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Foreign Direct Investment: Reasons Why Canada is the Toast of Investors

Foreign Direct Investment: Reasons Why Canada is the Toast of Investors

According to a 2020 World Investment Report by the United Nations Conference on Trade and Development (UNCTAD), Canada ranked the 11th destination for foreign direct investment across the world in 2019.

The UNCTAD report further stated that the country attracted USD 50 billion in FDI in 2019, with the main investing partners in Canada and half of the stock held by the United States, the Netherlands, and Luxembourg.

Nova Scotia, a province on Canada’s East Coast, is fast proving to be a globally competitive hub for investors seeking foreign direct investment in North America. Thanks to a diverse and growing workforce, strategic access to global markets and, cost-competitive solutions. The province attracts leading companies seeking to relocate and expand in Canada.

Already, world-leading organizations such as NTT Data and Mitsubishi UFG are benefitting from Nova Scotia’s:

  • World-class infrastructure
  • Professionally-skilled and well-educated workforce
  • Attractive quality of life, especially in healthcare, clean air and, waterways
  • Strategic geographical location to the US and Europe
  • World-class infrastructure
  • Competitive business costs and one of the most generous R&D tax incentives in the industrialized world
  • Growing industry sectors in ICT, Fintech, Digital Media among others.

Canada remains the delight of investors. The country ranks 23rd out of 190 countries in the World Bank’s 2020 Doing Business report.

Potential investors interested in expanding or relocating their business to Canada can take advantage of FDI Canada Forum, a platform for investors worldwide to know more about Canada’s investment opportunities.  

The next virtual event will take place on May 5th and 6th, 2021. Early bird registration attracts a 25% discount till April 6th, 2021 (Use code “Early bird”).

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