VANCOUVER (NEWS 1130) – A new report ranks Canada’s best places to live and affordability impacts many of the communities we live in here in Metro Vancouver.
The annual report from Money Sense named Ottawa as the top spot overall for the second straight year, but British Columbia was well represented near the top.
“BC actually does really well on this list. If I’m looking at the top 25, nine of those cities are in BC,” says Mark Brown from Money Sense. “No surprise, one of the things holding BC back is affordability. I don’t think that’s a secret.”
Oak Bay, just outside of Victoria placed third on the list, while North Saanich finished in fourth. Saanich and Central Saanich also cracked the top 14.
When it comes to Oak Bay, which happens to be the home riding for provincial Green Party leader, Andrew Weaver, Brown says, “It has access to all the great transit in the Victoria area but it’s also very well off. It’s a very high net worth community, homes are little bit more expensive but the residents appear to be able to afford it.”
In Metro Vancouver, the north shore boasted bragging rights.
“North Vancouver on the mainland does extremely well on our list. That’s a community that is extremely wealthy, has a very vibrant arts and community score. It also has access to transit. It comes in at number 20 overall on our list.” Port Moody, Delta and West Vancouver all cracked the top 25.
For a complete list of the rankings, click here.