Business delegation will look to bolster province's economic ties with Asia
TORONTO—Ontario Premier Kathleen Wynne is heading to Japan and South Korea to help drum up investment in Ontario and strengthen economic ties between Canada’s most populous province and the two Asian heavy-hitters.
The mission will include a business delegation from Ontario and focus on opportunities in the automotive industry, as well as in the information and communications technologies (ICT) and life sciences fields. Last year, trade between Ontario and Japan totalled more than $11 billion, while shipments to and from South Korea reached $6 billion.
“With the business delegation from Ontario, we will attract new investment to our province and lay the foundation for future partnerships between governments and the private sector to secure our continued economic growth,” Wynne said in a statement late last week.
Wynne will become the first Ontario premier to visit Seoul in 30 years.
The trade mission will take place between late November and early December.