Toronto, Mississauga win 'cities of the future' ranking
Toronto and Mississauga have defined themselves as `cities of the future,` according to a survey of North and South American municipalities conducted by Foreign Direct Investment Magazine.
The ranking, contained in the magazine`s latest issue, put Toronto fourth overall in the category of North American `cities of the future` ` behind New York City, Chicago and Houston. Toronto, which was also listed as one of the top 10 `major cities of the future,` earned separate nods for its economic potential, infrastructure, marketing strategy and quality of life.
Mississauga, meanwhile, placed fourth in the category of `large cities of the future,` and was also recognized for its economic potential and infrastructure.
`Mississauga is well positioned to foster international business growth and expansion,` Larry Petovello, the city`s director of economic development, said in a news release issued Monday. `[We] will continue to build Mississauga`s international profile as a sound business decision and return on investment.`
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