How We Help
Invest in Canada is Canada’s global investment attraction and promotion agency. Facilitating global investment that spurs job growth and makes Canada stronger, Invest in Canada is the foreign investor’s primary point of contact. Our customized services help global companies unlock investment opportunities in Canada.
- Assistance in developing a business case for your next investment project
- Information and advice on doing business in Canada
- Strategic market intelligence on your specific industry
- Site visits
- Provincial, territorial and local investment promotion agencies who can help you access local investment opportunities, networks and programs
- Key contacts in private industry, academia and government
- Strategic industry events and international activities
- Referrals to investment support professionals, such as lenders, lawyers, accounting firms, information specialists and private-sector industry associations
- Industry-specific regulatory environment
- Government programs that can help you set up a business in Canada, access tax and R&D credits as well as other incentives
Mastercard announced in January 2020 its $510 million investment into a new fintech cybersecurity centre in Vancouver, creating and maintaining 380 jobs in Canada. According to Mastercard’s CEO, Ajay Banga, the expansion of the company’s presence in Canada will allow it to tap into the country’s talented workforce and tech ecosystem to accelerate the commercialization of innovation.
Invest in Canada has been working with Mastercard since 2018 to support its expansion in British Columbia and provide information about local talent availability. Our team connected the company to key members of Vancouver’s tech ecosystem, including academic institutions and the Vancouver Economic Commission. Invest in Canada also assisted with the investment announcement and met with Mastercard to discuss the way forward, ensuring growth via local engagement, talent, brand building, and engagement with core partners.
Mastercard’s investment was further supported by a $49 million contribution from Canada’s Strategic Innovation Fund, which spurs innovation through funding for large-scale investment projects.
Fujitsu, Japan’s leading ICT company, officially launched Fujitsu Intelligence Technology in Vancouver in July 2019. Operating as the company’s global artificial intelligence (AI) headquarter, the Vancouver office serves as a strategic access point to the growing North American AI market.
But why Canada? For Fujitsu, the selection came down to 5 reasons:
- government tech and innovation policies
- advanced research laboratories and talent
- a rich and diverse start-up ecosystem
- an ideal business environment for AI businesses
- a competitive business cost structure
In the months leading up to the launch, Invest in Canada worked with Fujitsu, the Vancouver Economic Commission, and British Columbia’s Ministry of Jobs, Trade and Technology to support the company’s assessment of Vancouver. In collaboration with Fujitsu’s VP Business Development, Invest in Canada supported the preparation for the launch event and connected the company representatives with government partners as well as relevant industry leaders in the Vancouver region.
The Indian multinational Tech Mahindra is a leading provider of digital transformation, consulting and business re-engineering services and solutions. With annual revenues of 4.9 B, over 130,000 employees and a presence in 90 countries, Tech Mahindra has a long track record of successful FDI projects.
The company recently reinforced its commitment to Canada with a new investment in British Columbia. Facilitated by Invest in Canada and with the support of the Canadian Trade Commissioner Service in Mumbai, the Vancouver Economic Commission, and British Columbia’s India Trade and Investment Office, Tech Mahindra announced the opening of a software development centre in Vancouver, which will create up to 100 new jobs in the Vancouver area.
Invest in Canada’s involvement included meeting with Tech Mahindra to discuss information requirements, touring Vancouver with the company, outlining applicable incentives, introducing key partners and collaborating with the company on the upcoming announcement event.