Master Deck 2015-09-30

1. WHY
ONTARIO?
Prepared by:
Global Competitiveness Unit
Research and Analysis Branch
Policy and Strategy Division
Ministry of Economic Development, Employment
and Infrastructure / Ministry of Research and Innovation
September 30, 2015

2. 2 WHY ONTARIO?
TABLE OF CONTENTS
1 | ECONOMIC PROFILE
• Ontario as a Percentage of Canada
• GDP Comparison with US States
• GDP Comparison with Other Countries
• Ontario's Regional Industrial Strengths
• Toronto Financial Services
• Ontario’s Share of Foreign
Headquarters in Canada
• Ontario's Economic Outlook
2 | COMPETITIVE ADVANTAGES
• Location Advantage
• Transportation Infrastructure
• Educational Attainment
• Ontario's Strong Educational
Infrastructure
• Ontario's People Risk Index and Global
Comparison
• Research Infrastructure
• Cost of Doing Business
• Healthcare Costs
• Corporate Income Tax Rate Comparison
i. Competitive Corporate Taxes on
Manufacturing
ii. Globally Competitive Corporate Taxes
• Marginal Effective Tax Rate Comparison
with OECD Countries
• R&D Tax Credit
• Sources of Ontario’s Foreign Direct
Investment Projects

3. 3 WHY ONTARIO?
TABLE OF CONTENTS (cont’d)
3 | INTERNATIONAL TRADE
PROFILE
• Ontario's Goods-and-Services Export
Intensity
• Exports and Imports, by Country
• Exports and Imports, by Product
• Canada’s Trade Agreements
4 | LIVING IN ONTARIO
• Quality of Life
• Languages Spoken
• Ethnic Diversity
5 | GOVERNMENT OF ONTARIO'S
INVESTMENT AND TRADE
PROMOTION
• International Representation
• Ontario’s Plan for Jobs and Growth
• Recent Initiatives for Investment
• Program Initiatives
i. Competitive Business Tax
ii. Opportunities for Businesses
iii.Modern Infrastructure
iv.Highly Skilled Workforce
v. Promoting Entrepreneurship and
Innovation
vi.Helping Social Enterprises Grow
and Create jobs
vii.Going Global

4. 4 WHY ONTARIO?
ECONOMIC
PROFILE
1

5. 5 WHY ONTARIO?
Ontario: Canada’s Economic Powerhouse
Ontario as a Percentage of Canada, 2014
37% GDP
39% Population
38% Primary household income
45% Financial services employment
48% ICT employment
46% Production of manufactured goods
36% Goods exports
Sources: Industry Canada, Statistics Canada, and Ontario Ministry of Finance with data from Statistics Canada, 2015
ECONOMIC PROFILE > Ontario as a Percentage of Canada

6. 6 WHY ONTARIO?
Ontario: The Eighth Largest Economy in North America
Top Ten by GDP, 2014 (Billion US$)
2,312
1,648
1,405
840
746
663
583 572 549 483
Note: Figures in current US$. Ontario’s GDP listed at PPP. Ontario’s GDP at PPP was estimated as a percentage of Canada’s.
Source: US Bureau of Economic Analysis, Ontario Ministry of Economic Development, Employment and Infrastructure with data from Statistics
Canada, and OECD, 2015.
ECONOMIC PROFILE > GDP Comparison with US States

7. 7 WHY ONTARIO?
Ontario’s GDP is Larger than that of Many Countries
GDP for Ontario and Select OECD Countries, 2014 (Billion US$)
943
803
572
480 473
437
397 394
333 320 295 286 272 253 241 221 218
Note: Figures in current US$. GDP at PPP for all countries. Ontario’s GDP at PPP was estimated as a percentage of Canada’s.
Source: Ontario Ministry of Economic Development, Infrastructure and Employment with data from Statistics Canada, and OECD, 2015.
ECONOMIC PROFILE > GDP Comparison with Other Countries

