BRAMPTON, ON (September 13, 2023) – For a third year, the City of Brampton has been ranked as one of Canada’s top 20 locations to invest by Site Selection Magazine. Competing on an international stage, Brampton maintains its place on the list.
The City of Brampton’s economic development office is one of 75 accredited economic development organizations in the world to be recognized as an Accredited Economic Development Organization (AEDO). The AEDO program recognizes the professional excellence of economic development organizations. Through its dedicated team, the office strives to establish favourable conditions to attract businesses and support them as they grow.
Brampton’s central location in Canada’s Innovation Corridor and talented workforce are key components in attracting investment, jobs and new businesses to the City. Brampton continues to focus its economic development efforts on the City’s key sectors: innovation and technology, advanced manufacturing, food and beverage processing and health and life sciences. Some of the most recent investments include:
- Axium Packaging Inc. is investing over $80 million for a new plastics manufacturing facility that will create 250 new jobs.
- Lululemon, a popular athleisure clothing company, announced that it is building its largest distribution facility in North America, right here in Brampton. The facility will bring 1,500 jobs to Brampton.
- MDA Space, a space robotics company, announced a $100 million investment for its new global headquarters and centre of excellence for space robotics.
- Magna International is expanding its operation in Brampton, building a new facility that will manufacture battery trays for electric vehicles. This facility will create 560 new advanced manufacturing jobs in Brampton.
Site Selection Magazine considers the total corporate facility projects and their associated capital investment and job creation numbers over a period from April 2022 through March 2023 to determine their top 20 list.
The full results and more information about the rankings are available here.
Quotes
“We are thrilled to be recognized by Site Selection Magazine as one of the best locations in Canada to invest for a third year. The City’s Economic Development team continues to work tirelessly to offer a red carpet service that helps expedite investment, promoting Brampton as a prime location to invest on a national and international scale. As we continue to focus on building the right conditions for economic growth in Brampton, we are committed to supporting businesses in achieving their goals.”
Patrick Brown, Mayor, City of Brampton
“Brampton is one of the fastest-growing cities in Canada. We have so much to offer businesses seeking a new place to invest. Our prime location and dynamic, young and talented workforce are our greatest advantage in attracting economic opportunities. We are proud to be once again named as one of Canada’s top 20 locations to invest by Site Selections Magazine.”
Gurpartap Singh Toor, Regional Councillor, Wards 9 & 10; Chair, Economic Development, City of Brampton
“This award recognizes Brampton’s tremendous economic development through business investment and job creation. We are focused on continuing this trend by providing businesses with a concierge service and creating the best climate for investment in the province”.
Marlon Kallideen, Chief Administrative Officer, City of Brampton
Be in-the-know about Brampton’s business community
Sign up for our quarterly e-news and everything EDO here.
Explore Brampton Economic Development’s webinars.
Invest Brampton is also on X (Formerly Twitter) and Instagram and has a news blog.
Contact us! Learn more about Invest Brampton here.