THIS MONTH'S HIGHLIGHTS
Ontario’s automotive industry is on the cusp of a boom period. With electric vehicles (EVs) likely to increase their global market share through a 1200% increase in sales over the next 10 years—from 2.5 million vehicles today to an estimated 31.1 million in 2030—Ontario’s world-class automotive ecosystem positions the province as an ideal base for production.
From talent to the business environment, Ontario offers ample opportunity to deliver automotive excellence and to do so profitably.
SkyX founder and CEO Didi Horn spent nearly a decade in the Israeli Air Force, most of it as a drone pilot. While military drone technology seemed to be nearing its peak, Horn saw an opportunity to raise the bar in the civilian market. He chose Woodbridge, Ontario to launch SkyX.
Ontario’s diverse landscapes and varied climates made it the ideal location for SkyX to develop their technologies. But it was the talent, support, and opportunity that Ontario provided that has kept this global innovator headquartered in the province.
Learn about SkyX’s near-limitless runway.
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.
It wasn’t just Borden’s size that attracted Newmont: Ontario offered the world’s largest gold mining company a number of critical advantages, starting with access to expertise in all aspects of underground mining. From manufacturing to energy production, Ontario has all the necessary components in the supply chain for mining companies to succeed.
Ontario is home to a thriving biotechnology sector, with an abundance of top institutions, researchers, developers and manufacturers.
The province is a cornerstone for research in cancer, neuroscience, stem cells, gene therapy and clinical trials. Some of the most promising biotechnology companies are located within Ontario.
Read more about the top 12 biotech organizations to watch in Ontario this year.
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