Ontario province in Canada invites Indian companies to invest in its industries

The province of Ontario in Canada has laid out a red carpet for Indian companies to Invest in its industries. To attract Indian businesses, a statement by Kathleen Wynne directs attention Ontario’s competitive environment with corporate tax, a talented pool of worker options and a strong financial structure to being a gateway to a North American Free Trade Agreement (NAFTA) market worth over US$ 20 trillion.

Kathleen O’Day Wynne is a Canadian member of parliament and the 25^th Premier of the Province of Ontario. Ms. Wynne was in India in an official capacity to encourage investment from Indian companies to invest in its territories. She, in her statement, bring into spotlight the industries of Information and Communications Technology, Agriculture and Food technology, Life Sciences, Film and Entertainment, and Automotive industry as the prime sectors to invest in. Ms. Wynne was in India to attend the Global Business Summit, New Delhi, held on the 29^th and 30^th last week.

She also med Indian Prime Minister Narendra Modi to speak on ‘shared priorities and areas for future collaboration’, as the Canadian region is concentrating a lot more on collaboration with foreign regional governments in urban renewal projects and sustainable development. She said that India and Ontario have a lot in common including commitment to invest in developing key business industries. She observed that India is a young nation that is increasingly educated, has developed knowledge based economies and high aims of development in all sectors.

Presenting at the event she said that its vibrant capital of Toronto is a perfect place for investment in a stable business environment to start a new business or invest in existing ones. To explore your options to investment in Canada and for more news updates on Canadian immigration related articles, subscribe to our newsletter at y-axis.com.

Original Source: Economic Times.Indiatimes