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Ontario top destination in North America for foreign direct investment

Christian Fernsby |
Ontario is the North American leader in the number of new jobs created based on foreign direct investment (FDI), according to a new report.

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The Global Location Trends 2019 report by IBM shows that Ontario outpaced all other provinces and states with over 10,000 new jobs created from incoming FDI.

"Our government continues to make Ontario open for business and open for jobs, and this is more evidence our plan is working," said Vic Fedeli, Minister of Economic Development, Job Creation and Trade.

"Because of our work to reduce red tape and create the conditions needed for businesses to thrive and create good jobs, there has never been a better time to invest in Ontario than now.

We will continue to showcase Ontario as the premier destination for investment."

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