Six Atlantic municipalities make top 50 on list of business-friendly communities: St. John's and Corner Brook at opposite ends of the list
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Communities in Boom
Canada's Top Entrepreneurial Cities
St. John's, October 18, 2011 - Six of Atlantic Canada's largest cities made the top 50 in a ranking of the 100 business friendly cities, according to an annual report by the Canadian Federation of Independent Business (CFIB) that both ranks and measures the entrepreneurial characteristics of municipalities.
CFIB's Communities in Boom: Canada's Top Entrepreneurial Cities compares 100 of Canada's largest municipalities on such measures as the number of small businesses in a community, the degree of business optimism, and on the effectiveness of local and provincial policy on businesses.
The qualifying Atlantic Canadian municipalities appeared in the following order, from best to worst:
Business-friendly communities
Six Atlantic municipalities make top 50 on list of business-friendly communities
"Just like the past few years, Moncton has come out on top in Atlantic. Clearly, they're doing something that others are not," said Leanne Hachey, CFIB's Atlantic vice-president. "And although six Atlantic Canadian municipalities cracked the top 50, even their low scores indicate we've got a lot more work to do to become more entrepreneurial."
According to Bradley George, CFIB's director of provincial affairs for Newfoundland and Labrador, Corner Brook's ranking is particularly disappointing. "Corner Brook dropped from the top 50 in last year's study to worst in Atlantic Canada in this year's report. City officials should ask themselves why that's the case and do something about it."
For further information, contact Bradley George at 709-753-7745 and Leanne Hachey at 902-420-1997.
As Canada's largest association of small- and medium-sized businesses, CFIB is Powered by EntrepreneursTM. Established in 1971, CFIB takes direction from more than 108,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
