Earlier this week, we partnered with the Mississauga Board of Trade to host our latest Economic Leadership Series. Held in Mississauga, the session was organized to help local business and civic leaders develop regional priorities that will contribute to the provincial agenda and drive economic activity.
Five main priorities were identified for Mississauga, from a business perspective:
1. Develop a more efficient public transit system
As one of the main barriers to economic growth, a better public system would help create better access for the labour force and increase employment in the region.
2. Drive entrepreneurship
Establishing industry clusters and promoting education and government partnerships would help drive entrepreneurship and increase productivity and growth for the region.
3. Conduct a labour market study
Conducting a study to understand the labour market in the region would help to ensure employees have the necessary skills employers need.
4. Offer municipal tax incentives for targeted industries
Targeting specific industries through municipal tax credits would help increase innovation and attract new companies, especially manufacturing companies and start-ups.
5. Increase revenue to the City of Mississauga by attracting greater business investment
Increased revenue to the City through the attraction of new business would allow for the funding of new infrastructure projects and other high priority economic development items.
