The City of Mississauga is developing a new Economic Development Strategy.
Business and innovation | June 17, 2019
The City of Mississauga is developing a new Economic Development Strategy. The five-year strategy focuses on attracting businesses, employment and investments opportunities to Mississauga.
“While the success of our last strategy resulted in Mississauga becoming a city in demand, the reality is a lot has changed in the world of business and in our City over the last ten years. If we want to remain competitive, create jobs and attract global business and talent, we need a strategy that will build on our success and propel Mississauga into the future,”
said Mayor Bonnie Crombie. “Every day, we create 27 new jobs in our city and we are quickly becoming known as a hub for innovation, and the home to a growing tech, and film and television sectors. At the same time, we continue to grow our life sciences, advanced manufacturing, clean tech, finance, and food and beverage sectors into leading clusters in Canada. Our City is magnetic and I’m confident this new strategy will position us to seize these opportunities for future growth while ensuring we remain one step ahead of the competition.”
The City of Mississauga has hired Hatch to provide economic research and consultation services to help inform the strategy. The City will work with Hatch, the business community and residents to develop a new blueprint that truly reflects the needs and opportunities facing Mississauga’s business community.
“The end result will be a new Economic Development Strategy that not only meet the needs of today, but also positions Mississauga for future growth, success and innovation,” says Bonnie Brown, Director of Economic Development. “The strategy will also identify opportunities for partnerships and collaboration and will guide EDO’s economic priorities and allocation of resources.”
The City will engage with local business leaders during the study and provide an opportunity for the public to share their insights throughout the process. Once the consultation period has concluded, the strategy will be presented to Council for final approval.
Local businesses and residents are encouraged to visit yoursay.mississauga.ca/EDstrategy to learn more and to access the latest stakeholder events and strategy updates that will help shape the city’s future.