Home
 
Choose Your City
Change City

Toronto dead last

The economic downturn and higher property tax bills for business havelanded Toronto at the bottom of a survey that ranks “entrepreneurial”cities.

The economic downturn and higher property tax bills for business have landed Toronto at the bottom of a survey that ranks “entrepreneurial” cities.

The 2009 list from the Canadian Federation of Independent Business found that small business owners in the “urban fringes” feel better about how they are treated by local governments and are more confident in their business outlook. It put small communities in Saskatchewan and Quebec ahead of Canada’s biggest cities when it comes to starting and running a small business.

Saskatoon came in first in the ranking, followed by Grand Prairie, Alta., Joliette, Que., and Moose Jaw, Sask. At the bottom came Stratford, Ont., and Vancouver, followed by three Ontario cities: Norfolk; Owen Sound; and Toronto.

“Overall, communities in Saskatchewan … have coped better in the economic downturn compared to other provinces,” the report said.

The annual ranking is compiled using data from Statistics Canada to measure business start-ups and self-employment, information about local taxation and government regulations, and member surveys to gauge business outlook.

 
 
You Might Also Like