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Summary

A New Report Claims That Toronto Is Poised To Be One Of The Next Global Super-Cities

It's behind only London, U.K., in the rankings.
Staff Writer

Good news for post-pandemic Toronto — the city is poised to be a world-leading metropolis in years to come according to a report from Kearney, a global management consulting firm.

In their Global Cities Outlook (GCO) rankings — which determine "cities on the rise" — Toronto ranks second in the world, behind only London, U.K.

It's a huge improvement from being in 11th place last year and 17th place in 2016.*

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2 Toronto's position in the GCO Ranking

"Toronto jumped an impressive 9 places to the number 2 spot, driven by a large upswing in innovation and continued strong governance," said the Kearney report.

Singapore, Tokyo, and Paris rounded off the top five in the GCO rankings.

The Global Cities Index ranking — which ranks the world's best cities as they are now — put Toronto in 19th place, between Melbourne and Moscow, quite a ways back from the #1 winner New York City.

The report explains that their GCO rankings examine the cities with "conditions for future status as major global players."

The consulting firm's analysis considers personal well-being, economics, innovation, and governance, all of which lead to attracting talent, attaining capital, and generating growth.

Even with COVID-19 affecting cities across the globe, it seems that Toronto is still a hot, rising commodity on the world stage.

Editor's note: This article has been updated.

  • Cormac O'Brien was an Associate Editor at Narcity Canada, covering all things exciting and trending about Canada. He has a Bachelor of Fine Arts in Creative Writing and Journalism from the University of Victoria, where he served as the Editor-in-Chief of the campus newspaper and was awarded the BCYNA Community News Scholarship for his writing. He was also the producer and co-host of Now On Narcity, Narcity's flagship podcast.

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