greater detail within his letter

2011 WAS THE BEST AND MOST PROSPEROUS YEAR FOR THE

GTMATO-DATE IN ATTRACTING FOREIGN DIRECT INVESTMENT

(FDI) INTO THE GREATER TORONTO AREA (GTA) THE ANCHOR OF THE GTMAS SUCCESS WAS DRIVEN BYTHE LAUNCH OF OUR

SECOND CORPORATE STRATEGIC PLAN - COVERING 2011 TO

2014 -A SUCCESSORTO OUR FIRST PLAN (2007- 2010)

Iam very proud ofour staff fortheir hard work andefforts thispastyear particularly with opening and maintaining business relations with Brazil I am grateful to the Mayors and Regional Chairs and to our municipaleconomic development professionals lor their continued support of the GTMAs mandate as well as for the support of the federal government through the Department of Foreign Affairs and Inter national Trade (DFAIT) andtheprovincial government through the Ministry of Economic Development and Innovation (MEDI)

Last but by no means least I want to thank my colleagues the directors and our staff for their tireless effortsthroughoutmytenureThis jobwould havebeen impossible without them

As I complete my term please allow me to wish you all every success in continuing to grow foreign direct investment in the GTA

Sincerely

(iQfkM Lou Milrad

Chair

GTMA 2011 ANNUAL REPORT

AsIlookbackon 20111 characterize itas ayear inwhichwe tookwhatwasworking at theGTMA and madeitworkeven better forourstakeholders our partners and the GreaterTo rontoArea (GTA) Itwasa yearthat sawthe GTMA continu ingto focus itsresources andenergies into itscoremandate building on a proven track record of accomplishments and demonstrating accountability back to our partners 2011 represented our best yearyet forconfirmed foreign direct investments (FDI) with11 international investment projects creatingover1350 newdirect-jobs in the GTA

We have takenaction together withour partners in regional governments businessand academia to build on our past successes When combining our 2011 results to our past investments the GTMA has attracted 88 new international

companies creating 4550 direct-jobs and contributing overS400 million annually to the GDP of the GTA

We recognize that no organization can afford to be complacentThechallengewe undertakeis one which requires us to create a new climate and newcommitment to meet todays competitive environment in attracting new international investors Our 2011-2014 Corporate Strategic Plan outlines our goals and strategies for the next three years Under the plan we brought a new focusand commitment to our FDI effortsadding the food and beveragesector new markets and a newapproach in working with in-market specialists Wereconfident indelivering great investments results going forward

TheGTMA along with its broad networkof stakeholder partners is part of that commitment that builds on the considerable strengthsthat we havein the GTA Thesuccess of the GTMA is basedon a commit ment to the long-term and to team work We continue to seek ways of working with our local partners while reaching out to international intermediaries to strengthen the GTAs profile and position among international investors

Were proud of our continuing partnerships across the region in particular our relationship with the GTA colleges and universities and the expanded Presidents Council in the important role they play in our investment attraction strategy In 2011 wewere pleased to add the University ofToronto McMaster University and DurhamCollege to the PresidentsCouncil

WHEN COMBINING OUR 2011 RESULTSTO OUR PAST

INVESTMENTS THE GTMA HAS ATTRACTED 88 NEW

INTERNATIONAL COMPANIES CREATING 4550

DIRECT-JOBS AND CONTRIBUTING OVER $400 MILLION

ANNUALLY TO THE GDP OF THE GTA

As President amp CEO my activities largelycontinued to be focused in the areas of communication and corporate sustainability With a networkof stakeholdersas largeas ours effectivecommunication isvital in keeping everyoneinformed but also to listen to their needs

Our funding partners continued to show great support for the GTMA in 20111 want to take this opportu nity to thankour regional and municipal plus private sectorpartners the colleges and universities as well as the federal and provincial governments

Together we are makingthe GTA a globalhot spot for foreign direct investment

Sincerely

Ml

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(J^) njLJJ GeorgeHanus

President amp CEO

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TESTIMONIALS

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Thefall luncheon allowedover100attendees with representation from government business andacademia to benefit from MinisterFasts expertise andinsights ontodays global economy andhowforeign direct investment isa keydriver ofitsfuture growth andprosperity The event featuredanational announcement regarding the governments funding for99 Canadian organiza tions and communitiesin orderto attract retain andexpandFDI initiatives

7am delightedto see suchinterest inexploring Brazils vibrant marketfrom oneofCanadas dynamic cityregions asrepresentedbytheGreaterToronto Marketing Alliance TheG TMAs participation ina major localtrade event Futurecom isexactly thetype offorward-looking initiative needed tounderstand Brazilian companies specificneedsandrequirements to ensurea successfulmerger intotheGreater Toronto Areas economy

Ambassador of Canada to BrazilJamaL A Khokhar

bull bull onourabte Ed fast Minister of International trade andMinisterofAsia-Pacific Catevaypar ticipating ina mediascrum at theC IMA Fall i uncheon

Ontario iscommitted tobuilding astrong business climate We welcome the contributions

made bytheGreater Toronto Marketing Alliance to attractinvestment to theprovince

The Honourable Brad Duguid Ontario Minister of Economic Development and Innovation

presenting

GTMA 2011 ANNUAL REPORT

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

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The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

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Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

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ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

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STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

AsIlookbackon 20111 characterize itas ayear inwhichwe tookwhatwasworking at theGTMA and madeitworkeven better forourstakeholders our partners and the GreaterTo rontoArea (GTA) Itwasa yearthat sawthe GTMA continu ingto focus itsresources andenergies into itscoremandate building on a proven track record of accomplishments and demonstrating accountability back to our partners 2011 represented our best yearyet forconfirmed foreign direct investments (FDI) with11 international investment projects creatingover1350 newdirect-jobs in the GTA

We have takenaction together withour partners in regional governments businessand academia to build on our past successes When combining our 2011 results to our past investments the GTMA has attracted 88 new international

companies creating 4550 direct-jobs and contributing overS400 million annually to the GDP of the GTA

We recognize that no organization can afford to be complacentThechallengewe undertakeis one which requires us to create a new climate and newcommitment to meet todays competitive environment in attracting new international investors Our 2011-2014 Corporate Strategic Plan outlines our goals and strategies for the next three years Under the plan we brought a new focusand commitment to our FDI effortsadding the food and beveragesector new markets and a newapproach in working with in-market specialists Wereconfident indelivering great investments results going forward

TheGTMA along with its broad networkof stakeholder partners is part of that commitment that builds on the considerable strengthsthat we havein the GTA Thesuccess of the GTMA is basedon a commit ment to the long-term and to team work We continue to seek ways of working with our local partners while reaching out to international intermediaries to strengthen the GTAs profile and position among international investors