8. 8 WHY ONTARIO?
Diverse Geographic Landscape with
Competitive Regional Industries
Ontario’s Regional
Strengths
Northwestern Ontario
1% of total employment
10% of paper manufacturing
6% of mining and oil and gas extraction
2% of construction employment
6.2% unemployment rate
Southwestern Ontario
11% of total employment
63% of petroleum and coal products manufacturing
37% of agriculture employment
33% of transportation equipment manufacturing employment
6.4% unemployment rate
Northeastern Ontario
4% of total employment
57% of mining and oil and gas extraction
23% of wood product manufacturing
15% of primary metal manufacturing
7.7% unemployment rate
Eastern Ontario
13% of total employment
20% of management, scientific, and technical services
16% of paper manufacturing employment
15% of computer system design services employment
6.9% unemployment rate
Central Ontario
23% of total employment
52% of primary metal manufacturing employment
38% of machinery manufacturing employment
37% of non-metallic mineral product manufacturing
5.7% unemployment rate
Greater Toronto Area
48% of total employment
71% of finance employment
69% of computer system design services employment
44% of manufacturing employment
7.4% unemployment rate
Source: Statistics Canada, Labour Force Survey, August 2015
ECONOMIC PROFILE > Ontario's Regional Industrial Strengths

9. 9 WHY ONTARIO?
Toronto: The Canadian and a Global Hub for
Financial Services
TORONTO IS:
• Location of 83% of the foreign
banks in Canada
• Headquarters for Canada’s five
largest banks
• Headquarters of seven Fortune
Global 500 companies
• Ranked fifth in North America
and eleventh globally in
competitiveness ratings of global
financial centres
• Home to the eighth largest stock
exchange in the world based on
domestic equity market
capitalization
Sources: The Global Financial Centre Index 17, World Federation of Exchanges, 2015.
OneSource.com, Fortune Global 500 Companies, Canadian Bankers Association, Office of
Superintendent of Financial Institutions Canada; 2015
ECONOMIC PROFILE > Toronto Financial Services

10. 10 WHY ONTARIO?
Ontario is Home to the Majority of
Foreign-Controlled Head Offices in Canada
Foreign Head Office Distribution in Canada, Dec 2014
Ontario
64%
Rest of
Canada
36%
Source: Statistics Canada, 2015
COMPETITIVE ADVANTAGE > Ontario’s Share of Foreign Headquarters in Canada

11. 11 WHY ONTARIO?
Positive Economic Growth is Projected for Ontario
for the Next Few Years
Ontario’s Economic Outlook (Per Cent)
2015p 2016p 2017p 2018p
Real GDP Growth 2.7 2.4 2.2 2.1
Employment Growth 1.1 1.3 1.4 1.3
CPI Inflation 1.2 2.0 2.0 2.0
Note: p: projected
Source: Ontario Ministry of Finance, 2015
ECONOMIC PROFILE > Ontario's Economic Outlook

12. 12 WHY ONTARIO?
2 COMPETITIVE
ADVANTAGE

13. 13 WHY ONTARIO?
142 Million Consumers within a Day’s Drive
Daily Two-way Goods
Trade between Ontario-
USA for 2014 Valued at
C$844 million
Sources: Industry Canada, Statistics Canada and US Census Bureau, 2015
COMPETITIVE ADVANTAGE > Location Advantage

14. 14 WHY ONTARIO?
Ontario has a Modern, Efficient and Widely Networked
Transportation System
Ontario Transportation
Infrastructure
Airport
Border Crossing
Road
Ontario Road
Railroad
ECONOMIC PROFILE > Transportation Infrastructure

15. 15 WHY ONTARIO?
Ontarians are Highly Educated
Post-secondary Educational Attainment [Select Markets, 2013 (Age 25-64)]
Overall, 66% of Ontario’s adult
population has completed post-
secondary education
• University: 32%
• College: 27%
• Apprenticeship: 7%
66% 64%
55%
47%
44% 42%
36%
32%
19%
Note: Not all jurisdictions count apprenticeship as post-secondary education
Sources: Statistics Canada and OECD, 2015
COMPETITIVE ADVANTAGE > Educational Attainment

