Toronto, Sept 28 (Canadian-Media): Ontario is the North American leader for foreign direct investment (FDI) -- followed by Ireland, the U.K., Japan, China, and Germany -- outpacing all other provinces and states with over 10,000 new jobs created from incoming FDI, the Global Location Trends 2019 report by IBM said.
Since June 2018, Ontario has witnessed an increase of 231,300 jobs and expects savings for businesses of $5 billion.
In making Ontario open for business and open for jobs, Vic Fedeli, Minister of Economic Development, Job Creation and Trade said, "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."
Ontario trade mission to Japan and South Korea from October 12-25, 2019 led by Minister Fedeli, Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs, and Raymond Cho, Minister for Seniors and Accessibility will be focused on agriculture, automotive, aerospace and other key emerging sectors.