Were proud of our continuing partnerships across the region in particular our relationship with the GTA colleges and universities and the expanded Presidents Council in the important role they play in our investment attraction strategy In 2011 wewere pleased to add the University ofToronto McMaster University and DurhamCollege to the PresidentsCouncil

WHEN COMBINING OUR 2011 RESULTSTO OUR PAST

INVESTMENTS THE GTMA HAS ATTRACTED 88 NEW

INTERNATIONAL COMPANIES CREATING 4550

DIRECT-JOBS AND CONTRIBUTING OVER $400 MILLION

ANNUALLY TO THE GDP OF THE GTA

As President amp CEO my activities largelycontinued to be focused in the areas of communication and corporate sustainability With a networkof stakeholdersas largeas ours effectivecommunication isvital in keeping everyoneinformed but also to listen to their needs

Our funding partners continued to show great support for the GTMA in 20111 want to take this opportu nity to thankour regional and municipal plus private sectorpartners the colleges and universities as well as the federal and provincial governments

Together we are makingthe GTA a globalhot spot for foreign direct investment

Sincerely

Ml

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(J^) njLJJ GeorgeHanus

President amp CEO

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TESTIMONIALS

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Thefall luncheon allowedover100attendees with representation from government business andacademia to benefit from MinisterFasts expertise andinsights ontodays global economy andhowforeign direct investment isa keydriver ofitsfuture growth andprosperity The event featuredanational announcement regarding the governments funding for99 Canadian organiza tions and communitiesin orderto attract retain andexpandFDI initiatives

7am delightedto see suchinterest inexploring Brazils vibrant marketfrom oneofCanadas dynamic cityregions asrepresentedbytheGreaterToronto Marketing Alliance TheG TMAs participation ina major localtrade event Futurecom isexactly thetype offorward-looking initiative needed tounderstand Brazilian companies specificneedsandrequirements to ensurea successfulmerger intotheGreater Toronto Areas economy

Ambassador of Canada to BrazilJamaL A Khokhar

bull bull onourabte Ed fast Minister of International trade andMinisterofAsia-Pacific Catevaypar ticipating ina mediascrum at theC IMA Fall i uncheon

Ontario iscommitted tobuilding astrong business climate We welcome the contributions

made bytheGreater Toronto Marketing Alliance to attractinvestment to theprovince

The Honourable Brad Duguid Ontario Minister of Economic Development and Innovation

presenting

GTMA 2011 ANNUAL REPORT

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

AUSTRALIA

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BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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ofcollegesanduniversitiesand

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TAoffered

an excellent talent pool T

hat combined w

ith generous government incentive program

s had the GTA at or near the top of our list

The initial contact w

as made through O

ntarios Ministry of Econom

ic Developm

ent and Innovation From

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ithInvestT

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ithbrief

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even personal tours of all the relevant GTA

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make

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easy getting their Toronto studio up and running and allow

ing them to focus on the hard w

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They create gam

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rkadium the search w

as driven by two prim

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allabout the availabilityof

relevanttalent andtax

credits hesaysW

ithclose

proximity to

the five universities

andsixcolleges

inthe GTA

theregion

offereda

largeconcentrationofgam

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technologies G

erry Pisarzowski and

his team at the

GTM

A vere a huge help to us introducing us to the deans of several schools and also to potential

partners investors recruiters -even real estate agents reports M

r Sennet

Then there w

ere generous tax credits available through the federal governments SRamp

ED tax

credit program and the O

ntario Interactive Digital M

edia Tax Credit T

hese were m

ore substan tial than w

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rkadium found the G

TMA

to be instrumental in

helpingthem

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servicew

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was

delivered asseam

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DANIEL SENNET DIRECTOR OF OPERATIONS ARKADIUM

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

nIt illustrates

where employees Area live inproximityto reg Circles Sokjnons Center -Burtngton

bull RoaJenceof EmployeesCircles Canadian

headquarters

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

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TESTIMONIALS

bull

Thefall luncheon allowedover100attendees with representation from government business andacademia to benefit from MinisterFasts expertise andinsights ontodays global economy andhowforeign direct investment isa keydriver ofitsfuture growth andprosperity The event featuredanational announcement regarding the governments funding for99 Canadian organiza tions and communitiesin orderto attract retain andexpandFDI initiatives

7am delightedto see suchinterest inexploring Brazils vibrant marketfrom oneofCanadas dynamic cityregions asrepresentedbytheGreaterToronto Marketing Alliance TheG TMAs participation ina major localtrade event Futurecom isexactly thetype offorward-looking initiative needed tounderstand Brazilian companies specificneedsandrequirements to ensurea successfulmerger intotheGreater Toronto Areas economy

Ambassador of Canada to BrazilJamaL A Khokhar

bull bull onourabte Ed fast Minister of International trade andMinisterofAsia-Pacific Catevaypar ticipating ina mediascrum at theC IMA Fall i uncheon

Ontario iscommitted tobuilding astrong business climate We welcome the contributions

made bytheGreater Toronto Marketing Alliance to attractinvestment to theprovince

The Honourable Brad Duguid Ontario Minister of Economic Development and Innovation

presenting

GTMA 2011 ANNUAL REPORT

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

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bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

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BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

INTER

The GTMAs main mission is to attract foreign direct investment (FDI) into the Greater Toronto Area (GTA) inorder to boost the economy andfoster job creation 2011 proved to be the most successful year-to-date securing 11 international investment projects and creatingover1350 new direct-jobs

2011 NEW INVESTMENTS

COMPANY ORIGIN SECTOR LOCATION | JOBS | Gameloft France ICT (Digital Media) Toronto 205

American United Entertainment United States Film Toronto 150

Arkadium UnitedKingdom ICT (Digital Media) Toronto 20

Martifier Solar Spain EN2 (Solar) Toronto 2

Flo2Cash New Zealand ICT (PS Payments) Toronto 2

Foster Moore New Zealand ICT (Security) Toronto 2

Wrench Solutions India ICT (Engineering Mississauga 2 Software)

Target - Distribution WDL (Warehousing Milton 350 Centre United States Distribution amp

Logistics)

Target shyCanadian Headquarters United States Retail Mississauga 500

Credit Risk Canada BS (Call Centre) Milton 45Management Canada

Wipro India ICT Mississauga 100

Anuga20U- Germany 1 (l-r) GeraldPisanomki VP Business Oevetoprenr Greater Toronto Marketing AWance

bull -d VP ButinenDettlopn-erl Canadat Technology Triangle

CLIENT ACTIVITY

QUARTER CLIENT TYPE TOTAL CONVERSION RATE 2011

emdash I strade

Leads 35 133 55 107 330

Hot Leads 0 7 8 7 22

Prospects 5 7 4 5 21 13 (lead to hot lead or prospect)

