Foreign Direct Investment

Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.

Sault Ste. Marie proudly hosts a number of foreign-owned businesses, and the community embraces these companies with open arms.

These businesses receive the full support of City Council and staff, senior levels of government, the City of Sault Ste. Marie Economic Development team and the community at large. With this support and the competitive advantages found here, these international companies have thrived in Sault Ste. Marie.

Success stories include:

Building partnerships between local businesses and the global market is crucial, particularly during challenging economic times when companies may have to find a new customer base to stay afloat and prosper.

For this reason, the City of Sault Ste. Marie Economic Development team focuses much attention on fostering international relationships, global logistics and regional partnerships. Its International Relations & Global Logistics Strategy consists of the following goals:

Update to Welcome to Sault Ste. Marie: Welcome to Sault Ste. Marie is what we look forward to saying to you. Please contact our Economic Development team at [email protected] to find out how Sault Ste. Marie makes sense for your company's operations. In the meantime, to learn more about our community, please continue exploring our website.