16. 16 WHY ONTARIO?
Ontario’s Strong Educational Infrastructure
Organization for Economic Co-operation and Development’s (OECD)
Programme for International Student Assessment, 2012
Reading Scores
PISA 2009 Score
528 523
505
498 496 494
Ontario Canada G8 Avg. USA OECD Avg. EU15 Avg.
Mathematics Scores
PISA 2009 Score
518 514
501 496 494
481
Canada Ontario G8 Avg. EU15 Avg. OECD Avg. USA
Science Scores
PISA 2009 Score
527 525
511
504 501 497
Ontario Canada G8 Avg. EU15 Avg. OECD Avg. USA
Canada is among the highest ranked jurisdictions in
the OECD’s assessment of students’ reading, math,
and science skills.
Note: OECD’s Programme for International Student Assessment (PISA) compares standardized test results of 15 year-olds in 65 countries. It is
conducted every three years.
Sources: OECD and Statistics Canada, 2013
COMPETITIVE ADVANTAGE > Ontario's Strong Educational Infrastructure

17. 17 WHY ONTARIO?
Ontario is a Leader in Recruiting and Retaining a Highly
Skilled Workforce
Overall People-Risk Rankings, 2013
Rank City
1 New York City
2 Singapore
3 Toronto
4 London
5 Montreal
6 Los Angeles
7 Copenhagen
8 Hong Kong
9 Zurich
10 Vancouver
Out of 138 global cities examined, Toronto ranked third for
low risks associated with employment and redeployment.
Canada’s strengths are derived from strict enforcement of
equal opportunity laws, clear government-mandated health
and retirement benefits, low levels of corruption, and the
high quality and broad availability of training facilities.
Source: AON Consulting, 2014
ECONOMIC PROFILE > Ontario's People Risk Index and Global Comparison

18. 18 WHY ONTARIO?
Government Supported R&D Centres Located throughout Ontario
Medical Related Services
Centre for Excellence for Mining Innovation
Bio Energy Research Centre
Networks of Centres of Excellence (NCE)
Ontario Centres of Excellence (COE)
National Research Council Institute (NRC)
COMPETITIVE ADVANTAGE > Research Infrastructure

19. 19 WHY ONTARIO?
Competitive Business Costs
Overall Business Costs Index (US=100)
88.5 89.1
91.6
92.3
93.1 93.4 93.5
94.2
100
Source: MEDEI/MRI analysis, prepared using CompetitiveAlternatives.com Cost Model, 2014 version, accessed August 27, 2015
COMPETITIVE ADVANTAGE > Cost of Doing Business

20. 20 WHY ONTARIO?
Lower Healthcare Costs for Employers Compared to the US
Employer Health Costs for a Typical Firm (Thousands US$)
980
457
US Ontario
Average cost to employers in the US
is about twice as much as it is in
Ontario
Note: Typical firm defined as having approximately 91 employees
Source: MMK Consulting, 2014 (Special run for MEDEI/MRI)
COMPETITIVE ADVANTAGE > Healthcare Costs

21. 21 WHY ONTARIO?
Competitive Corporate Taxes on Manufacturing
Combined Federal and State/Provincial Corporate Income Tax Rate in Manufacturing (Per Cent)
25.0%
32.0% 32.5%
35.3% 35.6% 35.9% 35.9% 36.0% 36.3% 36.4% 37.7% 37.9% 38.0% 38.0% 38.5%
Source: Ontario Ministry of Finance, based on information as of Dec 19, 2014.
COMPETITIVE ADVANTAGE > Corporate Income Tax Rate Comparison

