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
spotlightsLG Energy Solution & Stellantis invest historic $5B+ to build Ontario, Canada’s first ever GigafactoryLG Energy Solution (LGES) and Stellantis have partnered to open Ontario, Canada’s first major electric vehicle (EV) battery plant. spotlightsHonda moves toward electrification with $1.4B investment in Ontario, CanadaIndustry giant Honda Canada Inc. has announced a $1.4 billion investment in their award-winning Alliston plants located in Ontario, Canada as a next step in their pathway to… spotlightsKingston, Ontario—your destination for businessAnchored by multinational giants, homegrown successes and high-growth startups with top talent, Kingston, Ontario, is an ideal location for business success. Press ReleaseInvest Ontario Appoints CEOOn behalf of Invest Ontario’s Board of Directors, Chair Elyse Allan announced the appointment of Trevor Dauphinee as Chief Executive Officer. Press ReleaseOntario, Canada, invests in clean steelmaking technology to support future of auto sectorOntario, Canada, invests in clean steelmaking technology to support sustainable auto sector. success storiesUniversity of Toronto AV researchers take on winterAutonomous Driving in Adverse Conditions – WinTOR for short -- which aims to teach self-driving cars how to handle whatever winter throws their way. success storiesIrish fintech startup Swoop has landed in Ontario's flourishing entrepreneurial ecosystemSince launching in Ontario, Swoop Canada has struck a chord, building up its Canadian client base to over 500 companies, and is looking at tripling its team within 12 months. “… spotlightsSite selectors look no further: Ontario’s one-stop source for industrial propertiesProviding comprehensive and complete information about pre-qualified industrial properties. spotlightsAI rock star Raquel Urtasun talks about leadership in the self-driving spaceToronto, Ontario provided the perfect climate for AI innovation spotlightsTimmins, Ontario: a city of opportunityTimmins, Ontario: a city of opportunity. Learn more about this welcoming northeastern Ontario community where resources innovation meets economic diversity and a great quality of… spotlightsFall investment roundup 2021Location, talent, economic strength and quality of life—you name it, we have it. See why companies around the world are choosing to invest in Ontario. spotlightsBillennium charts growth course in OntarioBillennium charts growth course in Ontario. Ontario’s Investment Services Team works with Polish IT services company.
