Ontario Promotes Key Sectors During Trade Mission to Texas

Mar 15, 2023

TORONTO — The Ontario government has concluded a successful trade mission to Texas to promote the province’s growing automotive and technology sectors and to explore new opportunities for investments and job creation. The mission, led by Vic Fedeli, Minister of Economic Development, Job Creation and Trade, included the province’s participation in the annual South by Southwest (SXSW) conference, an annual global event to celebrate the convergence of tech, film, music, education and culture.

“When it comes to ensuring that Ontario remains a top destination for global investors looking to expand their operations, our government is leaving no stone unturned,” said Minister Fedeli. “We’re rolling up our sleeves and meeting with companies on the ground to strengthen relationships and bring good-paying jobs to Ontario. In a time of global economic uncertainty, we are taking nothing for granted.”

From March 10 to 14, the province’s delegation, which included several Ontario organizations, met with leading companies in the automotive and technology sectors to promote the province as an ideal place for companies to invest and expand their operations. Meetings were held with executives from Tesla, Dell Technologies, ESO Solutions and other organizations, as well as Texas Secretary of State, Jane Nelson.

Ontario’s delegation also participated in SXSW, an internationally recognized conference that attracts a wide range of global tech companies, looking for opportunities to connect, learn and develop new partnerships. Ontario continues to attract new investments in the tech sector, which is growing 350 per cent faster than Silicon Valley.

With its competitive economy, world-class workforce, state-of-the-art research and development facilities, and abundant critical minerals, Ontario continues to be a prime location for businesses to invest and grow.

Source : ontario.ca
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