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STATEMENT
Ontario Promotes Economic Opportunities Across Key Sectors Globally
Province named the most competitive place to invest in Canada
October 07, 2022
TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued this statement following today’s monthly employment release by Statistics Canada that showed employment in Ontario decreased in September.
“Our government continues to promote Ontario internationally as the innovation and investment hub of North America. We’re working around the clock to attract transformational investments that will bring good-paying jobs back to Ontario, while creating new jobs for generations to come.
As part of our plan to build the province, we’re doing everything to ensure that Ontario continues to be the best place for people to live and businesses to invest and grow. There are economic opportunities in a wide range of key sectors, including automotive and electric vehicles.
Over the past two years, we have attracted $16 billion in investments by global automakers and EV battery manufacturers. With a talented workforce, state-of-the-art research and development facilities, award-winning manufacturing and access to an abundance of critical materials, Ontario is well-positioned to build the cars of the future, and that’s just the beginning.
Media Contacts
Vanessa De Matteis
Minister’s Office
Patrick Imlay
Communications Branch
416-435-4155