Mississauga is Canada's
6th largest city with population of more
than 704,000. It is 3rd largest FIRE (Finance, Insurance, Real Estate cluster).
The Greater Toronto's FIRE sector including Mississauga is 3rd largest
in North America and amongst largest in the world.
Mississauga is one of Canada's Best Cities to live as per
MoneySense's Canada Best Cities to live 2008 report.
Mississauga is the home to Pearson International
Airport, Canada's largest airport and only city in GTA, with access to seven major highways. Read
Mississauga's
economic indicators.
Average Household income is $97,480 per annum, above both provincial and
national averages.
Mississauga is also the safest city to live in Ontario with
lowest crime rates.
Over 53,000 businesses, 440,000 employees and 51 of Fortune 500 Canadian head offices
are in Mississauga.
Over 82.35% of Mississauga's resident labour force has
post-secondary education.
Mississauga has more than 480 parks and woodlands for you to
discover. Some parks provide a serene and tranquil setting where you
can enjoy passive recreational pursuits while others boast a variety
of active recreational facilities.
Mississauga's extensive trail system offers everyone the perfect
way to get active. Trails can be used for walking, cycling, jogging,
inline skating and even cross country skiing during the winter
months.
Key business sectors: Biomedical/ Pharmaceutical, FIRE, Consumer Products,
Information Technology, Automotive, Aerospace and Financial Services.
Telecommunication: 100% digital switching using state of art
technology. Major centre for successful call centres.
Top Mississauga Employers.
Mississauga Involves Its People At Every Step
Video of City's Symposium- Feb 2008
With
Mississauga's Strategic Plan 2000 for the New Millennium in place, Mississauga will continue to be the community that people want to call home in the 21st century.
The City of Mississauga and Project for Public Spaces (PPS) have
developed a vision for the
revitalization of public spaces in and around downtown
Mississauga, with particular focus on the new parks and
public
spaces in the City Centre. Cultural diversity of linguistics and
high degree of cultural integration makes Mississauga a primary
location of choice for back office operation, for all sectors.
Mississauga waterfront is unique and a valuable asset that is being
strategically planned, developed and maintained. Mississauga's 22
waterfront parks vary in size, use and features. To ensure a
sustainable waterfront parks system, the City of Mississauga's "Waterfront
Parks Strategy" gives clear direction on how to improve upon
existing links, amenities, features and uses of Mississauga
waterfront parks.
Real estate update: Mississauga is nearing the end of its life for suburban
residential
development. Housing in the Churchill Meadows is the only big
project that is nearing with the exception of many
condominiums in Mississauga
Square One , that will be the next big thing.
Ontario's 12.5 million people make it Canada's most populous and
dynamic province. Its share of Canada's GDP for 2004 was 40
per cent and it is Canada's leading manufacturing province
accounting for 52 per cent of the total national manufacturing
shipments in 2004. The prospects for Ontario's economic growth are
bright over the longer term with real output forecast to rise by 2.3
per cent in 2006 and 2.5 per cent in 2007. This growth will foster
strong job creation and rising incomes. Employment in Ontario stood
at 6,359,600 in March 2006. 81,200 net new jobs were created in
Ontario in 2005. Job creation is expected to rise by 85,000 in 2006,
and 209,000 in 2007-2008. CPI inflation in Ontario was 2.2 per
cent in 2005, and is forecasted to be 2.1 per cent in 2006, and 1.8
per cent in 2007.
Over the next 30 years, the number of people living in Ontario is
expected to grow by approximately four million. The McGuinty
government is committed to ensuring that this growth contributes to
prosperous, healthy and diverse communities in all parts of the
province.
On June 13, 2005, the Places
to Grow Act, 2005 received Royal Assent. Primarily, the Growth Plan
attempts to prevent urban sprawl, revitalize urban centres, and
reduce congestion by intensifying growth in existing urban areas and
requiring new development to make provisions for transportation
alternatives such as transit, walking, and cycling.
Highlights
By 2015, 40% of all new residential development, occurring
annually within each municipality, will have to be within
already built-up areas. Identifies 25 "urban growth centres" to
be targets for higher amounts of growth.
Establishes various minimum density targets for new
development.
Restricts conversion of employment land uses to
non-employment uses.
Restricts the expansion of areas designated for development
by municipal Official Plans.
According to the Growth Plan, the entire region is expected to
grow by 3.7 million people by 2031, with 75% of that growth
occurring in the Greater Toronto Are (GTA). The largest increases in the GTA will be
experienced in the Regions of Peel (up 59%), Durham (up 81%), York
(up 97%), and Halton (up 100%). The Cities of Toronto and Hamilton
will also see significant increases (19% and 29% respectively).
Almost 5 million people live the GTA.
Employment in the GTA will also see significant increases by 2031
with more than 1.3 million more jobs, a 47% increase. Once again,
the largest increases will be experienced outside of Toronto, with
Peel up 64%, Durham up 84%, York up 100%, and Halton up 105%.
Toronto and Hamilton will see employment increases of 14% and 43%
respectively.
The key strategy is to increase the capacity of existing built-up
areas. Therefore, the Growth Plan requires that, by 2015, 40% of all
new residential development, occurring annually within each
municipality, be within already built-up areas.
In addition, the Growth Plan establishes 25 specific areas as
targets for growth, which includes
Mississauga City Centre. As the primary areas for growth, these so-called
“Urban Growth Centres” will be the focus for transit and
infrastructure investments. By 2031, development in these urban
growth centres will be required to achieve minimum density targets
that are higher than other areas.
New development in Urban Growth Centres in Toronto will be required
to meet a target of 400 people and jobs combined per hectare. New
development in Urban Growth Centres in the GTA will be required to
meet a target of 200 people and jobs combined per hectare. New
development in Urban Growth Centres outside of the GTA will be
required to meet a target of 150 people and jobs combined per
hectare.
The Growth Plan acknowledges that not all of the expected population
and job growth can be accommodated within existing areas. Some
growth will occur on “greenfields”, areas.
