Quote:
Originally Posted by Blease
Ever heard of Mississauga, the large and sprawling multicultural municipality, located on the outskirts of Toronto, which has always been popular with those looking for reasonably priced suburban sized houses and yards, but within commuting distance to Toronto. In recent decades the municipality sought to shed its suburban image and to that end built its own downtown. If this description sounds eerily similar to Surrey's relationship with Vancouver, it's not a coincidence and urbanologists have often compared Surrey's growth trajectory to Mississauga's. Distance wise, Mississauga is as far from dt Toronto as Surrey is from dt Vancouver. So in response to WarrenC12's question, let me quote directly from Wikipedia:
"Over 60 of the Fortune 500 companies base their Global or Canadian Head Offices in Mississauga. Some of the strongest industries are pharmaceuticals, banking and finance, electronics and computers, Aerospace, transportation parts and equipment industries.[36]
Citibank Canada has 2 corporate IT development centres in Mississauga. TD Bank Financial also has 3 Corporate IT development centres in the city along with Royal Bank of Canada. Microsoft Canada is also located in Mississauga. Laura Secord Chocolates is headquartered in the city, and Hewlett Packard's main Canada offices are also in Mississauga.[37] Air Georgian, a regional airline, is headquartered in Mississauga.[38] Air Canada Jazz operates a regional office in Mississauga and Kam Air has its North American office in Mississauga.[39][40] Mississauga is also an aircraft development hub with Canadian headquarters of Aerospace companies such as Magellan Aerospace and Honeywell Aerospace.[41] In addition Walmart Canada, Target Canada, kellogg's Canada and Panasonic Canada have their Canada head offices in the city.[42][43]"
https://en.m.wikipedia.org/wiki/Mississauga
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Yah that came to mind but Warren's point I think is did those businesses migrate out of Toronto? Or did they simply choose Mississauga. AKA was it Toronto shedding AAA commercial space and that space migrating to Mississauga?
I'd find it more likely that it is simply an expansion of that AAA space to the suburb but without seeing statistics I'd be surprised if Toronto didn't add more new space than Mississauga in the same period of time.
I do think that could happen with Burnaby, Surrey, and possibly areas of Richmond in the future where if 1 or more become prominent with some big names you may see new companies headquarter in the suburbs rather than downtown.
You could see some migration of businesses themselves at some stage, say Finning International from downtown to Surrey Central seeing as the bulk of their business is actually focused out in the valley. But that space wouldn't vanish it would be taken pretty quickly. I'd call that an expansion of space rather than a migration of space personally.
Migration to me is when you lose something at the origin.