Ontario Investing in New R&D Lab in Ottawa
Province Investing in Information and Communications Technology Sector to Create Jobs
Ontario is partnering with Qlik to invest in technology and grow its business, creating more than 100 new jobs and retaining six positions.
Qlik is a data visualization and business intelligence software company. With $1.5 million in support from the Eastern Ontario Development Fund, Qlik will establish a lab in Ottawa focused on developing software for cloud computing, analytics and business intelligence. The new site will be the first Qlik R&D location in Canada. The project has a total value of over $22 million and is expected to be completed by December 2019.
The Eastern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. The fund was the model for the successful Southwestern Ontario Development Fund. Since 2013, these two funds have helped to create and retain more than 32,100 jobs and attracted approximately $1.58 billion in investment.
The funds cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources. This leveraging of private sector investment provides enhanced value for taxpayers.
Investing in eastern Ontario businesses is part of the government's economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario's history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
- Ontario ranks second after California in North America in terms of the number of information and communication technology (ICT) establishments, and ranks sixth by number of employees.
- The ICT industry contributes around $31 billion annually to Ontario’s GDP.
- Since 2013, the government has committed over $35 million through the Eastern Ontario Development Fund, leveraging a total investment of more than $380 million. These investments are helping to support over 6,500 jobs in the region.
- Ontario is accepting applications for the Eastern Ontario Development Fund from qualified businesses that are growing and creating jobs. Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
- Ontario’s five-year, $400-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.
“I am thrilled Qlik is bringing their first R&D site in Canada to Ottawa and creating so many new jobs for the people of eastern Ontario. Companies like Qlik are growing our knowledge-based economy by creating good jobs and pursuing innovations that will help them stay competitive in today’s global economy.”
“I’m pleased our government has this opportunity to partner with Qlik. Today’s announcement advances Ontario’s economic strategy to foster long-term growth, and I look forward to seeing the positive impact this project will bring to the people of Ottawa.”
“We are pleased to partner with the Ontario government on this project. With its proximity to the U.S. market, skilled workforce, quality of life and government incentives, Ottawa was the perfect location for our new R&D site. When I think about the opportunity that Qlik has going forward to continue disrupting the enterprise software market, I know we’re going to have many great years ahead of us. I’m confident that our presence in — and commitment to — Ottawa will play a major role in that vision.”