Invest Mississauga

Invest Mississauga continued to attract new business opportunities through international outreach and business development initiatives, including a Global Affairs Canada-led mission to Zurich and London. The team also led sector-focused business engagement with life sciences, advanced manufacturing and technology industry leaders in Canada and key international markets.

Invest Mississauga welcomed the City’s film, television and music production office into its portfolio and helped advance the local creative economy. In addition, Council made the City’s live music grant program permanent, strengthening support for the cultural sector. 

IDEA Mississauga, Invest Mississauga’s entrepreneurship hub, continued to support innovation and business growth and job creation throughout 2024-25. Companies participating in IDEA programs raised more than $15 million in funding, generated $4 million in annual revenue and created 270 local jobs. The hub also welcomed a delegation of Japanese technology companies, strengthening international business connections and investment opportunities. 

Winning strategies 

The City continues to build on this momentum through Path to Prosperity 2030, Mississauga’s new economic development strategy. Complementing this work are a new retail strategy, which fosters and promotes vibrant communities while strengthening local economic resilience.  

Examples of recent investments contributing to Mississauga’s growth include: 

• Lee Li Holdings: A homegrown food and beverage company in the non-alcoholic drinks and milk alternatives market announced a $533-million investment to expand its current facility by 15,000 square feet, adding 85,000 square feet of new space and creating 275 jobs. 
• Stelumar Advanced Manufacturing: A Canadian homegrown initiative to support the national push to increase affordable housing by building prefab homes. Once complete, the 450,000 square-foot facility will employ 375 workers. 
•  Ash Grove Cement Co. and Carbon Upcycling Technologies: A groundbreaking took place for Carbon 1 Mississauga, a Canadian, first-of-its-kind commercial carbon capture use facility at the Ash Grove Mississauga Cement Plant. The Mississauga facility has been awarded up to $10 million in federal funding.
• Citibank: Citibank has been growing its operations in Mississauga, citing Canada’s skilled workforce and competitive business environment as factors in its investment decision. Last year, the company renovated its Mississauga site and hired 600 people. 
• Eisai Canada: A Japanese research and development pharmaceutical company specializing in neurology and oncology announced last year the expansion of its Canadian headquarters, growing its team to more than 100 employees. That’s an increase of 246 per cent since 2020.
• Pharmacosmos: A Danish family-owned pharmaceutical company that specializes in iron deficiency treatments. The company chose Mississauga as the site of its Canadian headquarters and plans to hire up to 50 new staff as they grow in the Canadian market.
• Barhale: A British civil engineering and tunneling specialist focused on water management and low-carbon infrastructure chose Mississauga as the site of its first Canadian office. The expansion is tied to Canada’s net-zero-by-2050 commitments and rising investment in the water sector.
• Schwank Canada: This German-owned company that manufactures industrial climate systems, such as infrared heating and air curtains, relocated its headquarters to a new space in Mississauga and grew its footprint by 50 per cent.
• Zuru: A global toy and consumer products company, Zuru chose Mississauga as its Canadian corporate hub and sales office location.

Why Mississauga? 

Mississauga has built one of Canada’s strongest and most diverse business communities. It is home to over 115,000 companies, including more than 670  multinational head offices and over 75 Fortune 500 firms. With strong sectors like advanced manufacturing, technology, life sciences, logistics and financial services, Mississauga continues to attract global investment. Companies worldwide are choosing Mississauga as their home base in Canada. 

The City’s location is also a business advantage. It’s home to Toronto Pearson International Airport, with access to a robust supply chain and global market. It features two post-secondary institutions and a skilled, diverse talent pool, making it an ideal location for growing a business. 

Invest Mississauga helps power growth and innovation 

Through Invest Mississauga, companies at every stage, from start-up to scale-up, can grow. They can access tailored data, market insights and sector-specific programs and services. They become part of a network of partners to help them make smart, timely decisions. 

IDEA Mississauga, Invest Mississauga’s team that supports entrepreneurship and small businesses, makes the city’s start-up sector stronger and more innovative. At the IDEA Entrepreneurship Hub in Square One, entrepreneurs can access mentors, partners, talent and programs designed to help their ideas become reality. 

