KPMG’s biennial Competitive Alternatives 2014 report was recently released and measures business costs and other competitive factors in over 10 countries and 100 cities. The study measures the combined impact of 26 key cost components that vary by location, over a 10-year analysis horizon, starting in 2014.
Internationally, Canada places first for cost competitiveness amongst mature markets. Within Canada, the two major cities evaluated were Montreal and Toronto. In both cities, the greater metropolitan area of each was compared, aggregating Mississauga into Toronto’s results, thus contributing to Canada’s rankings.
As the Research Analyst in the City’s Economic Development Office, I look to independent reports such as Competitive Alternatives 2014 to identify Mississauga’s global standing. As Mississauga’s global presence strengthens and our knowledge economy grows, I continue to see national strengths that support our value proposition for global business investment and our efforts to attract and retain a highly skilled and talented labour force.
For full access to the report, please visit:
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