Toronto has been recognized as one of the top 25 cities in the world to live and work in 2024, according to the rankings by the global consulting company Resonance Consultancy.
The company evaluated over 270 major cities with a population of over one million to determine the top 100 destinations for living, visiting, and investing worldwide.
The rankings are based on various metrics and categorized into three pillars: Livability (including walkability, bike lanes, landmarks, and airport connectivity); Lovability (evaluating nightlife, restaurants, shopping districts, attractions, and social media presence); and Prosperity (analyzing education and wealth, including educational attainment, workforce participation, and per capita GDP).
The diverse population, construction projects, and friendly environment of Toronto were highlighted in the report.
Other Canadian cities, including Vancouver (#50), Montreal (#60), Ottawa (#90), and Calgary (#93), also made the list.
Toronto’s ranking has fluctuated over the past few years, with positions of #13 in 2021, #18 in 2022, #24 in 2023, and #23 in 2024. The top 10 cities in the 2024 rankings include London, Paris, New York City, Tokyo, Singapore, Dubai, San Francisco, Barcelona, Amsterdam, and Seoul.