22. 22 WHY ONTARIO?
Globally Competitive Corporate Taxes
Combined National-Subnational General Corporate Income Tax (CIT) (Per Cent)
The combined federal‐Ontario
general CIT rate is significantly lower
than the average federal‐state CIT
rate in the United States — Ontario’s
major trading partner.
Source: Ontario Ministry of Finance, and KPMG International, based on information as of Feb 27, 2015
COMPETITIVE ADVANTAGE > Corporate Income Tax Rate Comparison
26.5%
28.2%
31.5%
39.0%
Ontario G20 Average G7 Average US Average

23. 23 WHY ONTARIO?
Marginal Effective Tax Rate (METR) on New Business
Investment Lower than US and OECD Averages
Ontario’s Tax Competitiveness (Per Cent)
34.7%
20.2%
16.3%
US Average OECD Average Ontario
Notes: The marginal effective tax rate (METR) takes into account federal and provincial/state corporate income taxes, capital taxes and sales taxes.
The OECD METR is the average for OECD member countries excluding Canada.
Sources: Finance Canada, and Ontario Ministry of Finance, based on information as of September 30, 2015.
COMPETITIVE ADVANTAGE > Marginal Effective Tax Rate Comparison with OECD Countries

24. 24 WHY ONTARIO?
Ontario’s R&D Cost Advantage
R&D Cost Advantage (Per Cent)
28.1%
23.9%
23.3%
18.0%
17.3%
14.2%
14.1%
13.9%
0%
Netherlands
Ontario
France
Australia
Italy
United Kingdom
Germany
Japan
US
Ontario has a 23.9%
cost advantage
relative to the US
Source: MEDEI/MRI analysis, prepared
using CompetitiveAlternatives.com
Cost Model, 2014 version. Based on
information as of September 15, 2015.
After-Tax Cost of $100 R&D Expenditure
Small and Medium Sized Manufacturers
R&D
Expenditure
(general)
R&D
Expenditure
(at eligible
Ontario research
institutes)
Gross
expenditure
$100.00 $100.00
Actual after-
tax
expenditure
$54.79 $42.62
Note: based on information as of September 30, 2015.
Sources: Ontario Ministry of Finance and Canada Revenue Agency
COMPETITIVE ADVANTAGE > R&D Tax Credit

25. 25 WHY ONTARIO?
Ontario Attracts Investors from Many Countries
Foreign direct investment projects in Ontario by source country, 2014
COMPETITIVE ADVANTAGE > Sources of Ontario’s Foreign Direct Investment Projects
US, 45.13
UK, 12.39
Germany,
7.08
France,
6.19
China,
3.54
India, 3.54
Denmark,
2.65
Switzerland,
2.65
Japan, 2.65
Sweden, 2.65 Other, 11.53
Source: fDi Intelligence, April 2015.

26. 26 WHY ONTARIO?
3 INTERNATIONAL
TRADE PROFILE

27. 27 WHY ONTARIO?
Goods and Services Exports are a Key Part of Ontario’s Economy
Goods and Services Export Intensity, 2014
Gross Domestic Product
International
33.6%
Interprovincial
18.6%
0%
20%
40%
60%
80%
100%
International exports are
equivalent to around 34% of
Ontario’s GDP
Note: 2014 GDP is $720,981 million
Source: Ontario Ministry of Finance, April 2015
INTERNATIONAL TRADE PROFILE > Ontario's Goods-and-Services Export Intensity

28. 28 WHY ONTARIO?
Ontario Trades with the World
Top Ten Trade Partners, 2014
Note: Figures for 2014. Export figures are domestic exports only (does not include re-exports)
Source: Industry Canada with data from Statistics Canada, 2015.
INTERNATIONAL TRADE PROFILE > Exports and Imports, by Country
Exports
Rank Country % Share in Total
1 United States 79.3%
2 United Kingdom 6.4%
3 Hong Kong 1.8%
4 China 1.2%
5 Mexico 1.2%
6 Japan 1.1%
7 Norway 1.0%
8 Germany 0.6%
9 Italy 0.6%
10 Switzerland 0.6%
Imports
Rank Country % Share in Total
1 United States 56.4%
2 China 11.7%
3 Mexico 7.6%
4 Japan 3.0%
5 Germany 2.6%
6 Korea, South 1.6%
7 United Kingdom 1.3%
8 Italy 1.1%
9 Switzerland 1.0%
10 Taiwan 0.8%

