WELCOMING INVESTORS: - Ministry of Tourism - Ontario.ca

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ONTARIO’S Value PropositionReasons to Invest in Ontario’s Tourism Sector ▼First choice for investorsOntario is Canada’s leading destination for foreign direct investment.Significant tourism market158 million consumers are within a day’s drive of southern Ontario. In 2011, $23 billion in revenuewas generated by 104 million tourists.Access to capitalToronto is home to Canada’s secure and enviable financial sector ranked the most sound in theworld for four years in a row by the World Economic Forum.Low taxesOntario’s corporate income tax rate is lower than the average U.S. rate.Remarkable talentOntario boasts a diverse, multilingual, highly educated and available workforce.Great brandInternational business consulting group FutureBrand has dubbed Canada the best countrybrand in the world.Cost competitiveAmong the 30 largest North American cities, KPMG ranks Toronto second for lowest business costs.Easy to reachToronto’s Pearson Airport is the fourth largest entry point into North America with directflights to 54 U.S. cities and 99 other international cities.Growing and stable economyThe International Monetary Fund has forecast Canada to have the highest economic growthamong G7 countries for 2012.Business friendlyThe Government of Ontario has dedicated programs and services to support internationalinvestment, major events, site visits and business feasibility studies.Great quality of lifeOntario offers safe and welcoming communities, an affordable cost of living and robust publicservices that include comprehensive healthcare.16 WELCOMING INVESTORS: A Tourism Investment Attraction Strategy for Ontario
CONTACT USFor more information about investing in Ontario’stourism industry or to learn more about thegovernment’s tourism investment attractionstrategy, please contact:Ministry of Tourism, Cultureand SportInvestment and Development Office900 Bay Street9 th Floor, Hearst BlockToronto ON M7A 1E9James LynnSenior Development ConsultantPhone: 416-325-4630Email: james.lynn@ontario.caNoreen CartwrightSenior Development ConsultantPhone: 416-325-8866Email: noreen.cartwright@ontario.caRobert BultSenior Development ConsultantPhone: 416-326-9765Email: robert.bult@ontario.ca► Niagara-on-the-LakePlease visit ontario.ca/tourisminvestment to view an online accessibleversion of this document or scan this code:ISBN 978-1-4606-0444-1 (Print)ISBN 978-1-4606-0445-8 (PDF)© Queen’s Printer for Ontario, 2012WELCOMING INVESTORS: A Tourism Investment Attraction Strategy for Ontario17
Page 1: WELCOMINGINVESTORS:A Tourism Invest
Page 4 and 5: ► Agawa Canyon 2.
Page 6 and 7: BackgroundIn February 2009, the Gov
Page 8 and 9: ONTARIO’S COMPETITIVE STRENGTHS
Page 10 and 11: ACTION PLANACHIEVING OUR GOALSTo re
Page 13 and 14: OBJECTIVE 3Develop an investor outr
Page 15 and 16: OBJECTIVE 5Continue to identify pro
Page 17: ENDNOTES AND RESOURCESOntario’s t

WELCOMING INVESTORS: - Ministry of Tourism - Ontario.ca

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