As Canada’s seventh-largest city, Mississauga has our eyes firmly set on the future. Our city, our people and our businesses are focused on ensuring our local economy not only recovers but thrives in a post-pandemic world. By applying an innovation and sustainability lens to everything we do, we will help future-proof our economy and build a more resilient city of the future.
The good news is that Mississauga is already a leader on these fronts. We have been working for years to foster an innovation ecosystem to cement our position as an innovation hub on the Toronto-Waterloo tech corridor and put ourselves on the map as a global magnet for innovative business, research, and academics.
As the second-largest employment hub in the GTA and home to over 98,000 businesses, we are an economic powerhouse. In fact, we are home to over half a million jobs and are growing rapidly. Over the past two years, despite the challenges we’ve faced, Mississauga gained nearly 13,000 net new jobs through new investment and business expansion.
IDEA Mississauga, our city’s collaborative campaign to spur local innovation and economic development, will be the cornerstone and the catalyst in helping maintain our global competitiveness. It’s where the future is being invented.
Mississauga will create an innovation ecosystem with hubs across the city that will not only help entrepreneurs come up with the big ideas, but commercialize and bring them to market. With plans well underway for the first two locations at Square One in our downtown and Lakeview along the waterfront, these hubs will be magnets for entrepreneurs and tech giants, and will create thousands of highly skilled jobs in the key sectors we’re invested in growing – Life Sciences, Clean Tech and ICT.
Our ability to attract new business and support those already invested in Mississauga to scale up and expand will be critical in driving our economic prosperity and creating the groundwork for our innovation ecosystem to grow and thrive.
I want to commend Mississauga’s business community for your resiliency, your courage and your commitment to doing business in our City. Together, we will build back better, because innovation lives in Mississauga.
