Toronto is 4th most livable city in world: Economist

Toronto 4th most liveable city in the world according to economist

By Ilan Joseph, Broker, ABR®, e-PRO®, AMP® | TopTorontoAgent.ca
August 29, 2013 | © All rights reserved

Toronto 4th most liveable city in the world according to economist

Toronto, Calgary and Vancouver round off the top 5 most liveable cities in the world

Toronto is the fourth most liveable city on the planet, according to the Economist Intelligence Unit.

Three of the top 10 most livable cities in the world are Canadian.

Vancouver, Toronto and Calgary are third, fourth and fifth, respectively, on the list compiled annually by the Intelligence Unit of the business and political weekly magazine The Economist. That’s also where they stood last year.

Both Toronto and Vancouver won perfect 100-point scores for stability, healthcare and education. The 100-point score for infrastructure The Economist gave Melbourne and Vienna propelled them to first and second place on the list.

Melbourne has been the top city on the livability list since 2011, when it squeezed out Vancouver. Toronto and Calgary have traditionally been in the top five as well.

The Economist bases its ratings of 140 cities on 30 factors across five categories: stability, healthcare, culture and environment, education and infrastructure.

Seven of the top 10 cities are in Canada and Australia, which the Intelligence Unit points out reflects them being mid-sized cities in wealthier countries with relatively low population density and good healthcare and education.

The other cities on the top 10 list, from fifth through ninth, are Adelaide, Sydney, Helsinki and Perth.

Half of the bottom 10 cities are in Africa: Douala, Cameroon; Tripoli, Libya; Algiers, Algeria; Harare, Zimbabwe and Lagos, Nigeria.

Syria’s capital of Damascus ranks dead last because of the civil war tearing apart the country. Damascus also registered the biggest decline in livability over the last five years, by more than 20 per cent.

The livability list also highlights the cities with the most improved scores over the last five years. Bogota, Colombia, improving the most: by 7.9 per cent since 2008, because of an end to violence created by the drug trade and guerrilla activity. (source)

If you have any questions about the home buying process or would like some information about the TorontoVaughan or Thornhill real estate market, feel free to contact me.

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ilan joseph toronto real estate brokerIlan Joseph is a Real Estate Broker with Sutton Group and is co-founder of a 10-person award-winning Toronto, Thornhill and Vaughan real estate team.

You can find him on LinkedIn, Twitter, YouTube and Google+.

For over 10 years, Ilan has provided more than 1500 buyers and sellers valued advice and service, enabling them to reach their real estate goals. He’s kind of like the Bruce Willis of real estate.

 

 

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