29. 29 WHY ONTARIO?
Ontario Trades in a Variety of Goods
Top Five Product Categories, 2014
Exports
34%
11%
9%
4%
4%
38%
Motor Vehicles
Metals and Precious
Stones
Machinery & Mech.
Appliances
Plastics
Electrical Equipment
Others
Imports
21%
15%
11%
4%4%
45%
Motor Vehicles
Machinery & Mech.
Appliances
Electrical Equipment
Metals & Precious
Stones
Pharmaceuticals
Others
Source: Industry Canada, Trade Data Online (data from, Statistics Canada, November 2014)
INTERNATIONAL TRADE PROFILE > Exports and Imports, by Product

30. 30 WHY ONTARIO?
Canada’s Trade Negotiations and Agreements
INTERNATIONAL TRADE PROFILE > Canada’s Trade Agreements
Countries with Completed
Free Trade Agreements
Countries with Free Trade
Agreements Being Negotiated
Countries with Free Trade
Agreements in Exploratory
Discussions
All other countries without
Free Trade Agreements with
Canada
Note: FTA coverage does not include WTO Agreements. The Canada-EU trade agreement (CETA) negotiations concluded in August
2014 and is awaiting ratification. If approved in 2015 the CETA could be applied in 2016.

31. 31 WHY ONTARIO?
4 LIVING IN
ONTARIO

32. 32 WHY ONTARIO?
Ontarians Enjoy a Good Quality of Life
Mercer 2015 Quality of Living Survey Index, Top Cities in North America
Rank City Country
5 Vancouver Canada
15 Toronto Canada
16 Ottawa Canada
24 Montreal Canada
27 San Francisco United States
33 Calgary Canada
34 Boston United States
36 Honolulu United States
43 Chicago United States
44 New York City United States
44 Seattle United States
Source: Mercer - Quality of Living, 2015
LIVING IN ONTARIO > Quality of Life

33. 33 WHY ONTARIO?
Ontarians Speak Many Different Languages
Select Languages Spoken by Ontarians
93,080 128,440 133,390 140,805 140,315 147,723 178,335
251,330
499,380
685,193
1,426,540
Russian Polish Arabic Filipino German Portuguese Spanish Italian Major
Chinese
languages
Major
languages
spoken in
India
French
Ontario’s population was 12.85 million in 2011.
Source: National Household Survey (NHS), Statistics Canada, 2013 (data for 2011).
LIVING IN ONTARIO > Languages Spoken

34. 34 WHY ONTARIO?
Ontario is Ethnically Diverse
Ontario’s Immigrant Population by Place of Birth
Asia
44.8%Europe
33.4%
United States
3.2%
Americas
16.1%
Africa
5.4% Oceania
and other
0.3%
Sources: Statistics Canada, 2013. National Household Survey (NHS)
LIVING IN ONTARIO > Ethnic Diversity

35. 35 WHY ONTARIO?
5 GOVERNMENT
OF ONTARIO’S
INVESTMENT
AND TRADE
PROMOTION

36. 36 WHY ONTARIO?
Government of Ontario’s Presence Abroad
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > International Representation

37. 37 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Ontario’s Plan for Jobs and Growth
Ontario’s Plan for Jobs and Growth
• Launched in Budget 2013, Ontario’s
Economic Plan for Jobs and Growth is
supporting economic renewal and
positioning the province to continue its
global economic leadership through the
21st century.
• It builds on Ontario’s strong economic
fundamentals to focus government
policy and investments in priority areas
that will drive economic development
and job creation. This includes building
the talent and skills of Ontario’s
workforce, building modern
infrastructure and supporting a
dynamic and innovative business
climate.
• The 2015 Budget expands on this
plan. The government will continue to
work hard to ensure Ontario is well-
positioned for continued economic
growth over the next 10 years.

