The fiscal year for 2006/2007 was the biggest year in the history of Trade Centre Limited bringing in $169.8 million in direct spending. This brought the total direct spending alone to over $1 billion dollars since 1995.

“This was a significant year for TCL because our business strategy focused upon attracting the lucrative national and international visitors who individually spend hundreds of dollars per day when visiting Halifax and Nova Scotia,” says Fred MacGillivray, President and CEO of Trade Centre Limited. “With our aging facilities pushed to capacity the costs of keeping this economic momentum going will be a big challenge due to the increasing need for renovations and the demand from event organizers for more space - it’s time for expansion of the facilities as Ottawa has recently begun with its Congress Centre.”

Trade Centre Limited works in partnership with private sector, non-profit and government organizations to bring economic benefits to Nova Scotia. The nature of convention centres is economic benefits for the private sector businesses and organizations such as hotels, restaurants, transportation, entertainment, and heritage and cultural attractions. Convention Centres themselves are not in the business of revenue generation, but creating economic benefits.

"TCL has seen great success over the past year," said Stephen Lund, President and CEO of Nova Scotia Business Inc. "We applaud them for their work in helping to drive the economic growth of our province through their activities, including the recent Risk and Insurance Management Society of Canada conference."

The recent RIMS conference is an example of what national delegates bring to the community; 900 hotel rooms, 1600 visitors, spending over $1 million in Halifax during a period of 4.5 days.

In order to continue bringing large scale conferences to the region, Trade Centre Limited is presently completing its 5-year strategic plan that includes a goal towards expanding the facilities to ensure Nova Scotia grows its lucrative events and conventions business, a significant sector of the tourism industry.  

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Media Contact:
Barb Stegemann
Communications Manager
Trade Centre Limited
Tel: 421-1302 ext 127
tradecentrelimited.com