Mr. Speaker, I rise in the House today to proudly announce a benchmark achievement by the city of Mississauga, the ninth largest city in the country and the fastest growing at half a million in population.
Mississauga led the country in 1994 in issuing almost $1 billion worth of building permits for 4,400 new residential units and 2.2 million square feet of industrial commercial floor space.
Corporate head offices continue to find Mississauga an ideal place to locate because of the attractive tax and hydro rates and the proximity to Pearson International Airport. They include Sunbeam Corporation, Siemens Electric and Mary Kay Cosmetics.
The value of these permits represents a 37 per cent total increase over the previous year and a 30 per cent increase for the industrial commercial sector.
The prosperity and phenomenal growth in Mississauga is yet one more signal that Mississaugans and Canadians are confident in the Prime Minister and the Liberal government.