Every year, the Canadian Federation of Independent Business (CFIB) ranks cities across Canada for how well they support and promote entrepreneurship.
"There are multiple factors that determine a city's entrepreneurial potential - from the drive of its residents to external factors such as property tax and investments in infrastructure," said Ted Mallett, CFIB vice-president and chief economist. "This year, some of the top scores go to resource-rich regions of Canada - not only because of the resources they have, but also because being entrepreneurial has always been a deep-seated part of the psyche and culture of these areas."
Big City Business
The cities (those with a population of 150,000 or more) that scored best and were determined to be the friendliest cities/economic regions to start a new business are:
- The Calgary periphery (Alberta)
- Edmonton's periphery (Alberta)
- Saskatoon, Saskatchewan
- Regina, Saskatchewan
- Kelowna, British Columbia
- City of Edmonton (Alberta)
- Toronto's periphery (Ontario)
- Guelph, Ontario
- City of Calgary (Alberta)
- St. John's, Newfoundland and Labrador