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Mississauga’s Economic Development Office Receives Industry Recognition

Oct 30, 2009

The City of Mississauga is being recognized for its life sciences brochure by the International Economic Development Council (IEDC) with an honourable mention at IEDC's Annual Conference.

“We are very pleased that our City has been honoured in this way. The life sciences sector is one of our strongest knowledge sectors and continues to increase employment and opportunities in the City,” said Mayor Hazel McCallion. “This brochure helps us promote our economic strength to the world."

Competing in the category of special purpose brochure by organizations with populations exceeding 200,000, IEDC says Mississauga's A Profile of Mississauga's Life Science Cluster - Life Sciences Focus publication made a notable impression.

McCallion added that this recognition is effective in increasing Mississauga's profile as a leading life sciences centre and provides a credible platform to promote Mississauga nationally and internationally. Mississauga has the third largest life sciences cluster in Canada, with more than 375 companies, employing approximately 25,000 people.

“Furthering economic development in the midst of a global financial crisis is nothing less than arduous," said Ian Bromley, IEDC chair. "We tip our hats to the City of Mississauga for its superior work during these difficult times."

According to Larry Petovello, director of the Economic Development Office, access to exceptional talent with 21 nearby universities and colleges, as well as our strategic location and the synergy that exists among our life sciences’ companies allows this sector to continue to be a driver of innovation and growth in Mississauga.

The brochure is available online at http://www.mississauga.ca/portal/business/keysectors.

The Economic Development Office was also given an award by Site Selection magazine for being one of the Top 10 Economic Development organizations in Canada.

About IEDC
The International Economic Development Council (IEDC) is headquartered in Washington, DC. Its mission is to provide leadership and excellence in economic development for communities, members and partners. IEDC's professional economic development awards annually recognize excellence in the economic development profession.

About Mississauga
As Canada’s sixth largest city, Mississauga is home to 730,000 residents and 55,000 businesses, including 61 Fortune 500 companies with Canadian head offices or major divisional head offices. A diverse, progressive and award-winning municipality located on the shores of Lake Ontario in the heart of the Greater Toronto Area, Mississauga is one of Greater Toronto's Top 90 Employers for 2010. Enhancing its citizens’ quality of life by providing superior services, revitalizing its infrastructure and conserving the environment, Mississauga is committed to innovation, operational excellence and fiscal responsibility which is reflected in its motto: “Leading Today for Tomorrow."

The 2010 Olympic Torch Relay will Travel through Mississauga
Join in the excitement!Saturday, December 19, 2009







Media Contact:
Alexis Fung Fook
Public Affairs Consultant
Phone: 905-615-3200
TTY:    905-896-5151
Email:   alexis.fungfook@mississauga.ca


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