Italian companies consider Ontario for business opportunities
Sept. 20, 2009
The 49-person business delegation from Italy was headed by Lombard’s president Roberto Formigoni and took part in an event hosted by the Ontario government to promote its investment advantages. It was held at the province’s state-of-the-art Ontario Investment and Trade Centre (OITC).
“Lombardy and Ontario (www.ontariocanada.com) bear striking similarities,” noted Minister of International Trade and Investment Sandra Pupatello in an address to a business delegation from the northern Italian province a few months ago. “Both jurisdictions are the economic engines of their countries, with a highly skilled work force, and an innovative economy.”
In her opening remarks, Minister Pupatello noted that Ontario is one of the fastest-growing jurisdictions in the industrial world and among North America’s top three financial services hubs (Toronto), surpassed only by New York and Chicago, as well as being ranked in the top three North American manufacturing jurisdictions by employment (after Texas and California).
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