2gcv (Hot lead orprospect toNew Investments 5 1 3 2 11 0 newinvestment)

FDI STEPS DEFINED

LEADS - Pre-qualified meetings with a company in a foreign market

HOT LEADS - Pre-qualified meetings with a foreign company in the GTA to introduce them to the services provided by the GTMA

PROSPECTS - Qualified investors that have visited the GTA and received a substantial amount of

direct servicing by the GTMAs private and public sector partners

NEWINVESTMENTS - Investors that have confirmed that they will be opening operations within the GTA

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INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

AUSTRALIA

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BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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They create gam

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After expanding

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irector of Operations at A

rkadium the search w

as driven by two prim

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allabout the availabilityof

relevanttalent andtax

credits hesaysW

ithclose

proximity to

the five universities

andsixcolleges

inthe GTA

theregion

offereda

largeconcentrationofgam

ingand

developer talent especially in the mobile

technologies G

erry Pisarzowski and

his team at the

GTM

A vere a huge help to us introducing us to the deans of several schools and also to potential

partners investors recruiters -even real estate agents reports M

r Sennet

Then there w

ere generous tax credits available through the federal governments SRamp

ED tax

credit program and the O

ntario Interactive Digital M

edia Tax Credit T

hese were m

ore substan tial than w

e found anywhere else says Sennet A

rkadium found the G

TMA

to be instrumental in

helpingthem

choosethe G

TA

As

MrS

ennetsays

Any

servicew

eneeded

was

delivered asseam

lessly as possible They did a lot of research and for us the G

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DANIEL SENNET DIRECTOR OF OPERATIONS ARKADIUM

C(A

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

nIt illustrates

where employees Area live inproximityto reg Circles Sokjnons Center -Burtngton

bull RoaJenceof EmployeesCircles Canadian

headquarters

r bull] l

Brampton i

lUtonltKl- L i i GuHph2 Mississauga

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bull JWelandIllUlmancH i

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14

Ml

COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

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z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

m ruu]

m r^

INTERNATIONAL MARKETS TARGETED bull Europe - Germany andItaly

bull South America - Brazil

bull USA - Arizona California Michigan andTexas

TheGTMAs FDI initiatives are madepossible bythe funding supportfromInvestCanada - Community Initiatives part of the Departmentof Foreign Affairs and International Trade CanadasGlobal Commerce Support Program

JOINT MARKETING PARTNERSHIPS bull Ontario Technology Corridor (OTC)

Weacknowledge thefinancial supportof the GTA regionsmunicipalities throughthe Advanced Manufactur ing Initiativefor enabling the GTMA to take part in the following advanced manufacturingprograms

bull Ontario Cleantech Alliance (OCTA)

bull Ontario Food Cluster (OFC)

bull Ontario Automotive Community Alliance (OACA)

WHERE WE GENERATED LEADS

INITIATIVE j LOCATION I SECTOR EUEC

San Francisco GDC and LosAngeles

SIAL Canada

Windpower2011

Intersolar2011

IFT Food Expo

Management Briefing Seminars

Europe GDCGamescom

Brazil FDI Business Initiative

Sibos2011

Italy FDI Business Initiative

Phoenix AZ

San Francisco and LosAngelesCA

Toronto ON

Anaheim CA

MunichGermany

New Orleans LA

Traverse City Ml

Cologne Germany

Riode Janeiro and Sao Paulo Brazil

Toronto ON

Milan Soncino and Rome IT

EN2 - Cleantech

ICT - DigitalMedia

Agri-Food

EN2-Wind energy

EN2- Solar energy

Agri-Food

Automotive

ICT - Digital Media

ICT EN2Agri-Food

ICTFS - Payments

ICT EN2 Agri-Food

SMI 20U- Toronto Ontario

(hr)BillHarvie Investment Attraction Consulshy tout Ministry cjAgriculture foodandRural

Affairs Barbara Maly Business Development Specialist Agn food0 Innovation Sectors GtyofGuelpti GeraldPisanowski VP Buiiness Development Greater Toronto

I Marketing Alliance Mark Jonker Team tead ofAgriculture ToodandRural

Affairs JohnSwanInvestmentAttractionConshybull sultant Ministry ofAgriculture foodandRura

Affairs Blltlliot VP Business Development Canadas Technology Triangle

I DATES

Jan 31 - Feb 3

Feb28-Mar4

May 11-13

May 22-25

June 8-10

June 11-14

Aug 1-4

Aug 15-17

Sept 19-23

Sept 19-23

Oct 3-7

1 PARTNER Ontario Cleantech Alliance (OCTA)

Ontario Technology Corridor (OTC)

Ontario Food Cluster(OFC)

OCTA

OCTA

OFC

Ontario Automotive CommunityAlliance (OACA)

OTC

GTMA

GTMA

GTMA amp Italian Chamber of Commerceof Ontario (ICCO)

Anuga Cologne Germany Agri-Food Oct 8-12 OFC

Solar Power Dallas TX EN2Solar Energy Oct 17-20 OCTAInternational

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

il DIRECT

PRIVATE

LEADS BY INDUSTRY

bull ENERGY amp ENVIRONMENT (EN2)

bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

AGRI-FOOD

OTHER

LEADS BY ORIGIN

1

2011 PROSPECTS BY SOURCE

I GOVERNMENT

I MARKETING INITIATIVES

(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

bull OTHER (AGRIMFG LIFE SCI

FINANCIAL SERVICES) bull INFORMATIONS COMMUNICATIONS

TECHNOLOGY (ICT)

ENERGY amp ENVIRONMENT (EN2)

2011 PROSPECTS BY ORIGIN

bull EUROPE bull EUROPE

bull NORTH AMERICA bullbull ASIA [UU]NORTH AMERICASOUTH AMERICA

SOUTH AMERICAbull ASIA

AUSTRALIA

I I

ruturrxom Canadian Consulate Booth Sao Paulo Braill (t-r) Daniel Rit i

bull bull bull

bull

Toronp

bull

Derm

City bull bull

BUILDING RELATIONSHIPS

-AND BUSINESS-INTERNATIONALLY

The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

r-n rasa OB too triu ri r v r-i rrr2 ran BO era ci n I ma ram ra tna htiu rrra i--i en rrra tcca rnn era ci trra una en trra ma rn nvj i uiu rem era nta en a i irsa tTt en nan tcci ma nan ca taa tax trra una en ma nnn en irnj bob ran ran bull J rem ma una en n j Eta nna mi i^ raa rna ir rxa^tea era CB|Ci

