the economist global city competitiveness index

Vancouver, British Columbia - Ranked #5 Globally Interested in learning more about Calgary? Check out our Calgary city guide. Calgary is also only a 90-minute drive from the Rocky Mountains, with incredible camping, hiking, and skiing. The city is bustling and offers a range of activities and cultural experiences, like the world-famous Calgary Stampede, but Calgary is less diverse than both Vancouver and Toronto.

The only factor in the EIU ranking where Calgary fell below Vancouver and Toronto was for the category of culture & environment. This is about 40 percent cheaper than Vancouver, whose average cost for the same apartment is $2,260. As of July 2022, renting a one-bedroom apartment in downtown Calgary averages approximately CAD $1,372 per month. As such, much of Calgary’s economy is tied to the energy sector.Īffordability of housing is a major attraction for new arrivals to Calgary. The province of Alberta is Canada’s largest oil and natural gas producer, accounting for around 80 percent of Canada’s total oil production. Perhaps most notable is Calgary’s energy sector. It is the largest city in Canada’s Prairie provinces, acting as an economic hub for the region.Ĭalgary’s economy is diverse, supporting a range of industries. Calgary, Alberta - Ranked #3 GloballyĬalgary is the third-most populous city in Canada, with a population of around 1.3 million. Let’s dive into Canada’s Top Three cities. While all three cities score highly in each category, it is notable that all three received a perfect score of 100 in the categories of healthcare and education, demonstrating the high quality systems Canada has in place to manage both of these domains of public life. Calgary scored a perfect 100 in the infrastructure category while Toronto and Vancouver lagged slightly behind, possibly due to the lack of affordable housing in both cities. Three Canadian cities made the Top 10 with Calgary outranking both Toronto and Vancouver.

The EIU explains these rankings are because “life is almost back to normal in these cities on account of high covid-19 vaccination rates and the easing of restrictions.” Canada’s Top Three Cities The Top 10 list is dominated by cities in Canada and Western Europe.

The economist global city competitiveness index