Press Release
Program Expanding to Include More Locations and Provide Increased Support
August 16, 2016
Ministry of Economic Development and Growth
Ontario is helping municipalities compete globally and attract new jobs and development by enhancing a provincial program that certifies industrial lands as ready for development.
The Investment Ready: Certified Site program can help get projects off the ground faster by marketing sites that have undergone rigorous due diligence to international investors. It gives potential investors easy access to important property information such as availability, completed environmental assessments, utility costs and transportation access.
Ontario is making several changes to the program to make it easier for businesses and municipalities to participate:
Ontario now has 16 certified sites. The program recently led to retailer Giant Tiger buying one of these sites in the Township of Edwardsburgh/Cardinal in Eastern Ontario. It is building a 600,000 square foot state-of-the-art distribution centre on the property, which is expected to support up to 300 jobs in the region.
Helping communities across the province attract new investment is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
Quick Facts
Additional Resources
Quotes
“Ontario is already a pioneer in Canada when it comes to site certification. We listened carefully to municipalities about how to build on Investment Ready’s success. I am confident these improvements will help attract more jobs and investment to communities across the province.”
Brad Duguid
Minister of Economic Development and Growth
“Investment Ready provided an excellent return on investment for us. The program encourages efficient site selection and helps projects get off the ground faster.”
Mayor Patrick Sayeau
Township of Edwardsburgh Cardinal
Media Contacts
Andreas Kyprianou
Communications Branch
andreas.kyprianou@ontario.ca
416-325-2479
Jessica Hume
Minister’s Office
jessica.hume@ontario.ca
416-325-7569
IBF3
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