Fight to attract business investment expected to be fierce, chair of new Ontario agency says

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Elyse Allan was on Friday named as the first chair of Invest Ontario\u0027s inaugural board of directors

The creation of the agency was announced in July. When it staffs up and begins operating, it will tout the province and its assets — such as a skilled workforce — as a premier spot for corporate investment, starting with a focus on advanced manufacturing, life sciences and technology.

Premier Doug Ford’s government will table a budget next week, giving a clearer picture of Ontario’s finances and spending plans. We need to make sure that we position Ontario as a top-tier destination for ... investment, because it's with that investment that we create jobs“They want to make sure that when they invest, they’re investing to ensure a viable business,” Allan said. “We want to do the same. One piece of that might be some form of financial discussion, financial deal, but … it is one piece of many points of discussion that actually ultimately win you, and will win Ontario, that investment.

 

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Good luck on getting investment in Ontario unless border opens. Irek_K CBCWindsor CTVToronto

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