Invest Ontario

We are delighted to share that Brock Dickinson has been appointed to the Invest Ontario Board of Directors.   He is the Director of the University of Waterloo’s Economic Development Program, which provides professional training to economic developers across Canada and around the world. He is a former Board member of both the Economic Developers Association of Canada (EDAC) and the Economic Developers Council of Ontario (EDCO)  Mr. Dickinson began his career with the United Nations, leading development projects in more than 30 countries. He returned to Canada to lead economic development agencies in multiple Canadian provinces. Mr. Brock launched MDB Insight (acquired by Deloitte), Canada’s largest specialist economic development consultancy, where he worked until 2017 with some 300 communities across North America to identify and pursue economic development, investment attraction, and job creation opportunities. https://lnkd.in/gnFc7QsA

We’re pleased to announce Jennifer Maki CPA, CA, ICD.D has been appointed to the Invest Ontario Board of Directors.   Ms. Maki is a CA, CPA and holds the ICD.D designation from the Institute of Corporate Directors. Ms. Maki is a member of several Boards and a director at Next Generation Manufacturing, an industry lead, non-profit organization leading Canada’s global innovation cluster for advanced manufacturing.   Ms. Maki was an Executive Director at @Vale SA - Base Metals and CEO of @Vale Canada from 2014 to 2017, leading the global nickel and copper operations. Prior to that, she spent seven years as the EVP & CFO, Vale Base Metals with a strong focus on cost control and working with joint venture partners. Jennifer spent ten years at PwC working predominantly in their mining group. https://lnkd.in/gkGtevHR

Our expert Site Selection team including Daniel Deering and Kevin Samra Ec.D., M.A, H.B.A, were in Halton recently meeting with Graham Lowe, Senior Development Officer at Town of Halton Hills. Learn more about their easy access to major transportation that provides a gateway into the North American market and their high-quality workforce.   Discover our inventory of investment-ready sites and click below to learn more about the tailored assistance we can offer in finding your ideal investment location:

📢 The Federal Government recently announced the first four Clean Economy Investment Tax Credits that aim to support Canada’s green energy investments and continue driving our economy towards net-zero by 2050. Read more about the eligibility for the new tax credits here:

Happy Canada Day! Celebrate with us by signing up for our newsletter and discover how Invest Ontario’s customized support can supercharge your business expansion: https://lnkd.in/esUDXkS3

Happy investment-anniversary to Mitsui High-tec (Canada), Inc.! One year ago they announced their plans to invest $102.3 million to build a new 103,500 square feet manufacturing facility, creating 104 jobs.    Yasushi Harada, President of Mitsui said “Ontario has been a great place for Mitsui High-tec (Canada), Inc. to settle and build. With the growing focus on the hybrid and EV industry in Canada, and our opportunity to strengthen the supply chain, Ontario is a fantastic location to be close to borders for export, with space and opportunity to continue growing. Brantford has specifically been a great place to expand into, as there is a healthy job force, and space for development. We are looking forward to continuing to foster our relationship with the region of Brantford and Province of Ontario in this next phase of expansion.”

The province's robust auto end-to-end supply chain is supported by a reliable corridor that includes Ontario-based automakers Magna International, Linamar Corporation and Martinrea International ranked in Top 100 Global Suppliers by Automotive News. This recognition shows a dedication to excellence in a competitive market and reinforces our position as a leader in automotive production in North America.

#FDI in Canada increased by 9% according to UN Trade and Development (UNCTAD)'s World Investment Report 2024. This is especially notable given FDI declined in more than half of the top 20 recipients.   Ontario has the largest GDP in Canada and one of the top 10 largest subnational economies in North America. Message us to learn why so many global giants are choosing to invest in Ontario and how we can help your business expand here.

Expansion Solutions Magazine recently featured Ontario’s Minister of Economic Development, Job Creation and Trade Victor Fedeli: “For over a century, the auto sector has been a huge part of Ontario’s economy, and today, the province is the 2nd largest vehicle producing jurisdiction in all of North America.   Our province is the only place in the world where five major auto assemblers currently operate – Ford Motor Company, General Motors, Stellantis, Honda, and Toyota Motor Corporation. And, just last year – Volkswagen announced that its subsidiary PowerCo would be joining Ontario’s automotive landscape as the sixth major presence, establishing an electric vehicle (EV) manufacturing facility set for operation in 2027.” Tracy Cornett

Invest Ontario makes change to leadership team.