Economic Development Futures Journal

Saturday, July 02, 2005

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Ontario Expands International Marketing Efforts

The Ontario government is raising the province's profile in the global marketplace by opening four new International Marketing Centers in major foreign centers:

1. Tokyo
2. London
3. Los Angeles
4. New Delhi (This one interests me. Maybe a focus on attracting scientific Indian minds to Ontario?)

Why More Ontario Activity Abroad?

1. Global foreign direct investment (FDI) is growing, but Canada's share of global inward FDI is declining (6% in 1990; 3% 2003).

2. There are 1500+ Canadian jurisdictions investing and competing abroad for investment/promoting their exports.

3. US states alone maintain more than 200 overseas trade offices.

3. Alberta has nine offices abroad and Quebec has 17 offices abroad.

More here.

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