City outlines a plan to shape a competitive, inclusive, sustainable, and future-ready economy
February 11, 2026
Path to Prosperity 2030 includes five pillars, supported by 15 objectives and 51 actions:
- Build a competitive and business-friendly environment
- Strengthen economic diversification and agility
- Accelerate innovation and sector-led growth
- Invest in future-ready talent
- Foster and promote vibrant communities
The Strategy arrives at a time of significant global change. Businesses and workers are navigating geopolitical instability, shifting trade patterns, the emergence of artificial intelligence, and climate pressures. Informed by extensive stakeholder consultations – including more than 200 voices from local businesses, entrepreneurs, education institutions, and community organizations – the Strategy outlines practical actions to help businesses, entrepreneurs, and workers respond to challenges and opportunities, while also strengthening Mississauga’s ability to attract talent and encourage investment.
Path to Prosperity 2030 builds on previous strategies and achievements, which expanded business investment promotion to markets in the U.S., Europe and East Asia; opened IDEA Square One in 2023 – a space dedicated to supporting small business, entrepreneurship, and early-stage company growth; launched the Invest Mississauga brand in 2024; developed the Partners in Trade plan to help residents and businesses respond to disruptions from U.S. tariffs; and introduced programs and services to support growth within life sciences, technology, creative industries, and advanced manufacturing sectors.
The Strategy also incorporates recommendations from the City’s recently approved Retail Strategy to encourage a healthy and diverse retail sector. Path to Prosperity 2030 advances both retail and creative industry growth as part of building vibrant experiences and communities, strengthening Mississauga’s ability to attract talent and investment.
“The world is changing fast, demanding bold action and fresh thinking. Path to Prosperity 2030 is our commitment to an inclusive, sustainable, and prosperous future – investing in businesses, entrepreneurs, youth, and workers, while creating thriving communities where commerce and culture flourish together. With our valued partners, we will collaborate to unlock opportunity, accelerate innovation, and ensure Mississauga remains a business-friendly city that leads on the world stage.”
– Carolyn Parrish, Mayor, City of Mississauga
“Path to Prosperity 2030 charts a bold course for a globally competitive, inclusive, sustainable, and future-ready economy. By building a competitive business environment, investing in skills and capabilities, and creating vibrant communities we are shaping the conditions for talent, entrepreneurs, and businesses to succeed.”
– Christina Kakaflikas, Director of Economic Development
Implementation of Path to Prosperity 2030 will be lead by Invest Mississauga, the City’s Economic Development Division, in collaboration with partners, including internal City departments, local businesses, industry associations, education institutions, and community organizations.
Read the full strategy to learn more: https://www.investmississauga.ca/wp-content/uploads/2026/02/Invest-Mississauga-Path-to-Prosperity-2030.pdf