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City of Mississauga 2009 Economic Overview Mississauga Summit Post Secondary Education Task Force. What we do …. Economic Development Office (EDO) Business attraction & retention Business analysis & information Issue resolution/partnerships

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city of mississauga 2009 economic overview mississauga summit post secondary education task force

City of Mississauga 2009 Economic OverviewMississauga SummitPost Secondary Education Task Force

what we do
What we do …

Economic Development Office (EDO)

  • Business attraction & retention
  • Business analysis & information
  • Issue resolution/partnerships
  • Small business start-up, info and guidance [MBEC]
mississauga highlights
Canada’s 6th largest city

3rd largest in Ontario

Population 730,000 growing to 840,000

Debt-free. Approx. $546 million in reserves

AAA credit rating from S&P - 5 years in a row

“Canada’s safest city” for 8th year in a row

Canada’s largest and busiest airport, Toronto Lester B. Pearson International Airport

Top 5 North American Large Cities for Best

Foreign Direct Investment Strategy

Mississauga Highlights
mississauga business community
Over 55,000 businesses

Employing more than 453,000 people

Net importer of labour

A broad and diverse range of industries

1,300 multinational companies

Mississauga Business Community
slide5

International Companies in Mississauga

USA 804

Germany 98

United Kingdom 82

Japan 76

France 41

Switzerland 36

Sweden 21

Italy 21

China 13

Denmark 14

The Netherlands16

mississauga businesses by employment
Mississauga Businesses by Employment

Distribution of Non-Retail Businesses by Employment Range

Source: 2009 Mississauga Business Directory

slide8
61 US Fortune 500 Companies with

Canadian Head Office in Mississauga

28 top 100 canadian innovation leaders in mississauga
28 Top 100 Canadian Innovation Leaders in Mississauga
  • BCE [Bell Canada]
  • Pratt & Whitney
  • AECL [Atomic Energy of Canada Ltd.]
  • Bombardier
  • GSK [GlaxoSmithKline
  • Research in Motion
  • Ericsson
  • Pfizer
  • Biovail
  • AstraZeneca
  • Novartis
  • CGI
  • Wyeth
  • Honeywell
  • MDS Pharma
  • Mitel Network
  • Cangene
  • Petro-Canada
  • Vasogen
  • Emergis
  • Psion Teklogix
  • Xerox
  • EXFO
  • CNC Electronics
  • ratiopharm
  • Azure Dynamics
  • Teck Cominco Metals
  • Xstrata Technology

Source: RE$EARCH Infosource Inc., 2007 - Mississauga Business Database

target growth sectors
Target Growth Sectors

Life Sciences

Finance/ Insurance & RE

Information & Communication Technologies

Auto/Aero

recent announcements openings
Recent Announcements/Openings
  • Cyclone Manufacturing, 90,000 sq. ft. expansion,133 new jobs
  • Takeda, Japanese Pharma., Canadian H.O. 25,000 sq. ft.
  • Amgen, Bio-pharma, Canadian H.O., 57,700 sq. ft., 170 employees
  • Fronius Canada Ltd., Canadian H.O., 22,000 sq. ft.
  • Sheridan College, New Mississauga Campus
  • University of Toronto Mississauga, 130,000 sq. ft. expansion
  • Voith Hydro, Expansion, new high-tech manufacturing facility
  • Microbix Biosystems, H.O. and manufacturing
  • Bank of Montreal, 250,000 sq. ft., 1,600 employees
  • Research in Motion, Software Development Centre, 270,000 sq. ft.,
  • Wind Mobile, Call Centre, 100 + employees
value of building permits 2005 2009
Value of Building Permits 2005 - 2009

Billions

$ in billions

*January- July 2009

city s new strategic plan
City’s New Strategic Plan

Our Vision for the Future

Mississauga will inspire the world as a dynamic and

beautiful global city for creativity and innovation, with

vibrant, safe and connected communities; where we

celebrate the rich diversity of our cultures, our historic

villages, Lake Ontario and the Credit River valley.

A place where people choose to be.

going forward
Going forward …
  • Economic Development Strategic Review 2010