Invest Ontario

Ministry

Economic Development, Job Creation and Trade

Background

Invest Ontario Act, 2021 (opens a new window)

Function

Invest Ontario is an agency focused on securing high-value business investments for the province. The agency will pursue investments that create jobs and new revenue streams for Ontario, with an initial focus on the Advanced Manufacturing, Technology and Life Sciences sectors. The agency will help Ontario position itself for growth in a highly competitive global marketplace. Invest Ontario will be essential in an era where competing jurisdictions are becoming more aggressive in securing major investments that generate jobs and growth. 

Membership

The Corporation will be composed of the members of its board of directors, who will manage or supervise the management of the business and affairs of the Corporation. The board of directors will be composed of up to 13 members who are appointed by the Lieutenant Governor in Council on the recommendation of the Minister. The Minister designates one director as a chair of the board and one other director as vice-chair of the board. 

Term

A director holds office for a term not exceeding three years and maybe reappointed for successive terms not exceeding three years each. 

Remuneration

Appointees are remunerated according to Schedule A, Level 2 of the Agencies and Appointments Directive except for the Chair who is remunerated at a rate set by the Lieutenant Governor in Council.

Appointments & Vacancies