BRAMPTON, ON (June 18, 2021) – Today, fDI Intelligence, a division of the Financial Times (UK), announced the results of its American Cities of the Year Awards, with the City of Brampton ranking sixth in the Top 10 Mid-Sized American Cities of the Future category.
Brampton also ranked second in the Top 10 Mid-Sized American Cities of the Future – Connectivity category, and twelfth in the Top 25 American Cities for FDI Strategy category.
Brampton’s Foreign Direct Investment (FDI) efforts continue to focus on the City’s key sectors: Innovation and Technology, Advanced Manufacturing, Food and Beverage Processing and Health and Life Sciences. In 2020, there was an added emphasis on Business Retention and Expansion as part of the City’s FDI Strategy.
Investment is a key cornerstone of the City’s Economic Recovery Strategy, approved by Brampton City Council in May, 2020. The continued evolution of the City’s Innovation District is another key piece of the strategy. The Economic Recovery Strategy aims to bring resiliency and competitive advantage to the Brampton economy, and will help the City move forward from the COVID-19 pandemic.
This is not the first time Brampton received recognition from fDi Intelligence. The rankings renew every two years, and for the past eight years, Brampton has consistently won or placed near the top in categories like Business Friendliness, City of the Future, Infrastructure and Connectivity.
fDi Intelligence takes five categories into consideration when ranking cities: Economic Potential, Business Friendliness, Human Capital and Lifestyle, Cost Effectiveness and Connectivity.
The full results and more information about the rankings are available here.
Quotes
“Brampton is a City of Opportunities with a competitive talent pool that is leading the way in innovation. We are proud to be recognized again by fDI Intelligence as a Top 10 Mid-Sized American City of the Future. These awards reinforce what we already know – Brampton is a world-class city and a prime location for global businesses to invest.”
- Patrick Brown, Mayor, City of Brampton
“As we begin to reopen and move forward from the impacts of the COVID-19 pandemic, investment will play a key role in bringing resiliency and competitive advantage to the Brampton economy. We are proud to again be recognized by fDI Intelligence for their American Cities of the Year Awards, and welcome all foreign companies to learn more about what makes Brampton a leading city of the future.”
- Martin Medeiros, Regional Councillor, Wards 3&4; Chair, Economic Development, City of Brampton
“Investment is a key cornerstone of the City’s Economic Recovery Strategy, and Brampton is dedicated to positioning itself as an innovative city and prime investment location for business around the world. We welcome fDI’s recognition that Brampton is a Top Mid-Sized City of the Future. As a world-class city, we mean business, and look forward to welcoming foreign investment in our community.”
- Paul Vicente, Regional Councillor, Wards 1&5; Vice-Chair, Economic Development and Culture, City of Brampton
“Brampton is a City of Opportunities, and with our prime location on Canada’s Innovation Corridor and our competitive workforce, we continue to establish ourselves as an optimal location for foreign businesses to land. On behalf of staff at the City of Brampton, I want to express our pride over being recognized again by fDI Intelligence as a prime investment location, and welcome foreign business to reach out to our dedicated Economic Development staff to discuss all that Brampton has to offer.”
- David Barrick, Chief Administrative Officer, City of Brampton
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As one of the fastest-growing cities in Canada, Brampton is home to more than 700,000 people and 75,000 businesses. People are at the heart of everything we do. We are energized by our diverse communities, we attract investment, and we are embarking on a journey to lead technological and environmental innovation. We partner for progress to build a healthy city that is safe, sustainable and successful. Connect with us on Twitter, Facebook, and Instagram. Learn more at www.brampton.ca.
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MEDIA CONTACT
Megan Ball
Senior Advisor, Media Relations,
City of Brampton
905.874.2143 | megan.ball@brampton.ca