Irrca en raa^pza trra iic^ a rf^Frrra itt-M bull

Iportunidades dc Invcstimcnto na Grande TorontoCanac c Bcnclicios do Govcrno nas areas de Inovacao

A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

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Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

bullACHING INVESTORS

Europe is in the forefront as the largest source of the G However South America and Asia are growing rapidly in importance as sources for investment While the high-activity industries are led byICT and energyand environment 2011 witnessedthe agri-food sectorgrowsubstantially

LEADS BY SOURCE

bull MARKETINGINITIATIVES

bull GOVERNMENT

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PRIVATE

LEADS BY INDUSTRY

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2011 PROSPECTS BY SOURCE

I GOVERNMENT

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(FDIATTRACTION amp WEBSITE)

2011 PROSPECTS BY INDUSTRY

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BUILDING RELATIONSHIPS

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The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

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Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

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Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

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350 BayStreet Suite 1200 Toronto ON Canada

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Tel 4163607320

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BUILDING RELATIONSHIPS

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The GreaterToronto Marketing Alliance (GTMA) inco-operation with its 91 public-private sectorpart nerscontinued to be activethroughout 2011 travellingto develop leads and generating results for the GTA on the international level

For us to be successful in marketingthe GTA and attracting new business to the region its all about relationships Personal relationships For that you have to go abroad says Gerald Pisarzowski Vice President Business Development GTMA

TheGTMA dealt witha total of 330 newinvestment leadsand met with 43 potential investorsresulting in 11 new investments for the GTA in 2011 However in order to build and nurture those all-important personal relationships GTMA representatives paid special attention to two particular international markets Brazil and Italy

BRAZIL REPORT

MayorHazelMcCallion viewing local cuisineat the Municipal Market Sao Paulo Brazil

GTA Presentation to fispal Sao Paulo Brazil September 2077

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A delegation that included GTMA representatives and Mayor Hazel McCallion City of Missis sauga made their way to Brazil a country with one of the fastest-growing economies in the world Forfive days from September19-23split between the cities of Sao Pauloand Curitiba the representa tives spread the word to Brazilian companies about the advantages of locating in the GTA Weknow that many Brazilian businesses are looking to internationalizeand the GTA with its growingeconomy stable business environment and huge market access would be for these companies a great base of operations said Mr Pisarzowski

Business in Brazil isheavily based on relationships and this trip the second in twoyearsbythe GTMA was an opportunity to reinforce contacts that had been established previously Amongtheir activities the delegates attended Futurecom 2011 the largestInformationand CommunicationTechnologies (ICT) industrygathering in Latin America AsMayor McCallion put it Wewanted to secure the interest of the Brazilian ICT industrybecausethat isa growingsector in the countryAnd with the manyadvantages of locating in the GTA to servicethe North American market we found strong interest from many com panies

WE KNOWTHAT MANY BRAZILIAN BUSINESSES ARE

LOOKING TO INTERNATIONALIZE AND THE GTA WITH ITS GROWING ECONOMY STABLE BUSINESS

ENVIRONMENT AND HUGE MARKET ACCESS WOULD

BE FOR THESE COMPANIES A GREAT

BASE OF OPERATIONS

GERALDPISARZOWSKI VPBUSINESS DEVELOPMENTGTMA

CTMA 2011 ANNUAL REPORT

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

ITALY REPORT

From October 7-9 Tony Romano Director Corporate Affairs GTMA and Corrado Paina Executive Director Italian ChamberofCommerce ofOntario (ICCO) undertook a three-city FDI business initia tivefocused on meeting investment leadswith interests in the NorthAmerican market and the GTA

Rome ItalyOctober 2011- CanadaGTA FDI Business Initiative (l-r)Tony Romano Director Corporate Affairs Greater Toronto Marketing Alliance Sandra Marches

Trade Commissioner Ca nadian Embassy Rome Corrado Paina Executive Director Italian Chamber

of Commerceof Ontario Enrica Bagnolim Director North American Investment Sviluppo laiio Claudio Capenuoli Director International Markets National Confederalion ofSmall and Medium Size Businesses

I I The in-country visitation provided an opportunity to follow-up with calls on existing GTMA Italian investment leads says Mr Romano As well asmeet with officials at theCanadian Embassy 1 in Rome for further discussions on ways to collaborate in identifying and servicing leads from the Italian marketplace The Italy business development initiative provided opportunities to meet with 40 companies through a series of four GTA awareness presentation seminars to Italys lead ing industry associations with their vast membership base of small and medium size enterprises with growing interest in new markets

The presentations were accompanied by 11 one-on-one meetings with companies in the ICT energy and environment andadvanced manufacturing sectors As Mr Romano says The federal and provincial governments pave the way forusby selling the advantages ofCanada andOntario respectively We are then able to operate on a more granular level helping companies with is sues such as due diligence site selection and logistics Both initiatives resulted in confirmed visits to the GTA by several companies and bodes well for investment announcements in the near future

THE FEDERAL AND PROVINCIAL GOVERNMENTS PAVE THE WAY FOR US BY SELLING THE ADVANTAGES OF

CANADA AND ONTARIO RESPECTIVELY WE ARE THEN

ABLETO OPERATEON A MORE GRANULAR LEVEL HELPING COMPANIES WITH ISSUES SUCH AS DUE DILIGENCE SITE SELECTION AND LOGISTICS

TONYG ROMANO DIRECTOR CORPORATE AFFAIRS GTMA

OTHER INITIATIVES IN 2011

In the end the GTMA is a forward-looking organization constantly searching for the next high growth market and industry The two international business initiatives profiled above complement the other 11 lead-generating initiatives that the GTMA participated in during 2011 While in Brazil and Italy the GTMAs focus was on multi-industries within one specific market the other 11 initiatives throughout the US and Europe were industry specific where compa nies from all over the globe were present at conferences and targeted for first contact meetings (seepage 6 fora full listing of GTMAs 2011 FDI initiatives) These travels abroad are a cost-effec tiveway to establish and solidify the business and personalrelationships that are so vital inattract ing ever more companies to invest in the G TA

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

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13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

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COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

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15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

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INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

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PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

