Ontario Premier Doug Ford and Minister of Finance Vic Fedeli have wrapped up a visit to New York City.
The pair met with business leaders and investors to share the message that the province is open for business.
Ford called the post-budget visit a chance to work with American partners to bring good jobs and new investments back home to Ontario.
Ford and Fedeli showcased Ontario's competitive advantages for private sector investment. Highlights of the tour included meetings with decision-makers from companies including Cognizant, Clarifai, Information Builders, Candid, Wayfair, Weight Watchers, NBC Universal, the Bank of Japan, and MKP Capital Management.
"This month, our government delivered a budget that sends a clear message to the world — we are serious about fiscal sustainability and we are committed to creating a pro-jobs and a pro-growth environment in Ontario," said Fedeli. "These are the promises we made to Ontarians and our government's plan will deliver on those promises."
The U.S. is Ontario’s largest trading partner, with two-way trade valued at CAD$390.1 billion in 2018.
Nearly nine million American jobs depend on Canada-U.S. trade and investment and close to 400,000 people cross the Canada-U.S. border daily.
The Ontario Job Creation Investment Incentive will lower Ontario’s average marginal effective tax rate to 12.6 per cent in 2019 — about two-thirds of the U.S. average.
