The most suitable cities for entrepreneurs

The most suitable cities for entrepreneurs

Where is it profitable for business people to live in Canada?

Entrepreneurs are one of the most desirable categories of visitors to Canada. There are separate immigration flows for them, there are benefits for them, and in general, the government tries in every way to encourage business development in the country.

Globe and Mail journalists, conducting their own study of Canadian cities, have prepared a list of the 20 most optimal cities for starting and running a business. Priority in this rating is given to economic factors, transportation infrastructure and low taxes. The authors of the list assumed that entrepreneurs focus on professional growth more than on their family life.

Top 20

  1. Regina, Saskatchewan (population 247,200, expected to grow 12% by 2028);
  2. Vancouver, British Columbia (population 704,179, expected to grow 7.4% by 2028);
  3. Ottawa, Ontario (population 1,097,206, expected to grow 10.2% by 2028);
  4. Saanich, British Columbia (population 128,212, expected to grow 5.1% by 2028);
  5. North Vancouver, British Columbia (population 161,469, expected to grow 6.9% by 2028);
  6. Burnaby, British Columbia (population 276,690, expected to grow 10.6% by 2028);
  7. Squamish, British Columbia (population 23,457, expected to grow 24.2% by 2028);
  8. Winnipeg, Manitoba (population 797,004, expected to grow 9.2% by 2028);
  9. Calgary, Alberta (population 1,422,893, expected to grow 9.3% by 2028);
  10. Pickering, Ontario (population 100,765, expected to grow 14.5% by 2028);
  11. Penticton, British Columbia (population 38,791, expected to grow 13.7% by 2028);
  12. Port Coquitlam, British Columbia (population 69,759, expected to grow 7.2% by 2028);
  13. New Westminster, British Columbia (population 87,416, expected to grow 10.7% by 2028);
  14. Oakville, Ontario (population 224,133, expected to grow 17.1% by 2028);
  15. Yellowknife, Northwest Territories (population 23,567, expected to grow 10% by 2028);
  16. Langley, British Columbia (population 171,727, expected to grow 9.3% by 2028);
  17. Saskatoon, Saskatchewan (population 292,365, expected to grow 11.3% by 2028);
  18. Victoria, British Columbia (population 95,384, expected to grow by 5% by 2028);
  19. Waterloo, Ontario (population 128,240, expected to grow 15.8% by 2028);
  20. Abbotsford, British Columbia (population 164,634, expected to grow 8.9% by 2028).

Entrepreneurs are looking for a thriving economy, good infrastructure, networking opportunities, affordable transportation and a business-friendly environment. Major cities in British Columbia are leading the way on these indicators.

The creators of the ranking published another general list of the best cities, as well as lists for young professionals and families with children. However, the ranking for businesspeople is the only one that included a locality from the Northwest Territories.

In total, the researchers collected data on 439 cities, each with more than 10,000 residents. The scores were influenced by 43 different factors from 10 categories: economy, housing, demographics, health, safety, security, education, community, amenities, transportation and climate.

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