38. 38 WHY ONTARIO?
Recent Initiatives Encouraging Investment
•Has eliminated the capital tax,
reduced corporate income tax rates
and has passed the Supporting Small
Business Act, increasing the
exemption for the Employer Health
Tax for small businesses.
•Has announced the Going Global
Trade Strategy to help more
companies export to global markets,
helping to create jobs in Ontario.
•Has invested in key sectors and
regions of the economy, and in
promoting research, innovation and
commercialization.
•Is extending the Ontario Youth Jobs
Strategy by $250 million for two more
years, that has helped over 29,000
young people gain the benefit of on-
the-job workplace experience over the
last two years.
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Recent Initiatives for Investment
The Ontario Government:

39. 39 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Competitive Business Tax
Improving Business Tax Competitiveness
The government has fundamentally
restructured the tax system to improve
Ontario’s business tax competitiveness and
enhance Ontario’s advantages in sustaining
long‐term economic growth and job creation.
These measures include:
• Replacing the Retail Sales Tax with the
Harmonized Sales Tax (HST), a more modern
value‐added tax;
• Eliminating the Capital Tax, which corporations
paid whether or not they had a profit and was a
significant disincentive to investment;
• Cutting Corporate Income Tax (CIT) rates for
small and large businesses; and
• Streamlining CIT and sales tax administration,
which is saving businesses over $635 million per
year in reduced compliance costs.
Ontario’s business tax system is one of the
most competitive internationally. Since 2009,
the marginal effective tax rate on new business
investment has been cut in half.

40. 40 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Opportunities for Businesses
Provincial Initiatives
• The new province-wide, 10-year, $2.5 billion Jobs
and Prosperity Fund (JPF) will partner with business
to attract investments, strengthen Ontario’s strategic
sectors and support the province’s future economic
growth.
The new fund will secure business investments that
focus on job‐creating innovation, productivity and
going global, and will invest in Ontario’s key sectors.
• The government has committed over $110 million in
regional economic development through both the
Eastern Ontario Development Fund and
Southwestern Ontario Development Fund,
leveraging a total investment of over $1 billion.
•
These regional programs support economic
development initiatives to businesses, municipalities
and not for profit associations.
• The Better Business Climate Act, 2014 requires the
government to publish an annual report highlighting
the government’s burden reduction activities.
Ontario’s new burden reduction strategy will save
businesses and stakeholders over $100 million by the
end of 2017.
Through the act, which went into effect in December
2014, Ontario will work with business and other
partner leaders to develop cluster development plans
that identify key polices to support cluster growth and
promote stronger collaboration.

41. 41 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Modern Infrastructure
The province plans to invest more than $130
billion in public infrastructure over ten years,
including $24 billion by 2015-16.
Infrastructure investments would remain
focused on the most critical areas such as
transportation, health care and education.
•Transportation Infrastructure: $31.5 billion over
ten years to improve transportation
infrastructure, including $2.5 billion in 2015-
2016 for highway rehabilitation and expansion
projects across the province.
•Education Infrastructure: to provide over $11
billion over ten years in capital grants to school
boards that will help build new schools in areas
of high growth and improve the condition of
existing school facilities. As of the spring of
2015, nearly 100 major capital projects are
either in planning or underway across the
province.
•Postsecondary Infrastructure: to provide more
than $900 million for infrastructure in colleges
and universities.
•Health Infrastructure: to invest over $11 billion
over ten years in capital grants to hospitals
over three years. Across Ontario,
approximately 40 major hospital projects are
under construction or in various stages of
planning.

