Profile of Ontario, Canada

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1 | PROFILE: ONTARIO, CANADA Leaders across industries are increasingly drawn not just to Ontario’s reputation as an exceptionally sound and stable place to do business; they’re also attracted by Ontario’s solid economic growth, skilled and reliable workforce, environment of innovation, proximity to market, competitive business costs and high quality of life. WHERE INNOVATION THRIVES New ideas flourish in Ontario, where more than $14 billion is spent on research and development each year by industry, governments, hospitals, academic and research institutions, and private non-profit organizations. Ontario’s environment of innovation, competitive business costs and access to markets make it one of the world’s most dynamic regions for business investment. Make Ontario, Canada Your Next Big Idea for growth and success. KEY FACTS CAPITALS Toronto (Provincial) Ottawa (National) POPULATION 13.5M, almost 40% of Canada’s total population OFFICIAL LANGUAGE English, with over 150 other languages spoken AREA Over 1 million km 2 (415,000 miles 2 ), bigger than France and Spain combined CURRENCY C$1 = US$1 = 0.75 euro (September 12, 2013) LABOUR FORCE 7.3M 64% of population has post-secondary education GDP $675B, bigger than countries such as Switzerland or Sweden InvestInOntario.com Thunder Bay Sudbury Ottawa Kingston Toronto Kitchener–Waterloo London Windsor

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This 2-page cheat-sheet provides you with some key information at a glance, including a map, facts about our economy and our #1 ranking in attracting foreign direct investment.

Transcript of Profile of Ontario, Canada

Page 1: Profile of Ontario, Canada

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PROFILE: ONTARIO, CANADA

Leaders across industries are increasingly drawn not just to Ontario’s reputation as an exceptionally sound and stable place to do business; they’re also attracted by Ontario’s solid economic growth, skilled and reliable workforce, environment of innovation, proximity to market, competitive business costs and high quality of life.

WHERE INNOVATION THRIVES

New ideas flourish in Ontario, where more than $14 billion is spent on research and development each year by industry, governments, hospitals, academic and research institutions, and private non-profit organizations.

Ontario’s environment of innovation, competitive business costs and access to markets make it one of the world’s most dynamic regions for business investment. Make Ontario, Canada Your Next Big Idea for growth and success.

KEY FACTS

CAPITALSToronto (Provincial) Ottawa (National)

POPULATION13.5M, almost 40% of Canada’s total population

OFFICIAL LANGUAGEEnglish, with over 150 other languages spoken

AREAOver 1 million km2 (415,000 miles2),bigger than France and Spain combined

CURRENCYC$1 = US$1 = 0.75 euro(September 12, 2013)

LABOUR FORCE7.3M64% of population has post-secondary education

GDP$675B, bigger than countries such as Switzerland or Sweden

InvestInOntario.com

Thunder BaySudbury

Ottawa

Kingston

TorontoKitchener–Waterloo

LondonWindsor

Page 2: Profile of Ontario, Canada

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PROFILE: ONTARIO, CANADATOP 5 FDI DESTINATIONS IN NORTH AMERICA IN 2012

Ontario continues to far outperform its competitors as the number one jurisdiction in North America in attracting foreign direct investment projects per capita amongst major states and provinces,

according to a report recently released by the Financial Times’ fDi Intelligence think-tank. The report showed that in 2012, Ontario attracted over 7 per cent of total FDI value in North America.

State / Province Number of Projects Population Rank in projects per capita

Ontario 123 13,505,900 1

New York 146 19,570,261 2

California 205 38,041,430 3

Texas 116 26,059,203 4

Florida 66 19,317,568 5

Source: fDi Report 2013, Statistics Canada and US Census Bureau

KEY FACTS

PRIMARY INDUSTRIES• Advanced Medical Devices• Aerospace• Automotive• Financial Services• Information Technology• Life Sciences• Smart Grid• Water Tech

SOME MAJOR EMPLOYERS• Chrysler• Ford• General Motors• GlaxoSmithKline• Google• Honda• IBM• Johnson and Johnson Medical Products• Microsoft• Oracle• Pratt & Whitney• Pfizer• PricewaterhouseCoopers• Siemens

Let us help you find out more about how Ontario can help your company expand. We understand the challenges of investing. We can provide you the information you need to make a sound investment decision, and connect you with the right people and programs.

CONTACT US

InvestInOntario.com International 1-416-313-3469North America [email protected]