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. Subscribe to discover why Ontario continues to be a top destination for FDI
Press ReleaseInvest Ontario Board of Directors Appoints Interim CEOOn behalf of the Board of Directors, Chairwoman Elyse Allan is pleased to announce the appointment of Trevor Dauphinee as Invest Ontario’s interim CEO. spotlightsOntario Cities Lead the Way in the 2021 Business Facilities ReportBusiness Facilities magazine recently released its 2021 Metro and Global Rankings Reports, and Ontario cities rank highly on numerous lists. Business Facilities is a leading full-… spotlights5 reasons to build electric vehicles and batteries in OntarioThe province’s business, talent, and energy landscape will keep costs down for automotive innovators and producers. 10 Reasons to think OntarioThe Innovation Age isn’t just about harnessing the power of advanced technologies to rewire the way businesses operate. It’s about people breaking free from the bonds of the… spotlightsCanada rises to 2nd place in Kearney’s Foreign Direct Investment Confidence IndexCanada 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… spotlightsCanada takes 1st place in 2021 Best Countries ReportThis 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… spotlightsThe age of innovation in Ontario, CanadaThere is no doubt that the COVID-19 pandemic has forced the global marketplace to innovate, accelerate and respond resourcefully—including in my home province of Ontario, Canada.… spotlightsToronto, Ontario ranks high among Global Cities of the FutureCanada’s largest city was recognized for economic potential, business friendliness and human capital and lifestyle. success storiesToronto’s newest online cremation service Eirene is disrupting the funeral industryLet’s face it, end-of-life planning is scary. But it doesn’t have to be, according to Mallory Greene, co-founder and CEO of Eirene, one of Ontario’s most riveting new startups. Press ReleaseOntario, Canada Appoints Board of Directors for Province’s new Investment Attraction Agency Invest OntarioThe Ontario government has appointed the first members to the Board of Directors of Invest Ontario, the new provincial agency focused on promoting the province as a key… spotlightsWhere is the future hub for battery electric vehicles? Greater SudburyWelcome to Invest in Ontario’s latest in a series of regional spotlights showcasing the diverse municipalities spread across our province. Each month we post a feature… spotlightsThe next chapter of Ontario-Japan business will ride the new wave of innovationOntario’s representative in Japan, David Perdue gives his take on how innovation is the key to Ontario and Japan’s growing relationship, especially in the wake of COVID-19.
