Canada’s ‘cities of opportunity’ rival the world’s best
Career and business opportunities are propelling the world’s top talent to relocate to “cities of opportunity,” the results of a new study suggest.
Europe’s relocation expert Movinga recently ranked the 100 best employment and startup hubs around the globe for diverse talent.
The cities were evaluated based on their economic opportunities both for established businesses and startups; living standards (disposable income, healthcare benefits); and the inclusion of women, youth, and expats in their workforce.
While Boston was recognized as the world’s best city to find a job, three Canadian cities – Calgary, Vancouver, and Toronto – emerged this year to rival the best of the best.
Calgary ranked third overall with a total score of 6.787 out of 10, trailing behind Boston (6.822) in the top spot and Munich (6.814) in second place.
The Alberta city scored high on employment opportunity (8.36); expat employment rate (8.45); and women’s opportunity for advancement (7.25).
Vancouver, which ranked 25th overall, was cited as one of the world’s best cities for young people to find career (8.39) and business/startup (7.82) opportunities. The city garnered a youth opportunity score of 8.24.
Toronto, landing at no. 48 overall, also scored high on youth opportunity (7.95) and women’s opportunity (7.97).
“By highlighting those cities around the globe with a thriving entrepreneurial scene as well as a high quality of life, this study offers an excellent reference for talented young jobseekers looking to take their skills abroad,” said Finn Age Hänsel, managing director at Movinga.