Category Archives: Greater Toronto Area

Toronto Tops CIBC’s Annual Metropolitan Economic Index for Canadian Cities

Toronto leads all Canadian cities with a score of 20.6 points in the most recent CWM Metropolitan Economic Activity Index, which rates the economic activity of Canadian cities according to nine economic variables selected by CIBC’s World Markets subsidiary. The indicators used in formulating the Index score include a city’s unemployment rate, population growth, bankruptcy rate and housing starts growth […]

Read more

Three Canadian Cities in Top 10 in World Liveability Ranking

The Economist’s annual liveability ranking was published on Tuesday and it placed three Canadian cities, Vancouver, Toronto and Calgary, in the top 10. Vancouver placed third for the second year in a row, failing once again to regain the first place position that it had held in the rankings for nine consecutive years until 2010. Ahead of Vancouver is Melbourne, […]

Read more

Vancouver Sees 12 Percent Drop in Housing Prices in July from Same Time Last Year

Vancouver, one of the most popular Canadian housing markets for the country’s immigrants, saw the average value of real estate purchases in July drop 12 percent from the same period last year, according to data collected by Bloomberg News. The city’s real estate prices have boomed in recent years due in large part to foreign investment from China and home […]

Read more

Federal and Ontario Governments to Spend $57 Million to Train Immigrants

The Ontario provincial government and the federal government hope to put an end to the adage of the immigrant taxi cab driver with a PhD, by spending a combined $57 million to train new Canadians to gain the credentials necessary to work in their field of study in Canada. Data emerging over the last few years has shown a growing […]

Read more

Vancouver Trails Toronto as Canada’s Most Expensive City, but Canada still Cheap on International Stage

The latest annual Worldwide Cost of Living Survey by human resource firm Mercer places Toronto as Canada’s most expensive city, ahead of Vancouver, for the second year in a row. Both cities are relatively cheap by international standards though, placing 61st and 63rd most expensive in the world, respectively. Ottawa has the lowest cost of living of Canadian cities included […]

Read more

Canadian-Gov Backed Website to Help Immigrants Find Jobs in Toronto Launched

The Toronto Region Immigrant Employment Council (TRIEC) has launched a new online network, www.networksforimmigrants.ca, to help Canadian immigrants find jobs. The website will make pre-existing networks of professional Canadian immigrants easily accessible to employers in the Greater Toronto Area (GTA) through a search feature and a directory. The website is part of an initiative, called PINs (Professional Immigrant Networks), that started […]

Read more