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ide including -since 2011 -

nearly 200 in

the GTA How

theyarrived hereisa

storyofcollaboration

andteam

work

Afterconsidering

threeor four

otherN

orthA

merican

sitesGam

eloft hadbecom

everyinterested

in the

GTAas

the locationfortheirinvestm

ent AsStudioM

anager Benjam

inG

oldman

putitWew

ere m

ost impressed

with

thenum

berandquality

ofcollegesanduniversitiesand

knewthe G

TAoffered

an excellent talent pool T

hat combined w

ith generous government incentive program

s had the GTA at or near the top of our list

The initial contact w

as made through O

ntarios Ministry of Econom

ic Developm

ent and Innovation From

therethe GTM

Ain

co-operationw

ithInvestT

orontoprovidedG

ameloftexecutivesw

ithbrief

ings on corporate legal issues HR staffing taxation -

even personal tours of all the relevant GTA

educational institutionsT

hishighlevelof

collaborativeservicing helped

make

Gam

eloftsdecision

easy getting their Toronto studio up and running and allow

ing them to focus on the hard w

ork of aim

ing games W

E W

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MO

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IMP

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SSED

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ER

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AN

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LL

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AM

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Arkadium

is

a N

ew

York

City-based

developer publisher

and distributor

of casual social and m

obile electronic games

They create gam

e software for consum

er brands ad agencies casino operators and online gam

ers

After expanding

with

an office

in the

Ukraine

Ark

adiu

m

need

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a seco

nd

locatio

n in N

orth

Am

erica An

d th

e se

arc

h

was

on A

ccording to

Daniel

Sennet D

irector of Operations at A

rkadium the search w

as driven by two prim

ary needs For us it was

allabout the availabilityof

relevanttalent andtax

credits hesaysW

ithclose

proximity to

the five universities

andsixcolleges

inthe GTA

theregion

offereda

largeconcentrationofgam

ingand

developer talent especially in the mobile

technologies G

erry Pisarzowski and

his team at the

GTM

A vere a huge help to us introducing us to the deans of several schools and also to potential

partners investors recruiters -even real estate agents reports M

r Sennet

Then there w

ere generous tax credits available through the federal governments SRamp

ED tax

credit program and the O

ntario Interactive Digital M

edia Tax Credit T

hese were m

ore substan tial than w

e found anywhere else says Sennet A

rkadium found the G

TMA

to be instrumental in

helpingthem

choosethe G

TA

As

MrS

ennetsays

Any

servicew

eneeded

was

delivered asseam

lessly as possible They did a lot of research and for us the G

TA w

as a no-bramer

G

ER

RY

PIS

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KI A

ND

HIS

TE

AM

AT

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ER

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EN

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m

DANIEL SENNET DIRECTOR OF OPERATIONS ARKADIUM

C(A

^Qn ANNlM

L REKRI

13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

nIt illustrates

where employees Area live inproximityto reg Circles Sokjnons Center -Burtngton

bull RoaJenceof EmployeesCircles Canadian

headquarters

r bull] l

Brampton i

lUtonltKl- L i i GuHph2 Mississauga

Mltltai4 I0tchenw2 bull SSoaktfte

Carnitine-3 bull 94Burlington Hamilton 138 4Glmsby bull 1 Nlaoara-cn the-Lsta

RrvjfYd4 bull bull bull 6 Si Catharines Brant I1 s Lincoln 13 3Niaoarafaraquos

bull JWelandIllUlmancH i

bull IForrErte

bull- bull i m

14

Ml

COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

llt~)

z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

13 CIRCLES - CONCIERGE SERVICES HEARD THE GTMA CALLING

The GTMAs investment into companies does not end the moment it is settled - it is vital for business relationships to grow and the GTMA thrives on seeing these companies prosper One of the many examples is Circles a company which has grown to an over 300 employee operation in its seven short years in the GTA

Circles a subsidiary of the French conglomerate Sodexo Inc is the leading provider of concierge and personal assistant services in the US Headquartered in Boston MA their engagement marketingsolutions create deep meaningful connections between companies and their customers and employees - fosteringacquisition reten tion and life-long loyalty for many of the worlds best-known brands

FOR US THE MAIN CRITERIA WAS FINDING THE RIGHT LABOUR WE ALSO WANTED TO BE

CLOSE TO A MAJOR CITY IN A VERY SERVICEshyORIENTED REGION

SUEPRONCO EXECUTIVE DIRECTOR COMPLIANCE SECURITY amp

PRIVACYSITELEADCIRCLES

A view inside CircleBurlingtonofkv

Since 2004 Circles has had offices in the US France the UK Sweden the Benelux and -Burlington Ont When asked why the GTA Sue Pronco Executive Director Compliance Security ampPrivacySite Lead for Circles listed a number of reasons For us the main criteria was finding the right labour We also wanted to beclose to a major city in a very service-oriented region We toured several Canadian and US cities andafter looking at all the factors Burlington and the GTA was the right place for us to be

Ms Pronco cited the GTAs well-educated tech savvy diverse labour pool excellent public transportation network and concentration of service-oriented businesses In order to aid their search the GTMA supplied data and information about the location infrastructure labour market competition and education centres The GTMA wasvery helpful to usWewere really able to hit the ground running says Ms Pronco

The map showcases the regionaleconomic

impact of Circles Solutions Centre in Greater

Burlington Toronto

nIt illustrates

where employees Area live inproximityto reg Circles Sokjnons Center -Burtngton

bull RoaJenceof EmployeesCircles Canadian

headquarters

r bull] l

Brampton i

lUtonltKl- L i i GuHph2 Mississauga

Mltltai4 I0tchenw2 bull SSoaktfte

Carnitine-3 bull 94Burlington Hamilton 138 4Glmsby bull 1 Nlaoara-cn the-Lsta

RrvjfYd4 bull bull bull 6 Si Catharines Brant I1 s Lincoln 13 3Niaoarafaraquos

bull JWelandIllUlmancH i

bull IForrErte

bull- bull i m

14

Ml

COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

llt~)

z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

14

Ml

COMPLEMENTARY PROGRAMS

SUPPORTING THE FDI MANDATE

In order to succeed in itsefforts togenerate new foreign direct investment (FDI) theGTMA knows the importance of remaining on top of key issues and topics critical to international investment attrac tionSharing global views insights and experiences isthe focus of manyof the GTMAs complementary programs As well as an opportunity to engage on a collaborative level with their regional and internationalpartnersand stakeholders

INTERNATIONAL LEADERS BREAKFAST CLUB

MARCH 9 Agri-Food Sector Emerging Priorities of Ontarios Largest Employer within the Global Marketplace The Honourable Carol Mitchell Minister of Agriculture Food amp Rural Affairs Emerald Hills GolfClub Town ofWhitchurch-Stouffville

