Tech conference that has resulted in nearly $200M in economic impact for Toronto won’t return in 2025
Prime Minister Justin Trudeau participates in an armchair discussion with founder and CEO of BroadbandTV Corp. Shahrfad Rafaiti at the Collision and Web Summit in Toronto on Monday, May 20, 2019. THE CANADIAN PRESS/Chris Young
Next week's Collision technology conference in Toronto will be the final one.
Web Summit, which runs the travelling conference, has announced that it will launch a new North American flagship event in Vancouver next year.
"Web Summit Vancouver will take over from Collision in Toronto, which became the fastest-growing technology event in North America. The new event will continue the company's mission to support and connect the global technology ecosystem," the company said in a news release Wednesday.
Collision, which showcases startups and business heavyweights, has been held in Toronto since 2019. According to Web Summit, Collision brought $189 million in economic impact to Toronto during its in-person events in 2019, 2022, and 2023. Due to the COVID-19 pandemic, the event was hosted online in 2020 and 2021.
Web Summit said next week's conference is projected to bring $77 million in economic impact to the city with more than 40,000 tech entrepreneurs from over 130 countries expected to attend.
Prime Minister Justin Trudeau and actor and cannabis entrepreneur Seth Rogen are some of the notable featured speakers from past years.
"The time has come to transition Collision into Web Summit. We have had the most incredible time in Toronto and are looking forward to continuing our Canadian journey in Vancouver," said Paddy Cosgrave, the founder and CEO of Web Summit.
The company cited the growing tech sector in Vancouver as one of the reasons why it is launching the new event there.
"We can't wait to gather the tech world and take over the city next year. Vancouver is one of the most beautiful cities with a flourishing tech community that connects the Americas, Asia and the West Coast."
Andrew Weir, the president and CEO of Destination Toronto, called Collision a Toronto success story.
“We are looking forward to a successful Collision next week with tens of thousands of attendees and a celebration of Toronto as a tech powerhouse, as we pass the torch for this particular event to Vancouver,” Weir said in a statement.
He added: “Our community is focused on attracting new events that stimulate visitation, investment and talent attraction as essential economic catalysts,” noting that Consensus, a crypto-centric conference, will be held in Toronto for the first time next year.
With files from The Canadian Press
CTVNews.ca Top Stories
U.S. presidential historian predicts results of November elections. Here's who he says will win
An American presidential historian is predicting a Kamala Harris presidency as the outcome of the upcoming U.S. elections in November.
Buyers say they lost life savings to a Saskatchewan company selling luxury vacation condos
In 2022, Tanya Frisk-Welburn and her husband bought what they hoped would be a dream home in Mexico.
NDP MPs embrace distance from 'radioactive' Trudeau brand, as Singh convenes caucus in Montreal
Just days after demolishing his deal with Justin Trudeau’s Liberals, NDP Leader Jagmeet Singh is holding a three-day strategy session with his MPs in Montreal, where his MPs are embracing their new-found distance from what one called Prime Minister Justin Trudeau's 'radioactive' brand.
Judge reserves decision on Hoggard bail attempt as singer seeks SCOC leave to appeal
A justice with Ontario's Appeal Court has reserved her decision on whether Canadian musician Jacob Hoggard should get bail as he tries to appeal his sexual assault conviction at the country's top court.
Canadian fast food chains create value menus to win back customers
Canada’s restaurant industry is in a slump as money conscious consumers are eating out less and spending less when they do go out.
Forgotten Cheetos snack bag can have 'world-changing' impact, U.S. national park says
A U.S. national park is cautioning tourists about how a small bag of Cheetos could have an enormous impact.
As warming threatens polar bear tourism, a Canadian town adapts and thrives
Change has broken, remade and continues to reshape this remote town where tundra meets forest on the shore of Hudson Bay.
'Blown away by your kindness': Meredith Gaudreau thanks Calgary in heartfelt eulogy
Meredith Gaudreau, Johnny Gaudreau’s widow, gave a sincere thank you to Calgary for the outpouring of support for her and the Gaudreau family.
Canadian court approves Red Lobster restructuring plan, company will exit bankruptcy
A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy.
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
Montreal
-
Nearly half of Canadians want federal election after NDP-Liberal agreement ends, poll suggests
Following the announcement of the end of the NDP-Liberal confidence and supply agreement, a new national survey reveals that 47 per cent of Canadians would support calling a federal election to be called, while only 34 per cent would prefer not to.
-
CAQ still hasn't fulfilled promise to create 37,000 daycare spots
Francois Legault's government is far from its commitment to create 37,000 subsidized daycare spaces by March of next year.
