Dundas Square in Toronto
by paul dex
Toronto and Mississauga did very well in Foreign Direct Investment Magazine’s “Cities of the Future” assessment of North and South American cities. This ranking reflects the economic potential of Toronto and Mississauga for foreign investments.
According to the magazine, only three cities from the North American category outrank Toronto: New York, Chicago, and Houston. There are several key factors of Toronto’s success, such as quality of life, economic expectations and opportunities, well-developed infrastructure, and marketing strategy.
The fourth place in the ranking of “large cities of the future” went to Mississauga. The main advantages of Mississauga are its economic development and infrastructure, according to the survey.
Ranking this highly in a competition of 405 cities throughout the Americas is a great result for our region. It is a great incentive for our cities to strive to be even better in the future.