Awards and Rankings

Ontario cities are leading the future, recognized as prime investment locations in North America.

CBRE recognizes Toronto, Ottawa and Waterloo as key tech talent destinations among 50 North American markets.

Business 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-service media brand specializing in the site selection marketplace.

The province’s business, talent, and energy landscape will keep costs down for automotive innovators and producers.

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.

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.”

Canada’s largest city was recognized for economic potential, business friendliness and human capital and lifestyle.

Invest in Ontario’s series of regional spotlights showcase the diverse municipalities spread across our province. Oshawa is an eastern gateway to the GTA, noted as punching above its weight with tech jobs over recent years.

Ontario places first for the fifth consecutive year as best location for 2020 according to Site Selection Magazine due to an increase in Canadian FDI.

Ontario was named as the top destination region in terms of job creation based on foreign direct investment (FDI) in the Global Location Trends 2019 report from IBM.