Provincial and federal tax credits can reduce the after-tax R&D spending by almost half. That makes Mississauga's knowledge clusters in technology, communications and life sciences very compelling. Even better, in Mississauga these innovation clusters are surrounded by some of the largest financial institutions and funding partners in the world. Because while R&D is good, bringing great ideas to market is what drives prosperity.
Over 1/3 of adults in Mississauga have university degrees. This concentration of university-educated residents is among the highest in Canada. And what that leads to is good for business: above national average household incomes, more diversity of employment, more stability.
There are 38,000 international students in Mississauga. That creates its own unique cluster both culturally and from a business perspective. Thanks to the global networks of the people who study here and live here, we're always plugged in to what's happening in real time everywhere in the world.
We're no slouch when it comes to business management for the knowledge economy. The University of Toronto Institute for Management and Innovation is located here as are the marketing and international business programs of Sheridan College. Mississauga is where the talent keeps coming..
University of Toronto Mississauga’s Health Sciences Complex houses the Mississauga Academy of Medicine, one of the most advanced sites for training family medicine and community-based primary care physicians in Canada.
In Mississauga, the natural order of things is straight-forward; education and curiosity generate groups of like-minded, bright people who cluster to create the outcomes of a knowledge economy. Engineers, micro-biologists, masters of design, purveyors of best practices in all manners of commercial enterprise: we are building everything new here. We have ample post-secondary education in close proximity to sustain and grow our supply of great talent - we also have the experienced professionals every economy needs. So while Mississauga may be one of the youngest, most highly-educated cities in North America, we're also pleased to report we have the resident expertise to steer that youthful enthusiasm in the right direction.