Toronto seizes 2nd spot in annual ranking of cities..

[The_Architect]

Toronto seizes second spot in annual ranking of cities.
ADRIAN MORROW
Globe and Mail Update
Published Friday, May. 06, 2011 6:58PM EDT
Last updated Friday, May. 06, 2011 9:34PM EDT


Toronto has grabbed the second spot in one of the many annual rankings of cities, beating out the likes of London, Tokyo, Hong Kong and Paris.

And that's not the only surprise on PricewaterhouseCooper's Cities of Opportunity list, released this week.

Three other cities in the top five – San Francisco, Stockholm and Sydney – are often considered secondary world cities. In fact, the only traditional heavyweight among them is New York, which narrowly grabbed the top spot.

Unlike other reports that place great value on a city's size and the breadth of international economic influence, the PWC ranking gives equal weight to other factors, including livability, research and development, and education.

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The greatest strength for the smaller cities, Toronto included, is in the field of innovation, where the city outshines New York.

The list, which is being published for the fourth time, ranks 26 different cities considered major business and financial hubs.

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Full article here.

Not too shabby! Toronto keeps climbing among different city rankings in the world.. It's really making a name for itself, and hopefully will become one of the more well-known global cities with the other heavyweights..