Foreign direct investment continues to enter Canada at a steady pace. In Q3 2022, FDI inflows reached $18.7 billion, 31% greater than the five-year quarterly average and on par with the investment levels from the first two quarters of 2022. By investment type, Reinvested Earnings contributed the lion’s share of FDI inflows, capturing 72.2% of the total with $13.5 billion, an increase of 18.1% compared to the previous quarter.
The United States remains the biggest single source of investment in Q3 2022, at 37.1%. Over 50% of FDI inflows came from four European countries: Switzerland (18.4%), the Netherlands (16.9%), France (8.7%), and Luxembourg (7.5%) together account for over half of FDI inflows for the third quarter of 2022.
Here is a sampling of regions across Canada welcoming businesses from around the world, while committed to supporting growth of homegrown firms.
Alberta: Connected To Your Markets
What do companies like Amazon, GoodLeaf Farms, and De Havilland have in common? They’re all proud to call the province of Alberta home.
Located in western Canada with a population of nearly five million, Alberta is the fourth largest province in the country. Renewable energy, food processing, aviation, and advanced manufacturing companies are taking advantage of Alberta’s diverse innovation expertise to build a more sustainable and equitable world.
Albertans enjoy high average wages, the lowest income tax brackets in Canada, low utility costs, and low housing prices. Quality public healthcare and education systems allow business owners to build their wealth while enjoying the communities they work and live in.
Not only is it affordable to live in Alberta, but commercial real estate is reasonably priced. Edmonton and Calgary, two major urban centers, have plenty of quality commercial space available and the lowest downtown office Class A rental rates in the country. Rural communities across the province boast innovative manufacturing, food processing, energy, and logistics facilities that can scale to meet a company’s ambitious growth plans.