The love for this city and for its world class status continues to grow with yet another report ranking Toronto’s quality of living. Out of 30 international cities, Toronto ranked 3rd as the best city to live and work, according to the PwC’s Cities of Opportunity 7.
The report gives Toronto high marks for: Intellectual Capital, Innovation, Transportation, Health and Sustainability. Toronto still shows many opportunities within technology readiness and digital security domains. However, city gateway or the proximity to world markets and housing costs worked against Toronto.
Our third place finish is a step up from the 2014 study, where we ranked fourth. Now, we’re sitting right behind London and Singapore, which take the number one and two spots, respectively.
It makes us proud to see Toronto performing so well against many of these renowned global cities. Toronto’s strong performance in metrics related to quality of life and economic potential are consistent with the realities of a city that has been internationally recognized for its cultural diversity, growing community of entrepreneurs, and accessible health care system, social services and education. – Raj Kothari, Managing Partner, Greater Toronto, PwC Canada.
Here’s the full list of 30 cities: