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Mississauga (pronounced: [misi’sagə]
incorporated in 1974, is a city of over 704,000 residents (last
exact number given in 2006 census at 668,549). Canada's sixth-most
populous municipality, located in the Regional Municipality of Peel,
Ontario. Mississauga covers 288.42 square kilometers of land. Mississauga has almost doubled in population in each of the
last two decades. It had the largest population growth in Canada
(89,500) between the census years of 1986-1991. Another 80,994 were
added between 1991-1996; an increase of 17.5%. From the 1996-2001
censuses, Mississauga gained a further 68,543 residents; an increase
of 12.6%.[4] From 2001 to 2006 the population increased 9.1%. As a
suburb, Mississauga's growth is attributed to its proximity to
Toronto.
Mississauga has been trying to create a distinctive image for itself
over the past few years. An international architectural design
competition was held in 2006 for a 50-story condominium tower that
is intended to be a landmark for the city named Absolute World. The
city is debt-free and has not borrowed money since 1978. With seven
major highways passing through the city, Mississauga offers access
to major destinations in Canada and the United States. In addition,
most of Toronto Pearson International Airport, Canada's busiest, is
located in the city. Residents of the city are called Mississaugans.
Mississauga is home to more than 18,000 companies ranging from
corporate head offices and industrial branch operations to corner
store retail businesses, and including 50 of Canada's Fortune 500.
Approximately half or 9,000 of theses businesses are in the
manufacturing, product distribution or corporate sectors.
The economic stability of Mississauga is enhanced by thousands of
small and medium-sized businesses. A large percentage of these
employers have fewer than 50 employees.
In Mississauga there is a trend away from traditional manufacturing
and towards: light assembly, warehouse distribution, and general
services. The strong industries in Mississauga are: pharmaceuticals,
electronics, computer, chemical and transportation parts and
equipment industries.
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