Site Selection Magazine  

An award-winning magazine, Georgia-based Site Selection is recognized as the leading publication in corporate real estate, facility planning, location analysis and foreign direct investment.  

Read about Mississauga and other top performers in economic development in Canada. 

Quotes  

“Like Canada, Mississauga has what the world wants. As global markets shift and businesses look for stable, innovative places to invest, our city stands out as a top destination for growth. Being recognized by Site Selection Magazine for a 10th consecutive year reflects the strength of our economy, the leadership of Invest Mississauga and the confidence that companies from around the world place in our community. Mississauga’s businesses, entrepreneurs and partners are meeting global challenges and building an economy that is resilient, competitive and ready for the future.”
– Mississauga Mayor Carolyn Parrish 

“Mississauga continues to stand out as one of Canada’s top cities for business because of our commitment to creating the conditions companies need to invest, innovate and grow. From startups and scaleups to global enterprises, Invest Mississauga works alongside businesses to help them seize opportunities and succeed. Being recognized by Site Selection Magazine for the 10th consecutive year reflects the confidence investors place in Mississauga, the strength of our business ecosystem and the dedication of the team and partners who help drive growth across our city.”
– Christina Kakaflikas, Director, Invest Mississauga 

The weather system is expected to develop this afternoon and continue into the evening bringing a risk of damaging wind gusts, hail, and heavy rain. Forecast confidence is high, and residents are encouraged to stay informed and be prepared to take shelter if conditions deteriorate.

Flooding and rising water levels possible

In addition to the severe thunderstorm watch, the Toronto and Region Conservation Authority (TRCA) has issued a flood watch notice, while Credit Valley Conservation (CVC) has issued a flood outlook notice.

Heavy rainfall may cause water levels to rise quickly in rivers, streams, creeks and stormwater systems. Residents are encouraged to stay away from shorelines, waterways and other areas where conditions may become dangerous.

Reminders

Periods of heavier rain may lead to higher water levels across the city. For safety, residents are urged to:

• Stay away from rivers, creeks, stormwater ponds and Lake Ontario.
• Avoid low-lying areas that may flood quickly.
• Watch for washouts near culverts and bridges.

Driving and outdoor safety

Wet weather can create hazardous conditions. Residents are reminded to:

• Allow extra travel time.
• Slow down and leave space between vehicles.
• Drive according to road and weather conditions.
• Avoid driving through flooded roads or pooled water.
• Turn around if routes are not safe.

Pedestrians and cyclists should take extra care. Wet surfaces may be slippery and visibility may be reduced.

Fallen trees

To report a fallen or unsafe tree:

• Call 311(905-615-4311 outside city limits).
• For after-hours emergencies, call 905-615-3000.
• If a tree contacts power lines, contact Alectra at 905-273-9050.

How residents can prepare

Small steps can help reduce risk:

• Clear debris from storm drains near your home.
• Check downspouts and direct water away from foundations.
• Secure loose outdoor items.
• Prepare an emergency kit in case of power outage.

City response

The City of Mississauga is monitoring weather conditions and local waterways.

City crews will monitor storm drains and respond to flooding or water pooling. Residents can report issues online or by calling 311 (or 905-615-4311 from outside city limits). The City’s Office of Emergency Management continues to work with conservation authority partners.

Understanding weather alert colours

Environment and Climate Change Canada uses colour-coded weather alerts to help people quickly understand the level of risk. The potential risk increases from yellow, to orange, to red.

What is a flood watch or warning?

• Flood outlook: Early notice of the potential for flooding.
• Flood watch: Flooding may happen in certain areas.
• Flood warning: Flooding is happening or will happen soon.

If a flood warning has been issued, act immediately to protect yourself from danger and your home from flood damage.

Stay informed

Weather conditions can change quickly. Residents are encouraged to:

• Check local forecasts, including the Weather Networkor WeatherCAN app from Environment and Climate Change Canada.
• Follow @citymississauga, @saugaparksrec, @CVC_CAand @TRCA_HQ on X.
• Visit the City of Mississauga Newsroomfor updates.
• For flooding concerns, call 311.