When you think about the best place to live in Canada you may assume that Vancouver or Toronto may be topping the list, but Money Sense's 2014 list doesn't name either of these cities in the top 3. St. Albert holds the honour of being Money Sense's 2014 Best place to live in Cananda."If you're looking for the best place in Canada to live, perhaps it's time to think small," MoneySense's Mark Brown wrote. "It's easy to think residing in a modest-sized town means giving up access to all the services and amenities you need or desire, but that doesn't have to be the case.
"Satellite communities around major centres are evolving to deliver small-town flare with big-city conveniences."
The magazine considers dozens of factors to determine what makes a city a "great place to live," including unemployment rates, taxes, income and home prices.
And when it comes to the big picture, west is best.
"The surge of the west is a prominent trend in our ranking," Brown wrote.
Top 5 Places to Live In Canada
The list looks at all communities in Canada with populations over 10,000.
Insurance rates (car insurance and home insurance) are often determined in part by the location in which the insured lives.
"This may be a great time for (St. Albert) residents to review their rates, as prices may be dropping in their area." Rob Marusin, president of Armour Insurance suggests. "In fact we know that Economical Insurance already offers fantastic rates in St. Albert."
If you'd like to review your rates click below for a quick online quote on your home or car insurance. It could mean a difference of a few hundred dollars or even more. Give us a call if you'd rather speak with one of our licensed brokers.
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Living in Canada's #1 Community has affected your insurance rates drastically. Click below to find out how much you will save.