May 5, 2011
The rankings factor in a wide array of criteria – from broadband access and cultural vibrancy to tax rates and natural disaster risk.
The perhaps misnamed Big Smoke led the field in air pollution, business trip index, sports and leisure activities, workforce management risk and, perhaps most importantly, life satisfaction and quality of living.
As PWC writes in their report on Toronto and the other three cities immediately following New York (San Fransisco, Stockholm, Sydney), “livability and balance mark these four cities. Arguably that’s just ‘the right stuff’ for a world less dependent on geography and historic connections and more reliant on holistic approaches to attracting and keeping creative minds and businesses that will build the future with fresh eyes.”
Of particular note to anyone interested in the development industry is that Toronto also bested the competition in the field of skyscraper construction activity.
Behind New York, Toronto and the other three previously mentioned towns was (in descending order) London, Chicago, Paris, Singapore, Hong Kong, Houston and LA. Toronto was the only Canadian city analyzed.