$165 Million Investment Expected to Create Up to 300 High-Skilled Jobs in Ontario
TORONTO, Ontario (June 15, 2026) — Invest Ontario welcomed ZS’s decision to expand its operations in the province with the creation of a new Engineering Labs in Toronto, a $165 million investment expected to create up to 300 high-skilled jobs over the next three to five years.
The project will support ZS’s long-term growth in Ontario while strengthening the province’s artificial intelligence, digital health and life sciences ecosystem.
ZS, a global management consulting and technology firm, is establishing the Engineering Labs to advance its use of emerging technologies, including artificial intelligence, to support healthcare, pharmaceutical and biotech clients. The investment highlights the growing role of AI in helping companies scale operations, accelerate innovation and expand high-value work.
Project Highlights
- $165 million investment in Toronto
- Up to 300 high-skilled jobs expected over the next three to five years
- New Engineering Labs to support ZS’s advanced technology capabilities
- Focus on artificial intelligence, digital health and life sciences
- Support for healthcare, pharmaceutical and biotech clients
- Expansion of Ontario’s innovation and knowledge-based economy
- Strategic location providing access to North American clients
ZS Selects Ontario for Talent, AI and Life Sciences Strengths
ZS selected Ontario for its strong pipeline of highly skilled talent and the strength of the province’s AI, digital health and life sciences ecosystem. A Toronto-based operation provides the company with access to North American clients while supporting continued growth in a globally competitive market.
By establishing its Engineering Labs in Toronto, ZS is expanding its AI-enabled capabilities and strengthening its presence within Ontario’s innovation ecosystem. The project is expected to create high-value jobs and reinforce Ontario’s position as a destination for advanced, knowledge-based investment.
“As global competition for technologies intensifies, companies are increasingly seeking stable, reliable and competitive conditions to develop and scale their products,” said Hon. Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “ZS’ decision to establish its new Engineering Labs in Toronto is a strong vote of confidence in Ontario’s world-class STEM talent and AI ecosystem. We look forward to seeing their lab support the current and future needs of our life sciences and digital health sectors.”
Engineering Labs to Support AI, Data and Digital Innovation
The new Engineering Labs will help ZS advance digital, data and AI solutions across its client segments. The project represents a strategic investment in the talent and capabilities needed to help clients innovate and transform at scale.
“The ZS Engineering Labs in Toronto represents a strategic investment in AI talent and capabilities needed to help our clients innovate and transform at scale,” said Mahmood Majeed, Principal, Head of Technology at ZS. “Ontario offers a powerful combination of technical expertise, collaborative institutions, and a strong innovative ecosystem, making it an ideal location for advancing digital, Data and AI solutions across our client segments.”
Invest Ontario Supports Strategic Business Expansion
Invest Ontario worked with ZS to advance the project through strategic advisory services, including benchmarking analysis comparing operating costs across Ontario locations. The agency also helped build connections with local governments, universities and ecosystem partners, while providing guidance on potential provincial and federal support programs to facilitate growth.
The project reflects Invest Ontario’s role in helping global companies evaluate opportunities, connect with key stakeholders and scale long-term operations in the province.
“Ontario continues to demonstrate that it can deliver the talent, capability, and predictability companies need to grow,” said Khawar Nasim, CEO of Invest Ontario. “This investment strengthens our position in AI, digital health, and life sciences, and reflects our ability to compete for knowledge-based projects that translate into jobs, investment, and long-term economic growth for Ontario. At Invest Ontario, we work alongside companies as they grow, engage key stakeholders and connect with the ecosystem they need to scale successfully and build long-term operations in Ontario.”
About Invest Ontario
Invest Ontario is the dedicated agency for investment attraction in the province. The agency serves as a partner and one-window access point for global businesses considering Ontario, providing expertise and tailored services throughout the investment journey.
With a focus on advanced manufacturing, life sciences and technology, Invest Ontario works to secure strategic investments that create jobs, generate returns to the province and support Ontario’s long-term economic growth and global competitiveness.
For more information, visit InvestOntario.ca.
About ZS
ZS is a management consulting and technology firm that partners with companies to improve life and how we live it. The firm transforms ideas into impact by bringing together data, science, technology and human ingenuity to deliver better outcomes for all.
Founded in 1983, ZS has more than 15,000 employees in more than 40 offices worldwide. To learn more, visit zs.com or follow ZS on LinkedIn.
