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Ontario: The Economic Engine of Canada
In the 20th century, Ontario’s economy was built on the strength of traditional industries: natural resources, manufacturing, farming and food production. Those mainstay sectors remain vibrant, even as they retool to apply new technologies and innovations to compete in the digital age.
Now Ontario has emerged in force in key sectors such as advanced manufacturing, information technology and life sciences. Most notably, the province has seen nearly $16 billion in recent automotive investments from global giants including $12.5B towards the development of electric vehicles and EV batteries. This has made Ontario a hub for tomorrow’s EV.
Ontario is where new innovations, platforms and technologies meet the muscle of the industrial economy. It’s a place to test new ideas. A place that can drive real economic growth for the next generation.
https://www.investontario.ca/industries