Ontario Creating Conditions for Attracting Good Jobs and Investments

Domestic and international companies invest billions in Ontario

January 10, 2023

Ontario creating conditions for attracting good jobs and investments. Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued this statement following a recent monthly employment release by Statistics Canada that showed employment in Ontario increased by 42,100 jobs in December 2022, with total employment up by 104,500 in 2022:

“Today’s job numbers show that our government’s plan to build a stronger Ontario is working. With many more good-paying jobs across multiple sectors, we have added over a half-million jobs since our government took office in June 2018 and are leading the nation in job creation.

In 2022, Ontario secured more than 150 new investment deals from a wide range of sectors including automotive, technology, manufacturing and life sciences. These investments will create thousands of new good-paying jobs for people across the province. Ontario is truly a leading destination for job creators of all sizes from savvy start-ups to large multi-nationals.

Among these key investments was a more than $2 billion investment by GM Canada to retool their Oshawa and CAMI facilities. With funding and support from our government, the CAMI facility in Ingersoll — Canada’s first all-electric vehicle manufacturing facility — opened last month, and the first BrightDrop Zevo 600srolled off the assembly line marking a historic milestone in EV production. The cars of the future will be built from start to finish in Ontario, by Ontario workers.

As we continue to make investments to improve our province’s competitive advantage, more companies are moving their operations back to Ontario. In 2022, companies invested $93 million to reshore, creating more good-paying jobs. We’re proud to support these efforts by companies like Cyclone ManufacturingGreenlid and Quick Plug CA.

In the coming year, our government will continue to build Ontario by driving innovation and creating meaningful opportunities for people, families and businesses. We’re strengthening our relationships with economic partners both domestically and internationally, including those we met with during our 2022 trade missions to the United Kingdom, BelgiumSouth Korea, JapanGermany, Austria and India.

We look forward to the new year and the opportunity to continue to showcase all Ontario has to offer.”

Related Topics on jobs and investments

Business and Economy

Information about Ontario’s economy and how to do business here. Includes economic development opportunities, research funding, tax credits for business and the Ontario Budget. Learn more

Government

Learn about the government services available to you and how government works. Learn more

Jobs and Employment

We’ve got the resource and supports to help connect job seekers with employers. Learn more

Source

Related Story on Jobs and Investments: Ontario Welcomes $14.8 Million Investment to Create Good-Paying Manufacturing Jobs

Related Articles


Latest Articles

  • Helukabel is Pressed for Time

    Helukabel is Pressed for Time

    May 24, 2023 What is sheet metal stamping? The technique of turning sheets of metal into a useful part or component is called sheet metal stamping and is one of the first stages in the automotive assembly process. This is a process in which Helukabel completes regularly. The metal is fed into a press, where… Read More…

  • AGILOX in the Limelight at AUTOMATE 2023

    AGILOX in the Limelight at AUTOMATE 2023

    May 23, 2023 By Krystie Johnston Who is AGILOX? AGILOX is one of the fastest-growing manufacturers of innovative advanced material handling solutions. Their Autonomous Mobile Robots (AMRs) use a highly sophisticated operating system, “X-Swarm Intelligence,” to navigate warehouses and manufacturing facilities and deliver pallets and supplies without needing a centralized fleet management system. This provides… Read More…


Featured Article

Purchasing a Pick and Place Cobot: An Overview of the Benefits, Return on Investment, Pros and Cons, and Gripper Options

Purchasing a Pick and Place Cobot: An Overview of the Benefits, Return on Investment,

As a warehouse or factory owner, you are always looking for ways to improve efficiency, reduce costs, and increase productivity. Investing in a pick and place Cobot could be the solution you have been searching for.

Here you can learn about a few of the key benefits of pick and place Cobots:

Read More


Products