Last Updated on January 24, 2019
Three Canadian cities rank amongst the top five in the world in terms of livability, according to the latest report from the Economist Intelligence Unit.
Vancouver, Toronto and Calgary each placed third, fourth and fifth, respectively, in the rankings, which was based upon such factors as infrastructure, education, healthcare, culture and stability.
Calgary Mayor Naheed Nenshi says that his city’s unexpectedly high ranking proves that the “boom” of the mid-2000s is not waning anytime soon.
“[Calgary has a] thriving business community, and a vibrant cultural scene that is attracting people from around the world,” said Mayor Nenshi upon hearing about the rankings.
Montreal also made the list, ranked 16th overall. Melbourne and Vienna topped the list.
Though many reports of this kind are released each year, the Economist Intelligence Unit’s findings are held in special regard by the business community, which could likely benefit Canada economically, say experts. Investors and entrepreneurs are more likely to want to come to Canada if they learn about the strong healthcare and education systems in place.
“It’s certainly circulated to an audience of potential investors and investors that may be interested in relocating to our city,” said City of Toronto strategy director Randy McLean. “Certainly it’s encouraging.”
Source: National Post