Immigration.ca - Canada Immigration News - April 2009
A new survey has ranked five Canadian cities among the best in the world when it comes to standards of living.
The survey, conducted each year by the Mercer consulting company, is designed to help firms and governments worldwide place employees in the global market by ranking over 200 cities on varying factors ranging from cost of living to infrastructure.
Vancouver, Toronto, Ottawa, Montreal and Calgary were all placed higher in the rankings than any American city, with Vancouver being the top North American city and ranking fourth overall in the world.
Toronto and Montreal remained in the same positions as last year at 15 and 22, respectively. Ottawa moved up three positions to land at 16th spot while Calgary was down one to 26 on the list.
A representative from the firm who worked on the study said, however, that the recession is decreasing the amount of internationally-stationed workers.
“As results of the current financial crisis, multinationals are looking to review their international assignment policies with a view to cutting costs,” said researcher Slagin Parakatil. “Many companies plan to reduce the number of medium to long-term international assignments.”
Sources: Globe and Mail
