Ottawa was chosen Monday to host the four-day One Young World summit in 2016, winning a competition to hold the event.
Organizers also announced that Bangkok, Thailand will host the 2015 summit, where 1,300 young leaders are to gather before the baton is passed to Ottawa.
The two cities won against submissions from Hong Kong and Kobe, Japan.
One Young World is a UK-based not-for-profit organization that was founded in 2009 with the aim of bringing together the brightest young people from around the world to create positive change.
Ottawa's bid was supported by the federal government, Ottawa Mayor Jim Watson and several Canadian companies.
Guest counsellors for past gatherings have included former UN Secretary General Kofi Annan, activist and musician Sir Bob Geldof and Sir Richard Branson.
The 2016 event runs from Sept. 28 until Oct. 1.