MARCH 24 The RoleofTransportationinour Regions Prosperity Bruce McCuaig President ampCEO Metrolinx Janet Ecker PresidentToronto FinancialServicesAlliance Joan WidemanVice President Corporate Services LenbrookGroup Seneca College Markham Campus Town ofMarkham

APRIL 26 Hot Sectors HotMarketsEconomic Forecast- Global Study Findings Release StephenMartin Partner Consulting PwC Spence McDonnell Partner TaxPwC Peter Matutat Partner Assurance PwC

AndrewLight VicePresident Consulting PwC Ontario Investment andTrade Centre CityofToronto

JUNE 28 The Business ojWinning Leveraging SportsBranding to Attract Business Robert Hunter Executive Vice-President Venues and Entertainment MLSE

KathyHenderson SeniorVice-President Revenue and MarketingTO2015trade 8MOField CityofToronto

OCTOBER 19 World Overviewof Corporate Foreign Direct Investment (FDI) Cathy DawsonCEO Red Hot Locations UK Ben Engel SeniorConsultant BCI Global Jean-Noel Mermet Managing Director Frenger International Seneca College Newhnam Campus CityofToronto

NOVEMBER 29 Four Nations FourPerspectives Scott Bozek Consul for Commercial Affairs US Consulate General in Toronto

Ambassador Afonso Cardoso Consul General Consul-General of Brazil in Toronto

Jonathan Dart British Consul General Toronto Director General of UKTrade amp In vestment - Canada British Consulate General - Toronto

Preeti Saran Consul General Consulate-General of India

NewCity Hall CityofVaughan

ILBCpresents Four Nations FourPerspectives (l-r) Scott Boiek ConsulforCommercial Affairs Consulate Cene-r i bull bull

ate General Consul-General of India Mayor Ma BevitacquaCityofVaug bull bull iGTI A bull bullbull-bullbull General Consul-General oj Brazil inToronto lonathan Dart BritishConsul General Toronto i of UKTrade poundgt Investn bull General bullbullbullbull

[1

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

llt~)

z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

15 GTMA SUPPORTED INDUSTRY SECTOR STRATEGY FORUMS

JANUARY 31 GTMA 2011-2014 StrategicPlan Consultation Session Energy Sector ampInformation andCommunications Technology (ICT) Sector FocusGroups

FEBRUARY 4 GTMA 2011-2014 StrategicPlan Consultation Session Automotive Advanced Manufacturing Sector ampFood Processing Sector FocusGroups

FEBRUARY 7 GTMAs International Digital Media Forum using Ciscos Telepresence

JUNE 5 VerdeXchange GreenMarketmakers Conference 2011

OCTOBER 24 GTMA Fall Luncheon

Featuring the Honourable Ed Fast Minister of International Trade and Minister ofAsia Pacific-Gateway

NOVEMBER 22 Technicity

NOVEMBER 30 GTMAs FoodSector Forumusing CiscosTelePresence

ILBC attendees reo aprivatetpurof 81 field (June 28)

KeynoshyOntarloMii networking at tl

Agriculture Food ampRural Affa sectorfocusedILBC (March bull))

ILBC participants tour a new VIVA bus route

inYork Region (March 24)

GTMA LEADERSHIP EVENTS

APRIL7 GTMA Presents George A FierhellerTribute Dinner

APRIL 14 amp 15 GTMA Board Stakeholder Retreat

SEPTEMBER 28 GTMA AnnualGeneral Meeting Jl

GTMA COLLEGE AND UNIVERSITY INTERNSHIP PROGRAM

CENTENNIAL COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

HUMBER COLLEGE

SENECA COLLEGE

UNIVERSITY OF TORONTO

UNIVERSITY OF TORONTO

UNIVERSITY OF WATERLOO

UNIVERSITY OF WATERLOO

YORK UNIVERSITY

VOLUNTEERS

Laurel Service

Robert Antolin

Kaley Krajnc

Bianca Salentyn Jonathan lee

Nick Kazakoff

Johnny Leung

Azin Rastan

Sharine Said

Matthew Troncone

John lilanchard

Mark Hilbig

Ted Phairojpipat

H r

1

llt~)

z I UNIVERSITY OFg ^humber Seneca IE wTORONTO

^^^M UNIVERSITY o WATERLOO

s

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

INTERNATIONAL LEAD GENERATING16

STRATEGIES PLANNED

The GTMA is committed to staying at the forefront of the foreign direct investment constantly monitoringinternationalmarketsand identifying opportunitiesfor FDI into the GTA

2012 INTERNATIONAL MARKETING PROGRAM

INITIATIVE LOCATION SECTOR

California San Francisco and ICT - Digital Media MarS-9 OTCICT Initiative Los Angeles CA

California Food amp California Agri-Food May2-4 GTMA

Beverage Industry

Animation 8ltVFX Los Angeles CA ICT-Digital Media May7-9 GTMA + Ontario

in LosAngeles

Windpower2012 Atlanta GA EN2 - Wind Energy June 3-6 OCTA

Annual Conference Dallas TX EN2 June 10-14 OCTA8c Exposition (ACE12)

Italy FDI Business Bergamo Milan and Agri-Food EN2 June 25-30 GTMA amp ICCO Initiative Veneto IT amp ICT

Brazil Foodamp Beverage Sao Paulo Brazil Agri-Food June 25 - 28 OFC

LeadGenerating Initiative

Europe GDC Cologne Germany ICT - Digital Media Aug15-17 OTC

GTA EDPIMSA Brazil ICT Oct 8-11 GTMA

SIAL2012 Paris France Agri-Food Oct 21 - 25 OFC

2012 Private Label Chicago IL Agri-Food Nov 11-13 OFC Trade Show

New York City Lead j NevvYorkCity NY ICT Nov 12-14 GTMA Generation Initiative

The honourable Bob Chiaretli Ontario Minister of Infrastructure and MinisterofTransportation presenting the- keynoteaddress at the Roadto Economic Prosperity Investing in Regional Transportation

UructureILBC (April 12)IIBC participants taking part of theRegional

n consultation

forum ledb) 12)

2012 COMPLEMENTARY ACTIVITIES

MARCH 5 ILBC The Big Move The Role of Metrolinx in DurhamRegions Prosperity Bruce McCuaig President 8lt CEO Metrolinx CityofOshawa

I I APRIL 12 ILBC Road to Economic Prosperity Investing in Regional Transportation Infrastructure The Honourable BobChiarelli Ontario Minister of Infrastructure and MinisterofTransportation City ofBurlington

