Canada’s potential to become the world leader in the batteries and electric vehicle (EV) industry is creating palpable excitement among decision makers in the global economy. And for good reasons—it is the only country in the western hemisphere with all the critical minerals needed to build an end-to-end battery supply chain.Read More
The COVID-19 pandemic has upended the global semiconductor industry and created a major chip shortage that is affecting autos, computers and other industries around the world. Semiconductor producers are now scrambling to increase production. They are striving to meet demand in an ever-increasing market, which is projected to grow from US$452.25 billion to US$803.15 billion by 2028.
With this shortage comes opportunity for investment and the emergence of new players in the semiconductor industry—including Canada. The country’s advantages in this space perfectly position it to lessen the semiconductor shortage.Read More
Canada will be the home of the world’s first net-zero carbon emissions ethylene plant. U.S.-based Dow has announced plans for a major brownfield investment at its existing site in Fort Saskatchewan, Alberta, north of Edmonton. The project could represent the largest capital investment in Alberta in 15 years.
Dow announced its plans for the first ever net-zero carbon emissions ethylene and derivatives complex on October 6, 2021. Known in the industry as a cracker, the complex is part of industrial processes that turn feedstocks such as propane or ethane into polyethylene, which is used in products ranging from recyclable plastic food containers and bottles to plastic toys.Read More
This year again, Invest in Canada is proud to participate in the Toronto Global Forum, the premier event bringing together heads of states, central bank governors, ministers and global economic decision makers. This represents an exclusive opportunity to foster business links and promote partnerships with major Canadian and international corporations. For more informationRead More
Canada Remains Destination of Choice for Global Investment
- Invest in Canada’s FDI Report 2020 finds Canada navigated the challenges of the pandemic better than many other developed countries.
- With global foreign direct investment (FDI) flows projected to increase up to 15% in 2021 and up to 20% in 2022, Canada is in a position to capitalize on its leadership in key sectors such as clean technology, agri-food and gaming.
- Over the past 10 years, FDI into Canada has grown an average of 8.1% per year, indicating continued confidence by global companies in Canada as a destination of choice to invest.
Ottawa, October 5, 2021 – As the COVID-19 pandemic led to unprecedented loss around the world, Canada was not exempted. Over the past year, global investment flows suffered a sharp 35% decline as lives and livelihoods were upended.Read More
The eSports revolution has taken hold worldwide—and Canada is emerging as a major player. The industry has exploded in recent years, drawing investments from professional sports organizations and celebrities. It’s no surprise as the stakes are high. Consider the fact that a 16-year-old won USD $3 million in prize money at the most recent in-person Fornite World Cup. Or that the 2019 Dota 2 winning team took home USD $15.6 million in prize money.Read More
An evolution is afoot with canola crops in Canada. Once simply a source of oil, Canadian farmers and companies are now using canola in innovative ways to minimize environmental impact and contribute to a cleaner future. The first new development is oil, which is used to produce renewable biodiesel. Second, canola protein, which is being used as a plant-based protein for human consumption.Read More
Remarkable innovation and collaboration have occurred throughout the life sciences industry during the COVID-19 pandemic. This collaboration was also seen in one of Canada’s strongest sectors—life sciences. Through the provinces of Québec and Ontario, the Québec City - Windsor Corridor represents a hotspot of innovation, talent, collaboration and industry clusters– all a signature of what Canada has to offer global investors in life sciences.
Every stop along the Corridor has unique characteristics and a speciality to round out Canadian expertise in life sciences. All of them come together to create a collaborative ecosystem that is varied and dynamic, where global companies choose to invest, innovate and create advancements in the field.Read More
Canada is aiming to become a global player in developing new innovations and technologies. The Digital Technology Supercluster, a collaboration-focused consortium of emerging companies, think tanks and academic institutions, will be key to that transformation.
They say there’s strength in numbers. As such, larger businesses often survive longer than SMEs. On average, larger businesses are also more productive and contribute more to overall GDP, regional employment and social needs.
With this in mind, it makes sense for organizations in the same industries – especially in high tech and data development – to collaborate on a national level, rather than competing with each other. This can contribute to a more innovative and resilient tech sector, and a stronger economy.Read More