42. 42 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Highly Skilled Workforce
Ontario has made significant investments
to build the knowledge and skills of its
population, ranging from full-day
kindergarten to postsecondary education.
•Youth aged 15 to 29 account for 35 per cent of
participants in Employment Ontario, the
province’s $1 billion system of employment
and skills training programs and services.
•Ontario is renewing its Youth Jobs Strategy
that will provide an additional investment of
$250 million over two years to prepare up to
150,000 of Ontario’s youth with the right skills
for employment opportunities in growing
industries.
•Since 2002–03, there are over 170,000
additional students enrolled at Ontario colleges
or universities, an increase of 43 per cent.
•Since 2002–03, Ontario has created almost
16,000 new graduate spaces, an increase of
58 per cent.
•66 per cent of adults in Ontario had a
postsecondary credential in 2013, up from 56
per cent in 2002 and higher than any country in
the Organisation for Economic Co-operation
and Development.

43. 43 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Promoting Entrepreneurship and Innovation
The Government of Ontario offers programs
and funds to promote entrepreneurship and
innovation such as:
• Commercialization and Innovation Voucher Pilot
Program: helping entrepreneurs and small
businesses to access innovation, productivity
and commercialization services offered by
Ontario’s research institutions.
• Northleaf Venture Catalyst Fund: a $300 million
fund in partnership with the federal government
and the private sector.
• The Ontario Brain Institute: supporting medical
discovery by committing $100 million to the
Ontario Brain Institute over five years.
• The Youth Jobs Strategy’s Youth
Entrepreneurship Fund and Youth Innovation
Fund are providing young entrepreneurs with
training, resources, mentorship and capital and
helping develop Ontario’s future business
leaders

44. 44 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Helping Social Enterprises Grow and Create Jobs
The Government of Ontario has launched a new
Social Enterprise Strategy that will help social
enterprises start and grow their businesses
while supporting the creation of 1,600 new jobs
in the sector by focusing on four key areas:
• Connecting, co-ordinating and communicating
information to, and about, social entrepreneurs,
including exploring new ways to help create
'hybrid' corporations that reinvest profits in a social
purpose
• Building the social enterprise brand by increasing
awareness of the sector using tools like an
interactive web portal where social entrepreneurs
could meet and connect with investors, and
access services.
• Creating a vibrant social finance marketplace
through various initiatives, including implementing
a new $4 million Social Enterprise
Demonstration Fund to improve access to capital
for high-growth social enterprises. In February
2015, the government announced support for 11
social finance organizations through the Social
Enterprise Demonstration Fund.
• Delivering other innovative supports, like a pilot
program to help social enterprises be part of
procurements related to the 2015 Pan
Am/Parapan Am Games
Our goal is to make Ontario the number one
jurisdiction in North America for social
enterprise.

45. 45 WHY ONTARIO?
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Program Initiatives
Going Global
Ontario is helping expand the province's
presence in global markets, grow the
economy and create jobs through a new
trade strategy. As part of Ontario’s Plan
for Jobs and Growth, the Going Global
Trade Strategy will:
•Already helped exporters with over 90
outbound missions in priority sectors.
•Streamline export programs and resources
for businesses so they can more easily
access the supports they need to go global.
• Increase support for more Ontario
companies to export their products or
services.
•Strengthen trade corridors with the United
States.
•Work with the federal government to pursue
new trade agreements
•Maximize the benefits from the Canada-EU
Trade Agreement.

46. 46 WHY ONTARIO?
Ministry of Economic Development, Employment and
Infrastructure / Ministry of Research and Innovation
Please contact us for assistance with:
•the latest information on our economy and business climate
•comprehensive profiles of Ontario municipalities
•province-wide site searches of available industrial land and buildings
•liaising of site selection and community visits throughout the province
•contacts with federal, provincial and municipal officials, as well as utilities, transportation firms
and business facilitators.
info@investinontario.com
GOVERNMENT OF ONTARIO’S INVESTMENT AND TRADE PROMOTION > Contact Information

47. Prepared by:
Global Competitiveness Unit
Research and Analysis Branch
Policy and Strategy Division
Ontario Ministry of Economic Development,
Employment and Infrastructure / Ministry of
Research and Innovation
900 Bay Street, 7th Floor
Toronto, Ontario
M7A 2E1
Phone: 416-325-0078
InvestInOntario.com
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