Press Release

June 24, 2024

Leadership team changes at Invest Ontario


TORONTO, ON After more than three years leading Invest Ontario, Trevor Dauphinee will be leaving to explore new opportunities

Michael Fedchyshyn, an experienced member of the organization’s leadership team, will now serve as an interim CEO to ensure a smooth transition and to continue the good work of the organization while the Board conducts an executive search.

Since the creation of Invest Ontario, the organization has thrived, bringing billions of dollars of investment into the province. Trevor’s leadership has been crucial to the organization’s early success, and an enormous benefit to all Ontarians.

In fiscal year 2022 alone, ending on March 31, 2023, Invest Ontario secured $1.77 billion in investments, creating 2,297 new jobs and generating $279 million in tax revenue. For every $1 of provincial support, there has been $26 in private investment. Further, the close out of the 2023/24 fiscal year will add substantially to the amount of investment already brought to Ontario by the Agency.

Invest Ontario will continue to serve as a critical partner for businesses seeking strategic growth in the province.


“Invest Ontario has seen enormous success over the last several years, working with businesses across the world to bring billions of dollars of investment to Ontario. I’d like to thank Trevor for his leadership and key role in the creation of the Agency. I wish him all the best as he moves into the next chapter of his career.”

Hon. Vic Fedeli

Ontario’s Minister of Economic Development, Job Creation, and Trade

“Since its inception Trevor as CEO has played an instrumental role in the creation and growth of Invest Ontario. Trevor’s leadership, hard work and commitment to excellence is reflected in the world class team and exceptional success of the agency. On behalf of the Board I cannot thank him enough for his service, and commitment to ensuring an economically strong and prosperous Ontario.”

Andrew MacLeod

Chair of the Board, Invest Ontario

About Invest Ontario

Invest Ontario is the dedicated agency for investment attraction in the province. We serve as global businesses’ partner and one-window access to Ontario, providing expertise and tailored services throughout their investment journey. With a focus on the advanced manufacturing, life sciences and technology sectors, we are committed to securing strategic investments that create jobs, generate returns to the province and drive Ontario’s long-term economic growth and global competitiveness.

Media Contacts

Gabriella Siciliano

Senior Manager, Communications and Marketing, Invest Ontario


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