Moncton ranked among most business-friendly cities, Times and Transcript May 9, 2007
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Moncton ranked among most business-friendly cities, Times and Transcript May 9, 2007

Moncton has received yet another nod for its business acumen. The April/May issue of Di Foreign Direct Investment - magazine, a United Kingdom based publication, contains its bi-annual North American Cities of the Future rankings. The magazine rated 108 cities of all sizes across North America in seven categories to determine which had the best potential for economic development and ability to attract investment. The top 10 cities in each size category were ranked according to how well they did overall, and the top five in each of the seven categories, things like human resources, quality of life, and development and investment promotion, were also recognized. Moncton did not make the top 10 in the small cities category - those with populations of 100,000 to 500,000 - but it was ranked as the fifth-best city for business friendliness. The category took into account the level of business and corporate taxes, property transaction taxes, the number of out-of-province, and the number of jobs created by out-of-province investment in the previous year. The magazine took more than six months to compile its shortlists. Chicago, Illinois was top amongst major cities, those with populations of two million or more, with Toronto taking the second spot and rating number one for quality of life. Montreal was seventh overall. The top large city, those with populations of 500,000 to 2 million, was Juarez, Mexico. Edmonton, Alta. was the only Canadian city in the top 10, sitting at fourth, but it was ranked first for economic potential and Quebec City was number one for quality of life. Windsor, Ontario was the top small city, with London, Ont., Waterloo, Ont., Chatham-Kent, Ont., and Saskatoon, Sask., also making the top 10. Saskatoon took the top spot for economic potential and Halifax was tops for infrastructure. Zapata, Texas was number one among micro cities, those with populations under 100,000. Sarnia, Ont. was number three, while Fredericton slipped into the number eight spot.
 
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