![]() ![]() It also has strengths in the technology, research, finance, and distribution and logistics sectors. As with Calgary, Edmonton is considered a North American hub for the oil and gas industries. Population: 1 million (population of urban area: 1.05 million)Įdmonton is a city in western Canada, lying about 300km north of Calgary, and is a staging point for large oil sands projects based in northern Alberta, as well as diamond mining operations in Canada’s less hospitable northern areas. Being a capital city, Ottawa’s economy is largely based around public services (given the large number of government bodies based there), but it also has strengths in high-tech industries, healthcare and agriculture. That said, the city, which lies in the south of the province of Ontario close to the US border and just under 200km from Montreal, has a large number of universities and colleges and is often considered to have the most educated workforce in the whole of Canada. Population: 1.01 million (population of urban area: 1.07 million)Īlthough Ottawa is Canada’s capital city, it is often overshadowed by the likes of Toronto, Montreal and Vancouver when it comes to attracting investment. Known for its high levels of wealth, as of 2015, Calgary was considered to hold the most millionaires per capita of any city in Canada. Other industrial strengths of the city revolve around the aerospace, logistics, business services, health and education, financial services, and film and television sectors. The city is considered to be the Canadian leader in the oil and gas industry, hosting headquarters or operations of the likes of BP Canada, Canadian Natural Resources Limited, Cenovus Energy, Encana and Shell Canada. Population: 1.3 million (population of urban area: 1.3 million)Ĭalgary is located in the province of Alberta in western Canada, some 300km from the city of Edmonton, to which it is directly linked by Highway 2. Montreal was recently awarded second spot in a ranking of the world’s best cities for hybrid work. It has a vibrant video gaming sector, as well as being a Canadian stronghold for the finance, film and television, oil refining, aerospace and pharmaceuticals industries. Montreal is the largest French-Canadian city, and has a vast bilingual population, with an estimated 57.4% of of its inhabitants able to speak both English and French (making it the second-largest primarily French-speaking city in the world after Paris). Its strong reputation has brought in investment from the likes of Facebook, Microsoft, Google and Samsung. The city is renowned for its tech industry and is a global hub for AI research. Montreal lies in the province of Quebec on the St Lawrence River, located close to the US border and just 196km east of Ottawa. Population: 1.76 million (population of urban area: 3.68 million) The city is considered a North American tech stronghold, with claims to be Canada’s equivalent to Silicon Valley, while it also hosts a successful film and television industry. As well as hosting the headquarters of big names such as Royal Bank of Canada, Toronto-Dominion Bank and Scotiabank, Toronto also has a strong reputation for producing fintech start-ups. Toronto is an international hub for business and finance, and its Bay Street financial district is considered to be the Canadian equivalent of Wall Street in New York. Aside from its large, well-educated population, its location on Lake Ontario a short distance from the US border (as well as tourist attractions such as Niagara Falls) means it holds multiple attractions to any investor wanting close proximity to a vast market and a high quality of life for employees. Toronto may not be Canada’s capital city, but it is the largest and that makes it a major draw for investment. ![]()
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