The world’s largest tech event is transitioning from Toronto to Vancouver. Toronto has been the home of Collision for a number of years, bringing the tech community together on a global scale.
“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. 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.
We are now in four continents and have every intention to bring something to Africa very soon, as we continue our ambition to connect the tech world and build meaningful and lasting communities around the world.”
– Paddy Cosgrave, founder and CEO of Web Summit.
There’s no doubt that Collision impact has been huge in Canada’s tech ecosystem. According to Collision the conference brought in a whopping CA$189 million in economic impact to Toronto over its last three in-person events (2019, 2022, 2023), and is projected to bring CA$77 million in economic impact next week.
Moving the conference to Vancouver is a new beginning. Collision mentioned that Destination Vancouver anticipates that Web Summit Vancouver will generate CA$172 million in direct spending and CA$279 million in overall economic impact for British Columbia over three years. Web Summit’s direct economic impact can be worth €200 million annually in cities such as Lisbon, where it hosts its flagship event.
This will be a great opportunity for Vancouver to attract more founders and companies to the city.
