Economic Development Strategy & Foreign Direct Investment Action Plan-City of Pickering

Pickering – located directly east of Toronto - is poised for dramatic growth with a current population of 95,000 and expected to grow to 190,000 by 2031. The City is also well-established as a center for the key sectors of EN3 (energy, engineering and environment), advanced manufacturing, and logistics. However, the dramatic planned growth represents both and opportunity and a challenge for the City as it looks to establish a new and sustainable identity for economic growth.

By better understanding the economic ecosystems already in place, looking toward future opportunities and risks, and then bringing people together to chart a path forward, the new Economic Development Strategy will be a roadmap. This will allow the City and its stakeholders to better guide a variety of activities, including but not limited to business attraction, retention and expansion, employment and mixed-use land development, and potential industry sector targets.