Les investissements directs vers l’étranger ont un effet positif sur l’emploi au Canada
There is no empirical study on the effects of outward foreign direct investment (FDI) on domestic employment in Canada. This note explains the importance of examining this issue and proposes a series of preliminary results on this question from the analysis of the effect of FDI on employment in 35 metropolitan regions, 16 sectors, and 20 years. The results show that outward FDI have a positive effect on local employment, indicating a form of complementarity between foreign investments and domestic employment. This complementarity is more pronounced in the extraction, manufacturing, and professional services sectors. It is also more pronounced when investments are directed towards OECD member countries. The complementarity between outward FDI and local employment suggests that policies supporting outward FDI could be considered on par with export support policies or policies to attract inward FDI to Canada.