Toronto, Vancouver and Montreal Lead Canada Top 10 Cities for 2026

Toronto, Vancouver, and Montreal claimed the top three spots in a new Canada top 10 cities ranking released on November 10 by Oxford Economics. Regional economists, municipal leaders, and urban planners are reviewing the index, which evaluates metropolitan performance across six provinces.

Evaluating Urban Cores Beyond Municipal Boundaries

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Oxford Economics assessed each location as a Functional Urban Area rather than relying strictly on municipal boundaries, combining urban cores with surrounding commuting zones. Toronto secured the top spot with an overall global score of 84.9, followed by Vancouver at 83.3, Montreal at 75.9, and Calgary at 74.9.

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The remaining slots in the top ten went to Calgary at fourth, Ottawa-Gatineau at fifth, Edmonton at sixth, Kitchener, Cambridge, Waterloo at seventh, Halifax at eighth, Quebec City at ninth, and Winnipeg at tenth.

The rankings stem from the third edition of the firm’s Global Cities Index, which scores urban centers across five distinct categories: Economics, Human Capital, Quality of Life, Environment, and Governance. Economics weighed the heaviest at 30 percent, while Human Capital and Quality of Life accounted for 25 percent each. Environment and Governance each held a 10 percent share, with governance scores remaining identical across all Canadian cities at 90.0 due to national-level evaluation.