More than 300 business, political, and community leaders from around the state are gathering in Buffalo today and tomorrow, for the Accelerate Upstate conference.
They’re looking to develop the ideas and relationships that will open a new chapter for western New York’s economy. But the focus on day one wasn’t New York.
It was Canada.
“Canada is open for business”
From a business standpoint, western New Yorkers ignore Canada at their peril, says Kevin Johnson, U.S. Consul General.
“The Canadian dollar is strong, meaning their purchase power is strong. Canadian unemployment is lower because of their welfare state. An unemployed Canadian still has more purchasing power than an unemployed American in many parts of the United States,” Johnson says. “I think the single biggest thing is to say that Canada is open for business. It’s a place where you can look to invest, to sell and to buy things.”
To read the full, original article click on this link: Accelerate Upstate looks north to Canada for New York's economy | Innovation Trail
Author:Daniel Robison
