The factors that they used are: weather, affordable housing, household income, discretionary income, new cars on road, job prospects, population growth, access to health care, walk/bike to work, and low crime rates.
Of course, whether these are the same factors that you would use is arguable, but nonetheless it is a nice exercise in attempting to think about some municipal options that we have as Canadians.
According to the factors listed above, the best places to live in Canada are:
- St. Albert
Personally, one category that I was interested in, considering the spike in housing prices over the last decade, was "affordable housing." So where was the most affordable place to live in Canada?
- Cape Breton, NS
- Timmins, ON
- Bathurst, NB
Of course, there is more to finding the best place to live besides whether or not it is affordable. Jobs, cultural climate, etc. are all very important factors. And though it is not perfect, the MoneySense article does a fantastic job of getting the Intelligent Investor to start thinking about where might be the best place to live, work, retire, and spend some of their hard-earned dollars.
I highly suggest that you give more of the rankings a quick look at: