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Canada's Best Places to Live - Do you live in one of the country's top communities?
May 2, 2007
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MoneySense magazine presents Canada's only by-the-numbers guide to the best places to live, along with rankings for the best weather, the best places to retire and the cheapest real estate. TORONTO, May 2 /CNW/ - MoneySense magazine today reveals its second annual list of Canada's Best Places to Live. The ranking is the most complete and objective guide to finding paradise within our borders - ideal for Canadians considering a move, looking to invest, pondering where to retire, or simply wondering how their city rates against others. The Best Places to Live database and reader package goes further than other sources of such information. To ensure objectivity, MoneySense ranked communities strictly by the numbers. Our team spent weeks digging up statistics and crunching thousands of figures relating to the weather, real estate values, income levels, unemployment rates, discretionary income, crime rates and signs of prosperity. All of these factors combine to provide a true picture of what it is like to live in a particular community. A bigger and better list: This year's ranking is expanded and improved, spanning 123 communities with a population greater than 10,000 from coast to coast. Canada's top 10 places to live: These cities came out on top for having the best combination of factors that make a city livable.1. Ottawa, Ont. 2. Halifax, N.S. 3. Québec City, Que. 4. Guelph, Ont. 5. Fredericton, N.B. 6. Kingston, Ont. 7. Moncton, N.B. 8. London, Ont. 9. Victoria, B.C. 10. Gander, Nfld.East beats west: This year, apart from Victoria, no cities west of Ontario ranked among our top 10 places to live. Even Vancouver only managed to finish at No. 15. Best weather: Ottawa was rated as Canada's best overall place to live, but our capital's cold, snowy winters aren't to everyone's taste. If you rank the cities by weather alone, Cobourg, Ont. comes out on top, followed by Leamington, Ont., and Port Hope, Ont. Best places to retire: Québec City wins for its low crime rate, plentiful doctors and decent weather. The runners-up were Kingston, Ont., and Victoria, B.C. Where the money is: Fort McMurray, Alta., enjoys Canada's highest average household income, which is a stunning $135,000 a year. Bargain homes: Yorkton, Sask., features the lowest housing costs in the country. For the complete package, pick up a copy of the May 2007 issue of MoneySense, which is currently on newsstands-or visit MoneySense.ca for comprehensive lists and rankings. About MoneySense: MoneySense is Canada's personal finance and lifestyle magazine. Packed with smart features, practical advice and easy-to-follow financial tips on everything from home improvement to mutual funds, an average MoneySense issue attracts 892,000 Canadians on the lookout for new ways to save, invest and spend. MoneySense.ca is Canada's best all-around personal finance Web site.