August 18, 2016

The Economist ranks Vancouver as the 3rd Most Livable City in the World

According to the Economist Intelligence Unit’s (EIU) Global Liveability Ranking, which scores 140 cities on five lifestyle categories, six of the top 10 livable cities in the world are in Australia and Canada.

You can download the report, “A Summary of the Liveability Ranking and Overview” here

Melbourne ranked first, Vienna was second and Vancouver third, with Toronto, Calgary, Adelaide and Perth rounding up the top seven, though the scores differentiating the quality of life in the top 15 to 20 cities were marginal.

Cities were ranked on categories including stability, healthcare, culture and environment, education and infrastructure, but cost of living wasn’t taken into account.

What the top ranked cities had in common was being situated in relatively wealthy countries with good health and education systems, good quality infrastructure and they tended to be medium-sized, and had low population densities.

For example, the report pointed out the population densities in Australia and Canada are 3.1 and 3.9 people per square kilometer.

Simon Baptist, chief economist at the EIU, told CNBC by phone that these cities were able to provide the necessary amenities needed for a higher standard of living, without suffering from congestion.

Read more on CNBC.com

10 most livable cities in the world

  1. Melbourne, Australia
  2. Vienna, Austria
  3. Vancouver
  4. Toronto
  5. Calgary
  6. Adelaide, Australia
  7. Perth, Australia
  8. Auckland, New Zealand
  9. Helsinki, Finland
  10. Hamburg, Germany

The Economist Intelligence Unit

The Economist Intelligence Unit

 

Did you know?

  • British Columbia is one of the top two designated financial centres in Canada.
  • You may be eligible for a refund of BC corporate tax on income from international business activities.
  • BC has a lower tax rate than Hong Kong and Singapore.
  • All five of Canada’s largest banks have significant operations in BC.
  • BC has some of the lowest corporate taxes in North America.