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CFIB names Canada’s top entrepreneurial cities


October 24, 2013
By Canadian Garden Centre & Nursery

Oct. 24, 2013, Toronto — The Canadian Federation of Independent Business
has once again crowned Greater Calgary and Saskatoon the best large
communities in which to run a business.

The announcement follows the release of the CFIB's 2013 Communities in
Boom report, recognizing communities that embrace entrepreneurship by
creating an environment where businesses can thrive.

"Growing communities raise property values, utilize infrastructure more
effectively and provide residents with a greater range of economic and
social opportunities," said Ted Mallett, CFIB vice-president and chief
economist. “While we recognize communities that do this well, it’s
important to acknowledge that all Canadian cities could do much better,
particularly in addressing fairness issues around business property
tax.”

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Historically, the highest scores in Communities in Boom have gone to
urban areas that ring large urban cores. These areas are identified in
the report as "Greater" rather than "City of," which identifies the
cores themselves. Prairie cities have also typically scored well.

According to CFIB, the top 10 cities for entrepreneurs in 2013 are:

  Rank  
City
  Score  
1 Greater Calgary 68
2 Saskatoon 67
3 Greater Toronto 65
4 Greater Edmonton 64
5 Sherbrooke 62
6 City of Edmonton 61
6 Regina 61
8 Kelowna 59
9 St. John's 58
9 Saguenay 58

"Some measures of what makes a 'boom-town' are obvious, such as a high
concentration of entrepreneurs and a high business start-up rate," said
Mallet. "Other indicators are not as obvious, like the level of business
optimism and supportive local government. Notice we have no 100s on the
board. These cities are leading the way, but even they can stand to
improve in one area or another."

Click here to read the full report.


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