Guelph, Ont., April 10, 2017– Guelph has ranked tenth best small city for foreign direct investment in fDi Magazine’s American Cities of the Future. The only Canadian city to make the overall top ten list, Guelph also came in fourth in human capital and lifestyle, and eighth for business friendliness.
The bi-annual rankings are completed by fDi Intelligence, a division of the Financial Times. Guelph was ranked against 209 small cities with populations ranging from 100,000-350,000. Ranking criteria included over 95 data points in the categories of economic potential, business friendliness, human capital and lifestyle, cost effectiveness and connectivity.
“Guelph ticks all the right boxes: a great location; an outstanding university and college; a skilled labour pool; and a supportive business environment. We’re also one of Canada’s safest and most liveable cities. It’s no wonder we’ve been called “the little city that could!” says Mayor Cam Guthrie.
“Guelph’s investment readiness is guided by forward-thinking planning and economic development strategies,” says Scott Stewart, Deputy CAO, Infrastructure, Development and Enterprise Services, City of Guelph. “Our unique business partnerships, welcoming business community and local business services continue to create an environment for new business opportunities and possibilities in an ever changing marketplace.”
Recent foreign direct investor, Synexis Canada, chose Guelph for its Canadian headquarters last December. “Guelph has everything going for it right now, which makes it the prime location for our Canadian operations,” says Eric Scholte, Chief Executive Officer and Director, Synexis Canada. “Not only is it functionally advantageous being centrally located in a fast growing region, but the support we received from like-minded business services and institutions can’t be duplicated. I look forward to more opportunities to invest in this great community, as we continue to grow in the Canadian market.”
About fDi Magazine:
fDi Magazine is the flagship publication for the fDi Intelligence portfolio and is published by the Financial Times Ltd.
Launched in 2001, fDi Magazine is firmly established as the leading title for the business of globalisation. Published bi-monthly with an ABC audited circulation of 15,284 active corporate readers, fDi Magazine provides senior decision-makers with an up-to-date image of the ever changing global investment map.
fDi Intelligence, a division of the Financial Times Ltd, is the largest FDI centre of excellence globally. Specialising in all areas relating to foreign direct investment and investment promotion, the full suite of services includes: location advertising to generate brand awareness; industry-leading intelligence tools to develop FDI strategies and identify potential investors; and tailored FDI events and investor roundtables to meet target companies and generate business leads.