SEPTEMBER 13 GTMA Celebrity GolfTournament - ACelebration ofGTA Communities CityofVaughan SEPTEMBER 26 Annual General Meeting (tbc) OCTOBER 18 ILBC Realities ofGTAs ICT Labour Shortage Peel Region (tbc) NOVEMBER 18 ILBC Mobile Innovation Research City of Toronto (tbc)

J GTMA 2011 ANNUAL REPORT

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

GTMA PARTNERS 17

We believe in building strong partnerships The GTMA partnerships brings together the 29 municipalities and regions that make up the Greater Toronto Area (GTA) colleges and universities thegovernments ofOntario and Canada several not-for-profit organizations and a broad cross section ofprivate-sector corporations Drawing on the expertise and resources ofour partner organizations the GTMA actively promotes the GTA internationally and provides companies with professional assistance in evaluating planning and implementing an expansion or moveinto the GTA

The CTA is Canadas largest and most influential regional market covering 7124 square kilometres (2750 square miles) with a grow ing population of over 61 million

COLD LEVEL PARTNERS REGIONAL FUNDING PARTNERS

l|ll|l pound1 copyHermanMiller VliSflroinu PgMlSSiSSAUGA InvestTorohtoCISCO ^NBRIDCB copy ilMiliiiim

II QtoiUOmh GALEDON ^AHaJtonBornicko rur laquolaquo raquobull

copy U BRAMPTON METROLINX OpenText

PRIVATE-SECTOR PARTNERS TSI International GroupInc Town ofWhitby m VoiceMailTel Inc Town of Whitchurch-Stouffvilie

SILVER LEVEL rumRegional Municipality ofYork

CompassCreativeMedia PUBLIC-SECTOR PARTNERS

Dell Canada Town ol Ajax EDUCATIONAL INSTITUTIONSDevencore Realties Corporation

Town of Aurora Centennial College of Applied ArtsCanada Limited Brokerage City of Brampton ampTechnologyEnetStudioz Inc Township of Brock Durham CollegeFraser Milner Casgrain LLP City of Burlington George Brown CollegeGowlings LaFleur Henderson LLP

Town of Caledon Humber Institute ofTechnologyINSIX Media Q

Municipality ofClarington ampAdvanced LearningKilmer Van NostrandCo

Regional Municipality of Durham McMaster UniversityMiller Thomson LLP

Foreign Affairs andInternational Ontario College ol Art ampDesignOntario Power Generation

Trade Canada (DFAIT) Ryerson UniversityPamela Powered Inc Town of East Gwillimbury Seneca College of Applied Arts ampPricewaterhouseCoopers LLP

Town ofGeorgina TechnologyRBC Royal Bank

Regional Municipality ofHalton Sheridan Institute ofTechnologyScotiabank

Town of Halton Hills ampAdvanced Learning BRONZE LEVEL Township of King University ofOntario Institute ^ British Consulate General bullToronto Town of Markham ofTechnology J

European Union Chamber of Town of Milton University ofToronto Commerce in Toronto City of Mississauga York University German Chamber of Industry Town of Newmarket

and Commerce Town of Oakville ON-LINE ALLIANCE

Green andSpiegel Barristers Ontario Ministry of Economic Lette LLP

amp Solicitors Development and Innovation ORION

Hubbell Canada LP City ofOshawa Italian Chamber of Commerce Regional Municipality of Peel ENTREPRENEUR L^of Ontario City of Pickering Canada Competes JP Lauren Town of Richmond Hill Isabella Bertani

Kenneth Caplan andAssociates Township olScugog Chartered Accountant 3)Michael PageCanada Invest Toronto Market2World Communications

Prime Strategies Croup City ofToronto RentZPay Robert Half International Township of Uxbridge Signature Developments Segal amp Partners LLP City ofVaughan

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

GTMA LEADERSHIP - BOARDS amp SUBCOMMITTEES

The GTMA maintains constant contact and collaboration with its partners in the public and private sectors We are proud of the breadth and quality of the leaders who have agreed to serve on our committees and boards Their leadership dedication and guidance have contributed to building the foundation for the continuedsuccessof the GTMA

BOARD OF DIRECTORS

Lou Milrad Councillor Josh Code Paul Green MayorMarolynMorrison (Co-chair Private Sector) City ofToronto Director Public amp Government Region of Peel (Town of Greater Toronto Marketing Affairs and Customer Caledon) Alliance John Davidson Ombudsman

Director Economic Develop Enbridge GasDistribution Inc MayorSteve Pellegrini MayorDavidRyan ment Region of York (Township of (Co-chair Public Sector) Regional Municipality of John Howe King) Region of Durham Halton Vice President Investment

(City of Pickering) CTAEDP Representative Strategy and Project Evaluation Janet Richards Metrolinx Vice President Sales and

Michaels Ras Renato Discenza Marketing (Vice Chair) President amp CEO Toby CD Lennox Herman Miller Canada Inc

Vice President Invest Toronto Vice President Corporate Af Public Affairs CTAEDP Representative fairs and Communications Dr Pamela Ritchie

GCI Group GreaterToronto Airports Dean Faculty of Business and Don Edmonds Authority Information Technology (Chair CTMA Audit Committee) University ofOntario InstituteGeorge AFierheller Partner Private Company Don Macintosh ofTechnology(Chair Emeritus) Services (Chair CTMA Nominating andPresident PricewaterhouseCoopers LLP Governance Committee) Colin RossFour Halls Inc

Partner Senior Vice President t Man-

Jim Feir Eraser Milner Casgrain LLP agerOffice LeasingGeorge Hanus President amp CEO (MsocateDrrector) DTZ Barnicke Limited

Director General and Senior Derek Millar

Trade Vice President GreaterTorontoMarketing Alliance

Commissioner Foreign Affairs Ian Martin Limited

RegionalChairGaryCarr and International Trade Canada

Regional Municipality of Halton

HONOURARY BOARD MEMBERS

Chair Emeritus DrRon Bordessa(Ret) The Hon Frances Lankin William Thorsell (Ret)

George A Fierheller President Four Halls Inc

President Emeritus

University ofOntario Institute ofTechnology

Commissioner

Commission for the Review of

Social Assistance in Ontario

Director 8c CEO

Royal Ontario Museum

RitaTsang

Co-Chairs shy Public Sector

MayorHazel McCallion Region of Peel (City ol Mississauga)

