Foreign multinationals investing in Canada to become an innovation nation

Companies including IBM, Cisco Systems, and Huawei are shelling out hundreds of millions of dollars.
Barrie, Ont. Mayor Jeff Lehman, left, and then-IBM Canada president John Lutz at the opening of IBM Canada's Leadership Data Centre in Barrie on Sept. 21, 2012.
TORONTO—With free trade, foreign multinationals are no longer here to get around high tariff walls. Instead, they are here as part of their global innovation strategies, making them significant players in Canadian efforts to become an innovation nation. Here’s why. Canada has a reputation for h...

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