For the first time since 2019, representatives of the Bermuda Business Development Agency will travel to Toronto this week to promote the island’s business development opportunities with strategic partners in Canada.

David Hart, BDA CEO, and Stephen Weinstein, BDA chairman will represent Bermuda during a series of business development meetings focusing on a wide range of sectors including climate risk finance, technology, asset management, high net-worth services, and infrastructure, the organisation said.

The BDA representatives will be in Canada’s largest city from Wednesday through Friday.

Mr Hart said they will “promote the benefits of investing in and doing business with Bermuda, including our safety, stability, and high-quality regulatory environment.

“Ten targeted meetings are set in the calendar, including with representatives from risk and insurance, private equity, legal services, and technology.

“As Canadians are about to enter the cooler autumn months, we will also take the opportunity to highlight Bermuda’s ongoing Economic Investment Certificate initiative.”

He added: “These overseas business development missions not only allow us to tell the Bermuda story in a way that only we can, but also puts potential prospects in touch with the BDA’s comprehensive concierge service, ensuring new businesses experience as smooth an entry as possible into Bermuda.

“The BDA’s continued mandate is to diversify and grow Bermuda’s economy and we serve as a vital touch point between new market entrants and Bermuda’s experienced service providers.”