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Ontario attracted 20% more projects in 2018, maintaining its position as the #1 Canadian province for FDI

fDi Intelligence’s annual FDI Report: Global greenfield investment trends is the most comprehensive source for tracking and analysis of greenfield foreign direct investment (FDI). This year’s report profiles a recovery in greenfield FDI by number of projects, capital investment and job creation following a decline in 2017.

Ontario remains the top Canadian province for FDI in 2018 and third in North America, retaining 7% of the market share of all FDI projects. The province attracted 20% more projects in 2018, accounting for nearly half of the nation’s 138 recorded. The total number of projects into Canada increased from 259 in 2017 to 315 in 2018.

FDI Projects into North America in 2018
State/Province Number of FDI Projects North American Market Share
California 222 11.7%
New York 177 9.3%
Ontario 138 7.3%
Texas 130 6.9%
Florida 86 4.5%
Source: fDi Markets

Proving that Ontario is open for business, the province captured $5.8 billion in total foreign direct investment, five per cent of the North American market, ahead of California, New York and Florida.

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