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13.6%
- FDI into Canada continued its strong trajectory in 2022, outpacing the 10-year average by 13.6%.
fdi2022.investcanada.ca/facts-figures
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Did FDI grow in Canada in 2022?
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How did FDI perform in 2022?
How did foreign direct investment in Canada perform in 2022?
Foreign direct investment (FDI) to Canada continued to grow at a healthy pace in 2022, surpassing the 10-year average. This section provides the numbers and analysis using reported data from Statistics Canada and FDI activity data.
The year 2022 was another pivotal year for foreign direct investment (FDI) in Canada. FDI continued its 10-year growth trajectory, reaching $64.6 billion. While this falls short of 2021 levels when FDI reached a 15-year high of $82.3 billion, a look behind the numbers reveals important results.
Apr 28, 2023 · The stock of foreign direct investment in Canada grew 6.0% (+$71.6 billion), reaching $1,263.9 billion at the end of 2022. The increase was due to equity investments, primarily reinvested earnings by foreign direct investors in their existing Canadian affiliates as profits of these firms also reached unprecedented levels in 2022.
Canada's net direct investment position with the rest of the world reached $725.7 billion at the end of 2022, up $128.2 billion from 2021, as growth of Canadian direct investment abroad continued to outpace growth of foreign direct investment in Canada.
Canada attracted the highest per capita foreign direct investment in the G7 and the third most total FDI in the world in the first three quarters of 2023. Attracting strong FDI partners is integral to driving growth, supporting productivity and boosting innovation in Canada.
As 2022 came to a close, foreign direct investment (FDI) in Canada remained steady with Statistics Canada reporting quarterly net inflows of $17.2 billion in the fourth quarter of 2022, a figure 21.5% higher than the 10-year quarterly and 17% greater than the five-year quarterly average.
With the first quarter (Q1) of 2022 now behind us, it’s becoming apparent that foreign direct investment (FDI) in Canada is continuing its strong performance. Statistics Canada reported last week that Canada attracted nearly $20 billion in net FDI inflows in Q1 2022.
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related to: Did FDI grow in Canada in 2022?Canada offers incentives and tax credit programs to companies looking to expand to Canada. Canada is the best country in G20 for doing business. Contact us to learn more!