Toronto is generally not considered as cosmopolitan as London, Hong Kong, Paris or Tokyo. But when it comes to cost efficiency, it is more appealing than any of those major metropolises. The city ranks high when it comes to ease of starting a business.
It also ranks as the best overall value for a business trip when factors like cab rates, lunch prices and the quality of entertainment and infrastructure are considered.
The city is home to 2.5 million people -- with 3 million more in the greater metropolitan area -- and a sixth of Canada's jobs. One key to Toronto 's success and leadership in innovation is its ability to attract talent, thanks to its diverse demographics and Canada's progressive immigration policies.
Also despite sometimes frigid temperatures, Toronto ranks highest in quality of living.
