Saskatchewan ranks twice in Top 10 Communities in Boom

Regina ranked seventh as one the best major Canadian cities in which to run a business, according to the 2013 Communities in Boom report from the Canadian Federation of Independent Business (CFIB).  

Growing communities raise property values, utilize infrastructure more effectively and provide residents with a greater range of economic and social opportunities.  

The results are scores from 14 indicators that are grouped into 3 main categories:

  • Presence is a representation of the scale and growth of business ownership, as well as it's industrial diversity
  • Perspective covers indicators associated with optimism and growth plans
  • Policy represents indicators associated with the actions local governments take with respect to business taxation and regulation.

The Top Ten cities are:

  1. Greater Calgary (AB)
  2. Saskatoon (SK)
  3. Greater Toronto (ON)
  4. Greater Edmonton (AB)
  5. Sherbrooke (QC)
  6. City of Edmonton (AB)
  7. Regina (SK)
  8. Kelowna (BC)
  9. St. John's (NL)
  10. Saguenay (QC)

The top mid-sized cities include Lloydminster AB/SK; Red Deer, AB, Leamington, ON, Grande Prairie, AB and Riviere-du-Loup, QC. The annual report attempts to identify cities' relative entrepreneurial strengths and weaknesses, looking at supportive local government.

Some measures of what makes a "boom-town" are obvious, such as a high concentration of entrepreneurs and a high business start-up rate. 

Click to read the full report

Brent Ackerman

Brent Ackerman

CENTURY 21 Brent Ackerman Realty Ltd.
in Service Agreement with CENTURY 21 Dome Realty Inc.
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