Sudbury cracks top 10 business list
By Jim Moodie, The Sudbury Star
Greater Sudbury has cracked a top 10 list of cities considered most conducive to business in North and South America.
In the American Cities of the Future report issued Monday, the Nickel City grabbed tenth place among micro cities judged friendliest to business on the two continents.
Sudbury trails provincial counterparts Brantford (1), Niagara Falls (3), Pickering (6), Chatham (7) and Sarnia (8), but is the only Northern Ontario community on the list.
Interestingly, all 10 micro cities in the biz-welcoming category are Canadian, even though centres of comparable size throughout the U.S. and Central and South America could have qualified.
The other winners are Langley (2), North Vancouver (4), Fredericton (5) and Nanaimo (9).
The American Cities of the Future report is published annually by fDi Intelligence, a division of the Financial Times. The division — whose acronym stands for foreign direct investment — also publishes fDi Magazine.
Apart from assessing business compatibility, the report ranks cities in terms of economic potential, cost effectiveness, connectivity and human capital and lifestyle.
Fredericton was a double winner among micro cities, earning first place in the human capital and lifestyle category as well as its business-friendly fifth. Pickering also got a second mention, placing fourth in connectivity.
The micro city deemed most cost effective was Santa Ana, Costa Rica, while Wilmington, Delaware topped the list for both economic potential and connectivity.
Among the largest American centres, New York led the way for overall city of the future, although metropolises on this side of the border made some impressive gains.
“The biggest movement in this year’s ranking is seen among Canadian locations,” according to the report. “Toronto has risen from sixth to fourth place, Montreal enters the top 10 at five and Vancouver has risen from eighth place in the 2015/16 ranking to take sixth place in 2017/18.”
Vancouver was also judged to be the most business-friendly of large American cities.
Mississauga earned that distinction among mid-size cities, and was also found to have the greatest overall potential among peers.
Sunnyvale, Calif. — in the Silicon Valley — was the top small city overall, although Windsor was deemed friendliest to business.