-
NDP MPs embrace distance from 'radioactive' Trudeau brand, as Singh convenes caucus in Montreal
Just days after demolishing his deal with Justin Trudeau’s Liberals, NDP Leader Jagmeet Singh is holding a three-day strategy session with his MPs in Montreal, where his MPs are embracing their new-found distance from what one called Prime Minister Justin Trudeau's 'radioactive' brand.
Ottawa
-
Lawsuit alleges Ottawa police wiretapped, surveilled five Black officers of Somali descent
A $2.5 million lawsuit alleges Ottawa police wiretapped and surveilled five of its own Black, Somali officers, hasn't told them why and accuses the service of being an institution "rife with racism and discrimination that over-polices the racialized communities it has pledged to protect."
-
'A lot closer than we were': Senators owner provides update on talks for new arena at LeBreton Flats
Ottawa Senators owner Michael Andlauer admits there's been "more hurdles than meets the eyes" in talks to build a new arena at LeBreton Flats, with the clock ticking towards the deadline to finalize a deal.
-
O-Train service resumes after 'technical issue with cameras'
The O-Train was out of service for more than an hour Tuesday morning "due to a technical issue with cameras on the trains," according to OC Transpo. Full train service resumed just after 8 a.m.
Northern Ontario
-
Video shows tornado moving ashore in northern Ontario
A beautiful Labour Day weekend at the lake was interrupted by some extreme weather when a tornado touched down in northern Ontario.
-
Hunt widens for man who allegedly threw scalding coffee on baby
A man wanted for allegedly throwing scalding coffee on a baby in an unprovoked attack at a park in the northern Australian state of Queensland is now the subject of an international manhunt.
-
Buyers say they lost life savings to a Saskatchewan company selling luxury vacation condos
In 2022, Tanya Frisk-Welburn and her husband bought what they hoped would be a dream home in Mexico.
Kitchener
-
Kitchener, Ont. woman says puppy was stolen during break-in
A Kitchener, Ont. woman is pleading for the return of her puppy, an eight-month-old French Bulldog named Sanchi.
-
Traffic stop in Waterloo ends with seizure of 200+ guns
Police have seized over 200 firearms as part of a weapons investigation that began in Waterloo.
-
Three people charged with forcible confinement in connection with Guelph home invasion
On July 24 around 1:35 p.m., a man and woman were sleeping in their apartment on Woolwich Street when three people with their faces covered by bandanas entered, police said.
London
-
Sarnia dump truck driver charged following crash
Officers responded to the area of Scott Road and St. Andrew Street after a dump truck ended up in a ditch.
-
Roads around Western University remain closed amid support staff strike
The school asks that motorists who do not have a specific reason to be on or around main campus, to avoid the area. About 330 members are on strike after two days of talks with an external mediator came to an end just before Labour Day.
-
London Sports Hall of Fame Class of 2024
Five different sports are represented in the London Sports Hall of Fame class of 2024.
Windsor
-
Arrests increase 38% in Glengarry neighbourhood
Windsor police say violent crime is down in the Glengarry neighbourhood after launching a police initiative last month.
-
Wild boar jaw discovered at waterfront
Construction at the Legacy Beacon Streetcar project has unearthed the bottom jawbone of a boar.
-
Motorcyclist with life-threatening injuries taken to hospital by friends
Chatham-Kent police say a 25-year-old motorcyclist was taken to hospital by friends after a crash in Camden Township.
Barrie
-
Bears in schoolyard force students and staff into 2nd hold and secure this week
A Huntsville elementary school is locked down for the second time this week because of some bears roaming the schoolyard.
-
One person dies in multi-vehicle collision in Bolton
Emergency crews responded to a multi-vehicle collision in Bolton Tuesday morning that claimed the life of one person.
-
Opioid Crisis Alert issued after 8 drug overdoses
Eight people overdosed, including one fatality during the past week in Grey Bruce County.
Winnipeg
-
As warming threatens polar bear tourism, a Canadian town adapts and thrives
Change has broken, remade and continues to reshape this remote town where tundra meets forest on the shore of Hudson Bay.
-
‘It’s a mistake’: Downtown housing complex slated for demolition
Winnipeg's Centre Village social housing complex will face the wrecking ball less than 15 years after it was built.
-
'Stagnant' weather pattern doing little to break up wildfire smoke in Manitoba
Warm temperatures and light winds won't do much to alleviate wildfire smoke Tuesday in a portion of Manitoba, Environment and Climate Change Canada (ECCC) said.
Atlantic
-
Frost Advisories issued in New Brunswick; Tropical Storm Francine update
Some parts of New Brunswick have Frost Advisories in effect.
-
Elsipogtog First Nation man dead after N.B. RCMP shooting, SiRT investigating
An investigation is underway after a man was shot and killed by RCMP in Elsipogtog First Nation, N.B.
