Finance Minister Jorge Quiroz closed his North American tour with a presentation before some 500 representatives of the business and financial community gathered in Toronto, Canada, as part of Chile Day, an event at which he presented the Government's economic agenda to recover growth, strengthen investment, and generate new development opportunities for the country.

The event achieved record attendance, according to InBest records, cementing Toronto as a key dialogue forum between Chile and one of its primary investment partners globally.

During his presentation, the minister reaffirmed that the Government has a clear diagnosis of the causes of the economic stagnation the country has faced in recent years. "There is no mystery: we are applying a tax on growth. We have uncompetitive corporate tax rates, clearly excessive bureaucracy, and state capture by special interest groups," he stated.

The minister underscored that one of the principal objectives of the economic agenda is to restore conditions for the private sector to lead the recovery of investment and growth. "We must decisively restore creative freedom to the private sector. The private sector invents, creates new businesses, brings ideas from one country to another, combines them, and we must allow that process to occur. When we do, things work," he noted.

In his remarks, the minister also highlighted that one of the most innovative measures in the National Reconstruction and Economic Development and Social Progress bill is the creation of a tax stability guarantee for investments exceeding US$ 50 million. The initiative seeks to provide long-term certainty, ensuring that the conditions under which an investment is made will remain in place during the period in which its returns are expected, regardless of political cycles. "Those who invest in Chile under this government will have long-term certainty. That is not a slogan: it is a legal guarantee," he emphasized.

After addressing the principal measures of the bill currently under discussion in Congress and signals of investment recovery, the minister closed his remarks with an invitation to international investors: "Chile has all the conditions to return to growth: solid institutions, world-class natural resources, human capital, and clear rules of the game. I invite you to be part of that," he affirmed.

He also reinforced that the Government is advancing decisively on an agenda oriented toward recovering the country's economic dynamism. "The private sector, with all its creative energy, has in Chile a country that today opens its doors to it," he added.

The Finance Minister's agenda in Toronto included, in addition to his participation in Chile Day, meetings with representatives of public and private entities of global relevance in the economic and financial sphere.