Ontario Creating Conditions for Attracting Good Jobs and Investments

Today’s job numbers show that the 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 this government took office in June 2018.

Last month, employment increased in Ontario by 42,100, and Ontario led the nation in job creation in 2022 with 104,500 jobs added.

By enabling an annual $7 billion in cost savings for Ontario businesses and attracting hundreds of millions of dollars into Ontario’s venture capital ecosystem, we are creating the best possible conditions for businesses to grow and create jobs. Both domestic and international companies have invested billions in Ontario.

Last year, 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 more than 7,500 new good-paying jobs for people across the province.

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 creating more good-paying jobs.

In the coming year, this government will continue to build Ontario by driving innovation and creating meaningful opportunities for people, families and businesses.

Learn More: Ontario Creating Conditions for Attracting Good Jobs and Investments | Ontario Newsroom