FDI Report 2020 — National view

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National view

2020 in review Toggle Source Source: Pitchbook
Retrieved: June 21, 2021

The year 2020 was a challenging year for foreign direct investment, globally and here at home. However, Canada held its own. Although FDI dropped overall in 2020, investors announced 545 investments in Canada, including:

FDI projects

cross-border mergers and acquisitions (M&As)

0,0

jobs forecasted (34.8% increase over 2019, excluding M&As)

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Graphic that shows the number of projects, mergers and acquisitions and jobs forecasted. Source: fDiMarkets and Pitchbook

Actual FDI flows to Canada reached $32.3 billion in 2020, with earlier announcements of $43.2 billion by investors. This drop in FDI in 2020 was largely caused by decreased investments from U.S.-based multinationals. Total FDI stock in 2020 represented 47% of Canada’s GDP.

Invest in Canada’s role

Invest in Canada finds the best global investors looking to set up operations, expand their companies or combine forces with Canadian organizations. In 2020, Invest in Canada directly supported 14 major investment projects, with a value of over $1.2 billion, from global companies in North America, Europe, Asia and Australia. These investments covered multiple sectors of the Canadian economy, resulting in over 1,800 confirmed new jobs with more to come.

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Invest in Canada 2020 results

In 2020, Invest in Canada supported:

projects

$0.0 billion

in investments

Over

0,0

jobs

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Graphic that shows the results that Invest in Canada achieved in 2020 by number of projects, jobs and dollars invested in Canada. Source: Invest in Canada

INVEST IN CANADA INTEL

Finding the best to invest

Invest in Canada works closely with the best qualified, committed and engaged foreign investors to facilitate and accelerate positive investment decisions, ensuring more companies choose to put down roots in communities across the country.

Roche Canada Pharma headquarters, Mississauga, Ontario

“Without the support of all three levels of government, the Mississauga Board of Trade, Life Sciences Ontario and Invest in Canada, who are all active advocates for a thriving sector, this investment would not have been possible.”

Damian Siggins, Global Head of PT (Pharma Technical) Transformation and Site Head, PT Mississauga, Roche