Canadians looking for the best place to live, work and raise a family should set their sights on Alberta, where high income and low unemployment helped a number of cities come out on top of an annual ranking of communities across the country.
Calgary was ranked the top city to live in in Canada, taking MoneySense Magazine’s number one spot on three of its rankings: best overall city, best large city and best place to raise children.
Cowtown jumped from the 14th spot in 2012 to dethrone Ottawa as top Canadian city in 2013.
The national capital had held onto the title for three consecutive years, but has now slipped to the number six spot in the latest overall ranking.
Released Wednesday, MoneySense’s yearly lists show that Alberta’s thriving energy sector has fuelled the development of healthy communities.
“A lot of these other cities, the underlying numbers have not really changed. But Alberta is so strong, it’s pushing those cities (in Alberta) up above everyone else,” MoneySense Magazine’s managing editor Mark Brown told Canada AM Wednesday.
“It’s a young, vibrant community,” Brown continued. “Calgary is really coming into its own and there’s a lot of evidence in all of the numbers this year.”