Canadian Research Drives Success of Global Telecommunications Giant Sweden’s Ericsson among Canada’s top R&D investors Canada’s sophisticated telecommunications industry continues to attract investment from global leaders such as Ericsson. In 1953, the Swedish multinational corporation established Ericsson Canada, a wholly owned subsidiary. Today, the company employs more than 2,700 Canadians; in 2008, Ericsson invested $126 million in R&D in Canada. This investment continues to pay off handsomely for the company: Canadian employees have contributed 330 patents to Ericsson’s portfolio since 1986. Products and services developed in Canada are included in Ericsson offerings around the world. Ericsson Canada maintains facilities in Vancouver, Toronto, Ottawa and Montréal; the R&D centre in Montréal is Ericsson’s largest outside of Sweden and accounts for approximately 5% of Ericsson’s total annual R&D expenditure. Ericsson Canada also fulfills worldwide mandates in the development, testing and support of wireless networks and advanced end-user multimedia services. Ericsson recognizes that Canada offers an ideal environment for the company. Along with a skilled workforce, relatively low cost of living and generous R&D tax credits, Canada also boasts a number of exceptional academic institutions. Ericsson works closely with several of these, including Concordia, McGill and l’Université de Montréal in Quebec, and the University of Toronto. Ericsson [www.ericsson.com] is yet another global leader that finds opportunity in Canada. Additional Facts Ericsson has invested a total of more than $2 billion in Canada during the past 10 years. Founded in Stockholm in 1876, Ericsson today employs approximately 14,000 people across North America. More than 40% of all mobile traffic routes through Ericsson’s networks. For more information, visit www.investincanada.com or contact us via Telephone: (613) 996-2000 Fax: (613) 996-9276 or Email at email@example.com Note: Unless otherwise stated, all values are expressed in Canadian dollars.
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