Whether you’re looking for mild weather or wild riches, MoneySense has found the cities that are tops for Canadians. For the complete ranking turn to the issue on newsstands starting today or visit www.moneysense.ca.
Toronto, April 28, 2008 — Lévis, Winnipeg, Burlington and Vancouver are the newest members of Canada’s 10 Best Places to Live.
Those four cities join six returning cities — Ottawa, Victoria, Fredericton, Kingston, Moncton and Halifax — at the top of MoneySense’s third annual ranking of Canada’s Best Places to Live.
This year’s guide to Best Places to Live is bigger and better than ever. Spanning 154 communities, up from 123 last year, MoneySense’s ranking now considers new factors such as air quality, and breaks out separate listings for best weather, best places to retire, most prosperous communities and most affordable communities.
Unlike most city rankings, MoneySense’s evaluation is based purely on the numbers. “We look beyond pretty scenery or hot restaurants to find the places that deliver the best quality of life to residents,” says Ian McGugan, MoneySense editor. “Our methodology spans everything from home prices and weather to crime rates and the availability of medical care.”
While many cities had similar rankings to last year, there were some notable shifts. Toronto, which was No. 12 in our 2007 ranking, plunged to No. 51 in this year’s survey, largely as a result of flat population growth, relatively high crime rates, and high housing prices in relation to income. On the other hand, Swift Current, Sask., soared from No. 61 to No. 22, and Estevan, Sask., climbed from No. 68 to No. 34, thanks to booming local economies and lower crime rates.
MoneySense’s top ten “Canada’s Best Places to Live”
The surprise? Our overall winner, Ottawa, didn’t finish in the top 10 in any individual category. Its path to victory consisted of being above average on most things, but excellent in nothing. For a detailed description of methodology, and to find out where other cities finished, see the complete rankings at www.moneysense.ca.
MoneySense is Canada’s personal finance and lifestyle magazine. Packed with smart features, practical advice and easy-to-follow financial tips on everything from home improvement to mutual funds, an average MoneySense issue attracts 892,000 Canadians on the lookout for new ways to save, invest and spend. MoneySense.ca is Canada’s best all-around personal finance Web site.
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