TORONTO, June 5, 2018 /CNW Telbec/ - Richter is pleased to embark on an exciting new partnership with the World Trade Centre Toronto (WTC-T), supporting its Market Activation Program (MAP). With this partnership, Richter will lend its expertise to business owners and entrepreneurs in the Greater Toronto Area that are leveraging WTC-T's resources and reach to develop their businesses internationally. Through MAP, businesses are able to participate in outbound trade missions to learn more about specific local markets, and meet with potential suppliers, vendors or partners on the ground, to help them go global strategically and seamlessly.
"So many Canadian businesses are in a prime position to expand globally," says Richter Tax Partner and Chief Economist, David Hogan. "WTC-T's MAP is helping them do this strategically. We at Richter are proud to be working with the World Trade Centre Toronto to help business owners prepare for their growth by providing audit, tax and consulting expertise as it relates to international expansion; so they can go forward in the most financially efficient manner."
"We are proud to have Richter join our Market Activation Program as a foundational partner," said Leigh Smout, Executive Director, World Trade Centre Toronto. "Richter's holistic approach supporting business through tailored solutions will help Toronto region companies reach new markets and grow their business, especially when navigating the challenges of cross-border trade."
Richter will be assisting MAP participants in their corporate structuring and financial strategy to optimize taxes, tariffs and working capital when venturing abroad; will counsel on compliance and regulatory obligations for Canadian firms trading internationally; and will help businesses understand the implications of setting up an overseas branch, subsidiary, or partnering internationally.
About Richter: Richter accompanies business owners and their families throughout their financial journey. Founded in Montreal in 1926, Richter offers its clients complete beginning-to-end business advisory expertise. Going beyond the traditional siloed approach to client service, Richter's professionals collaborate, working in tandem to produce results that help clients thrive, regardless of their market or industry. Building on a legacy that has excelled for over 90 years, Richter now has 60 partners and 500 team members practicing in areas from accounting, tax and wealth management, to restructuring and insolvency, litigation support, valuation, risk management and cybersecurity. Richter has offices in Toronto, Montreal, and Chicago. Richter.ca, LinkedIn, Facebook, and Twitter.
About the World Trade Centre Toronto: The World Trade Centre Toronto (WTC-T) is the trade services arm of the Toronto Region Board of Trade. As a member of the World Trade Centers Association, WTC-T creates unparalleled global access for the Toronto region's business community with its connection to 317 branded properties and trade services associations in 88 countries. WTC-T provides targeted international trade advisory services and expertise through comprehensive research, trade education, strategy building workshops, outbound and inbound trade missions and valuable connections to experts and networks. WTC-T has created three programs to provide end-to-end knowledge and support for businesses interested in expanding their global reach: International Trade 101, Canada's Trade Accelerator Program (TAP) and a Market Activation Program (MAP). To learn more about World Trade Centre Toronto, please contact us at [email protected].
For further information: Media inquiries: Elpi Klapas, Director, Marketing, Richter, 416-488-2345, [email protected]; Matthew Kofsky, Senior Manager, Public Affairs and Stakeholder Relations, Toronto Region Board of Trade, 416-862-4558, [email protected]