Site Selection

Ontario communities are at the forefront of Site Selection magazine’s 2021 competitiveness rankings. Of 21 Canadian communities highlighted, 10 are in Ontario.

Ontario cities are leading the future, recognized as prime investment locations in North America.

In 2016, when Newmont announced that it would build the world’s first all-electric underground gold mine near Borden Lake in Northern Ontario, the global mining industry took notice.

Despite the pandemic, Toronto’s technology sector keeps on growing. The city is a booming technological hub, boasting a strong talent pipeline that attracts tech companies worldwide. Here are seven big-name businesses that have decided to open new offices in Canada’s largest city.

This is the first time Canada has claimed the top spot in the yearly ranking, having spent several years in the second and third positions. Highlighted in the 2021 report is that Canada ranked first in sub-rankings, including quality of life and social purpose, meaning that it is seen as “a stable and safe society in which individuals [and business] can develop and prosper, and is open, fair and equitable.”

Aaron Rosland is the Senior Economic Officer for Ontario in the United Kingdom. He promotes Ontario as a destination for foreign investment, develop commercial and sales networks for Ontario businesses.

Ontario places first for the fifth consecutive year as best location for 2020 according to Site Selection Magazine due to an increase in Canadian FDI.

Ontario remains in the top spot for Site Selection magazine’s Canadian Competitiveness Award.

Ontario is a major player in the water tech sector, with homegrown companies developing several technologies that have been implemented across the globe.