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Economic Development

Murphy to Lead Economic Mission to Canada

Gov. Phil Murphy will lead a delegation of industry leaders and state representatives on a four-day, three-city economic mission trip to Canada from Sept. 7 to Sept. 19. Organized by Choose New Jersey, the delegation is set to visit Ottawa, Toronto, and Montreal. The trip will focus on strengthening New Jersey’s ties with Canada while cultivating partnerships and international investment opportunities in sectors such as film and technology.

The delegation will include First Lady Tammy Murphy, Choose New Jersey President & CEO Wesley Mathews, and New Jersey Economic Development Authority Chief Executive Officer Tim Sullivan.

“Our efforts to bolster New Jersey’s thriving film and fintech industries must extend beyond both state lines and national borders. It is only fitting that we deepen our economic ties with Canada while exploring new opportunities to solidify our status as a global leader in these fields,” Murphy said. “I look forward to engaging with Canadian officials and industry leaders to showcase the opportunity that is ripe within our state.”

“We are excited to embark on this economic mission to Canada to highlight New Jersey’s value proposition as the best place for businesses and families,” said Wesley Mathews, president and CEO of Choose New Jersey. “This mission underscores our commitment to fostering international partnerships and attracting global businesses to our state.”

According to the US Department of Commerce, Canada was New Jersey’s largest foreign market last year, with the state exporting $8.8 billion in goods to the country in 2023, representing 20% of the state’s total goods exports. Conversely, New Jersey imported $8.9 billion worth of goods from Canada last year.

To access more business news, visit NJB News Now.

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