May 24, 2015


Business

Winnipeg's score poor on 'entrepreneurial cities' list

The Manitoba capital ranked a lowly 64 on the Canadian Federation of Independent Business’s 2013 list of top 100 entrepreneurial cities, which was released today.

KEN GIGLIOTTI / WINNIPEG FREE PRESS

The Manitoba capital ranked a lowly 64 on the Canadian Federation of Independent Business’s 2013 list of top 100 entrepreneurial cities, which was released today. Photo Store

Winnipeg has scored poorly in a new report on Canada’s top 100 cities in which to run a business.

The Manitoba capital ranked a lowly 64 on the Canadian Federation of Independent Business’s 2013 list of top 100 entrepreneurial cities, which was released today.

Brandon, the only other Manitoba’s city included in the Communities in Boom report, fared a little better. It was ranked 40th.

The CFIB said Greater Calgary and Saskatoon are once again the top two major Canadian cities in which to run a business, finishing first and second respectively.

"Growing communities raise property values, utilize infrastructure more effectively and provide residents with a greater range of economic and social opportunities," said Ted Mallett, the CFIB’s vice-president & chief economist. "It’s important to recognize the communities that do this well, and to point to them as an example of how others can improve."

Ben Kolisnyk, CFIB’s prairie policy analyst, said although Brandon improved one spot to 40th place in this year’s study, there is still room for improvement.

"And it is disappointing Winnipeg has dropped to 64th from 38th," he added. "With consecutive years of property tax hikes, unsustainable spending and stalled progress on the Winnipeg business tax, Winnipeg has a long way to go before it can be rightly called an entrepreneurial city."

Each of the 100 cities are rated in 14 categories. Some are pure statistical results dealing with things like the number of new business start-ups in the city and the number of businesses per capita. Others deal with issues such as property tax levels, the cost of local government, and how sensitive local government are to local businesses.

History

Updated on Monday, October 21, 2013 at 1:08 PM CDT: Adds top 10.

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