Ann Buller

President and CEO Centennial College of Applied Artsamp Technology

Sheldon Levy President

Ryerson University

Peter Lukasiewicz

Toronto Managing Partner

CEO

Tour EastHolidays

The Rt HonJohn NTurner PCCCQC Partner MillerThomson LLP

n Chairs shy Private Sector

Katherine Lee

President amp CEO

Dr GordonChong(Ret] City ofToronto Transit Infrastructure

Gowling LaFleur Henderson LLP

BWilliam Masson

President

Dr RobertTurner (Ret) President 8 CEO

Sheridan Institute ofTechnology 8lt GE Capital PurdyCrawford Ian Martin Limited Advanced Learning

Lawrence MTanenbaum

Chairman and CEO

CCCounsel Osier Hoskin amp

Dr David Naylor President

Richard EWaugh President 8 CEO

Kilmer Van Nostrand Co Harcourt LLP University ofToronto Scotiabank Limited

Honourary Board

David Crombie

Corporate Director Gordon Nixon

President 8cCEO

DrJeffZabudsky President 8 CEO

Members Anthony S Fell RBC Royal Bank Sheridan Institute ofTechnology amp

David Agnew Corporate Director Philip Olsson Advanced Learning

President MayorSusan Fennell Cnair

SenecaCollege of Applied Arts Region of Peel Liquor Control Board 8lt Technology (City of Brampton) of Ontario

ElyseAllan David Gavsie Hari Panday President amp CEO Chair President 8c CEO General Electric Canada Ontario Civilian Police PanVest CapitalCorporation

John Bitovejr Executive Chairman

Commission

PaulGodfrey Dale E Richmond

President amp CEO

Obelysk President amp CEO Postmedia Network Inc

DERX Inc

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

19

EXECUTIVE COMMITTEE

pJU] n

Lou Milrad (Chair) Co-chair

Private Sector

Greater Toronto Marketing Alliance

Councillor Josh Colle City ofToronto

Don Edmonds

Partner

Private Company Services PricewaterhouseCoopers LLP

Paul Green

Director

Public ampGovernment Affairs and Customer Ombudsman

Enbridge Gas Distribution Inc

Hetrett (April 14)

AUDIT COMMITTEE

Don Edmonds (Chair) Partner

Private Company Services PricewaterhouseCoopers LLP

CouncillorJosh Colle City ofToronto

George Hanus President 8 CEO

GreaterToronto Marketing Alliance

Don Macintosh Partner

Fraser MilnerCasgrain LLP

Michaels Ras

Vice President

Public Affairs

GCI Group

Dr Pamela Ritchie

Dean

Faculty ofBusiness and Information Technology University ofOntario Institute of Technology

MayorDavid Ryan Co-chair

Public Sector

Region ofDurham (City ofPickering)

ToyliMarfii Assistant Deputy Minister Investment Dittion Ministry offconor-c GeorgeAlierhellerPresident fourHallsInc Development andInnovation addressing theguestsattheCTMA Board Stakeholder partieipathgin thepaneIdscvuiontt the CTMA BoardStakeholder

DerekMillar (Chair) Vice President

Ian Martin Limited

Mayor Marolyn Morrison Region of Peel (Town ofCaledon)

Michael S Ras

Vice President Public Affairs

GCI Group

Retreat April 74)

John Davidson Director

Economic Development Regional Municipality of Halton

CTAEDP Representative

George Hanus President 8c CEO

GreaterToronto Marketing Alliance

COMPENSATION COMMITTEE

MayorDavid Ryan Co-chair

Public Sector

Region of Durham (City of Pickering)

George Hanus President amp CEO GTMA Board Members (l-r) Doo(dmonds Partner Private Company Serbull

vicesPricewaterhouseCoopers IIPMayor DavidRyan Regionof Durham GreaterToronto Cityof PicketingandPaulCreenDirector Public O Government Affairs and

Customer Ombudsman fnbiidgeCatDistributionslneengagedduingtheMarketing Alliance CTMA Board Stakeholder Retreat (April 14)

NOMINATING AND GOVERNANCE COMMITTEE

DonMacintosh(Chair) Partner

Fraser MilnerCasgrain LLP

George Hanus President amp CEO GreaterToronto Marketing Alliance

John Howe Vice President

Investment Strategy and Project Evaluation Metrolinx

Toby CD Lennox Vice President

CorporateAffairs and Communications

Greater Toronto Airports Authority

Lou Milrad

Co-chair

Private Sector

GreaterToronto Marketing Alliance

Lou Milrad

Co-chair

Private Sector

Greater Toronto Marketing Alliance

MayorDavidRyan Co-chair

Public Sector

Region of Durham (City of Pickering)

Mayor Steve Pellegrini Region ofYork (Township ofKing)

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg

THE GREATERTORONTO MARKETING ALLIANCE (GTMA)

TheGTMA is leadmarketing agency for the GreaterToronto Area (GTA) and the key pointofcontact for foreign direct investment (FDI) inthe GTA

TneCTMA extends its heartfelt appreciation to all its dedicated interns and volunteers vho have greatly helpedadvance the foreign direct investment mandate

Top rowleft - right Caroline Robertson Executive Secretary Er Office ManagerCeraldPisariovsU VicePresident Busi ness Development Michelle Cortei ManagerPro gram DevelopmentJoe Kevens ManagerBusiness DevelopmentFront rowleft - rightCeorgcHanus President O CEO lou MilradChairTonyRomano Director CorporateAffairs

WHO WE ARE

TheGTMA a public-private partnership has served as the key pointof contact forcompaniesexploring various opportunities in the GreaterToronto Area Thepartnership brings together the 29 municipalities and regions in GTA the governments ofOntario andCanada several not-for-profit organizations col leges and universities and a broadcrosssectionof private sector corporations

GTMA business information and site selection services are fully confidential and provided at no cost Investors working with the GTMA receive support and expert guidance from human resource consultants financial and legal advisors and commercialindustrial real estate professionals They also benefit from key contacts with corporate executives and senior government officials By providing all-encompassing services to investors the GTMA helps facilitate investment in the GTA and ensures the region is positioned internationally as a preferred business location

OUR MISSION

To expand the economyof the Greater Toronto Area by raising the profile of the region internationally to attract new investment and employment

OURVISION

To be recognized as the primary marketing voice for attracting international investment and employment to the Greater Toronto Area

WHO BENEFITS

TheGTMA has helped secure investments that have brought thousands of jobs and hundreds of millions of dollars inactivityto the GTA since 1997 All ofour partnershaveshared in the benefits These returns willcontinue to grow as further investments now in planningand negotiation stages come to fruition

EmasnammEi

350 BayStreet Suite 1200 Toronto ON Canada

M5H 2S6

Tel 4163607320

Fax 4163607331

North America

18004114482

International

18007353280

wwwgreatertorontoorg

askusgreatertorontoorg