-
Summerside police seek man, woman who stole rings worth $25K from jewelry store
Police in Summerside, P.E.I., are trying to track down two people suspected of stealing two rings worth a total of $25,000 from a jewelry store in the County Fair Mall.
N.L.
-
Newfoundland and Labrador monitoring rise in whooping cough cases: medical officer
Newfoundland and Labrador's chief medical officer is monitoring the rise of whooping cough infections across the province as cases of the highly contagious disease continue to grow across Canada.
-
Dispute over unrecognized Inuit group halts major conference for Canadian North
A 16-year-old biennial event aimed at fostering business in the country's eastern Arctic and northern regions has been cancelled indefinitely as a dispute unfolds between Inuit in Canada and a Labrador group claiming to share their heritage.
-
Cow cuddling: Why a Newfoundland farm is offering quality time with these 'gentle creatures'
Jim Lester’s farm hopped on the cow-cuddling trend in early August, and his time slots have been pretty well sold out ever since.
Edmonton
-
Premier mulls reinstatement of controversial MLA booted from UCP caucus
An Alberta MLA banned from the UCP caucus last year for comments comparing transgender youth to feces could soon be back in the ruling Alberta party's fold.
-
Alberta senior in custody after allegedly luring children with candy, sexually assaulting them
A Red Deer senior is in custody for allegedly luring children into his apartment with candy.
-
Oilers, Canucks alumni to play charity game in Fort McMurray
Former Edmonton Oiler Craig MacTavish will be returning to the ice for a charity game against Vancouver Canucks alumni in Fort McMurray in October.
Calgary
-
Calgary eatery named among best new restaurants in Canada
A Calgary restaurant has been nominated as one of the best new dining spots in Canada.
-
165 hectares of trees will be cut down in Banff National Park
Parks Canada says work is expected to begin later this fall on two projects aimed at mitigating wildfire risk in Banff National Park.
-
Calgary's water use drops, residents able to collect rainwater
Some overnight rain in Calgary brought relief to residents worried about their gardens and lawns as well as city officials concerned about the strain on the city's water system.
Regina
-
Drug toxicity deaths in Sask. seemingly on course to match record set in 2023
Saskatchewan's overdose crisis is tragically on par with last year's record breaking total, with more than 200 people having lost their lives to accidental overdoses in the first seven months of the year.
-
Buyers say they lost life savings to a Saskatchewan company selling luxury vacation condos
In 2022, Tanya Frisk-Welburn and her husband bought what they hoped would be a dream home in Mexico.
-
Sask. First Nations celebrate 150th anniversary of Treaty 4 signing
For the next week, hundreds of people from many First Nations in Saskatchewan will be coming together for the 150th anniversary of the signing of Treaty 4.
Saskatoon
-
Buyers say they lost life savings to a Saskatchewan company selling luxury vacation condos
In 2022, Tanya Frisk-Welburn and her husband bought what they hoped would be a dream home in Mexico.
-
Sask. education minister responds to incident of student being lit on fire
Saskatchewan's Education minister says the incident at a Saskatoon school where a student was set on fire is "horrible," but could have been worse.
-
Back to his roots, Saskatchewan hockey player recognized for grassroots contributions
From Gordie Howe to Hayley Wickenheiser and everyone in between, Saskatchewan has produced some hockey greats over the years.
Vancouver
-
7-Eleven ordered to pay B.C. woman $907K for pothole injury
A British Columbia Supreme Court judge has ordered 7-Eleven Canada to pay a woman more than $900,000 in damages after she tripped on a pothole and broke her ankle in the parking lot of a convenience store.
-
B.C.'s second-largest city requesting charter to expand local powers
The second-largest city in British Columbia will ask the provincial government for a municipal charter – which would dramatically expand local powers – following a unanimous city council vote Monday.
-
Police union calls for 'fulsome public safety plan' in B.C. ahead of provincial vote
The national union for RCMP officers is seeking to make public safety and bail reform a British Columbia election issue after repeat offenders were arrested for violent crimes, including a pair of gruesome attacks in downtown Vancouver last week.
Vancouver Island
-
7-Eleven ordered to pay B.C. woman $907K for pothole injury
A British Columbia Supreme Court judge has ordered 7-Eleven Canada to pay a woman more than $900,000 in damages after she tripped on a pothole and broke her ankle in the parking lot of a convenience store.
-
2 hospitalized, suspects sought after 'extreme case of road rage' in B.C.: RCMP
Mounties in B.C.'s Lower Mainland are searching for two people allegedly responsible for a road rage incident that sent a couple to hospital with serious injuries, saying the suspects could be in another province.
-
BC United sources leak 'extremism' file on B.C. Conservative director
Sources in the Official Opposition BC United party have leaked a file on the "extremism" of the B.C. Conservatives' executive director, Angelo Isidorou, less than two weeks after the parties' leaders announced a deal to work together.
