Ontario key FDI attraction

Ontario is rivalled only by California when it comes to attracting foreign companies and jobs to the continent, Canoe news agency reported based on a Financial Times FDI intelligence think-tank report. Ontario saw a 21 per cent jump in new foreign projects this year, for a total of 127. Ontario also ranked second behind California in new capital investment, but led in resulting job creation with 11,210 new positions. Toronto and New York topped the list as the most attractive business cities in North America.

Published: Wednesday, 04/20/2011 12:00 am EDT

Ontario is rivalled only by California when it comes to attracting foreign companies and jobs to the continent, Canoe news agency reported based on a Financial Times FDI intelligence think-tank report. Ontario saw a 21 per cent jump in new foreign projects this year, for a total of 127. Ontario also ranked second behind California in new capital investment, but led in resulting job creation with 11,210 new positions. Toronto and New York topped the list as the most attractive business cities in North America.

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