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In 2016, when Newmont announced that it would build the world’s first all-electric underground gold mine near Borden Lake in Northern Ontario, the global mining industry took notice.

Ontario is home to a thriving biotechnology sector, with an abundance of top institutions, researchers, developers and manufacturers.

When the pandemic hit, catching the world off guard and causing drug manufacturers to scramble, Novocol Pharma president, Atif Zia, thought to himself, I know we can be more helpful.

When Roche Canada colleagues saw the opportunity to establish a centre of excellence (CoE) for artificial intelligence, they knew the best home would be in Canada.

When Toronto’s Dr. Kamran Khan opened a file on December 31, 2019, that showed an unusual cluster of pneumonia cases in Wuhan, China, he let out an audible gasp.

Ontario has become a true hub for artificial intelligence, not just in Canada, but worldwide and the province’s reputation as a global leader in AI is growing.

Despite the pandemic, Toronto’s technology sector keeps on growing. The city is a booming technological hub, boasting a strong talent pipeline that attracts tech companies worldwide. Here are seven big-name businesses that have decided to open new offices in Canada’s largest city.

SkyX provides solutions for autonomous, long-range Remotely Piloted Aircraft Systems (RPAS) (or drones) to collect bird’s-eye view aerial data for companies in sectors like oil and gas. Using drones to continuously monitor remote assets like pipelines is more efficient and provides data that can’t be gathered by traditional methods.

Canada ranks second in A.T. Kearney’s annual Foreign Direct Investment (FDI) Confidence Index for 2021, a jump from ranking third in 2019. Although business leaders are relatively less confident about the outlook for the global economy in the fallout of the COVID-19 pandemic, they remain highly optimistic towards Canada’s economic prospects, proving Canada’s unrelenting strength in today’s global economy.

Filled with some of the brightest minds in the industry, Collision wasn’t just another tech conference for Kayan Health.

This is the first time Canada has claimed the top spot in the yearly ranking, having spent several years in the second and third positions. Highlighted in the 2021 report is that Canada ranked first in sub-rankings, including quality of life and social purpose, meaning that it is seen as “a stable and safe society in which individuals [and business] can develop and prosper, and is open, fair and equitable.”

Waterloo’s growing IT cluster is leading the charge in tech innovation in Ontario, Canada. Waterloo is a tech hotspot, home to IT giants, STEM graduates, R&D centres and top-tier research institutions.