Minister Micheál Martin Opens New Enterprise Ireland Office in Toronto, Canada

Micheál Martin, T.D., Minister for Enterprise, Trade and Employment today (Tuesday, 17 October 2006) officially opened Enterprise Irelands 35^th overseas offices in Toronto, Canada.

Making the announcement the Minister said “The Canadian market, with a population of over 32 million, presents a vast market opportunity for Irish firms. Canada is currently the 11^th most important export market for Enterprise Ireland client firms. The opening of an Enterprise Ireland office in Toronto signals Enterprise Irelands commitment to assisting Irish firms to develop stronger business relationships and to increase Irish trade with Canada”.

“There is potential to increase Irish exports and develop partnerships between Irish and Canadian firms in knowledge-intensive sectors such as ICT, biotechnology and financial services” the Minister said.

Speaking at the official opening, Nick Marmion, Canada Manager, Enterprise Ireland said ”Enterprise Ireland will continue to fortify Irish industry’s relationship with Canadian businesses. The strength and value of deals emerging from this week’s Trade Mission is indicative of the future potential to increase trade with Canada”.

“Irish companies doing business in Canada are likely to engage in strategic alliances, partnerships and licensing agreements with Canadian firms, as well as selling directly into the market. Enterprise Irelands Toronto offices provides a targeted knowledge offer for Irish companies expanding into the Canadian market or growing their business there” he said.

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