British Columbia communities of all sizes have been recognized as top investment destinations
Ranking as the number one large city in the Americas, Vancouver, British Columbia joined several other B.C. communities named as American Cities of the Future in a recently released report by the prestigious Financial Times organization.
Canada’s westernmost province combines a business-friendly environment with an outstanding quality of life. We have a diverse and growing economy, a well educated workforce, strong links to Asia, exceptional infrastructure, and a tax system that supports innovation and business growth. And we’re getting noticed! In a report released on April 13, 2015, the cities of Langley, Nanaimo, North Vancouver, Richmond, Vancouver and Victoria were all recognized as American Cities of the Future by fDI Intelligence
, a division of the Financial Times.
To create the American Cities of the Future ranking for 2015/16, the Financial Times collected data from 421 cities in five categories: Economic Potential, Business Friendliness, Human Capital and Lifestyle, Cost Effectiveness and Connectivity. After all the calculations were done, Vancouver was named the top large city in the Americas, ranking first for economic potential, second for business friendliness and fifth for connectivity. The provincial capital, Victoria, was recognized in the small city category, ranking ninth for Human Capital and Lifestyle. The “micro-cities” of North Vancouver and Langley appeared on the overall top-ten list of cities of their size, and also made the lists for Economic Potential, Connectivity and Business Friendliness. Vancouver Island’s Nanaimo made the grade for cost-effectiveness.
Surveys were also collected under a sixth, qualitative, category: FDI Strategy, which acknowledges cities’ strategies for promoting foreign direct investment. In this category the city of Richmond captured sixth spot, and Victoria placed seventh. Vancouver’s FDI strategy was also recognized with world ranking of 23rd
in fDi's Global Cities of the Future:FDI Strategy
report, which was released in February 2015.
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Access the full American Cities of the Future report here