A new report ranks the top 1,000 ‘global cities'. Does Hamilton make the list?
Hamilton is the 248th greatest city in the world.
That's according to a new ranking of 1,000 global cities released Thursday by
Oxford Economics
.
The global economic advisory firm bases its
Global Cities Index 2025 report
on five factors — economics, quality of life, environment, governance and human capital, which includes age, education and growth of a population.
According to the company, the rankings consider not only the city's economic performance, but also how well-educated it is, the well-being of its residents, the volatility of its climate, any political risks facing the city, and more.
The index covers the 1,000 largest cities in the world, which are located in 163 countries.
The 2025 rankings have been heavily impacted by tariffs and trade wars, according to the company.
'Trade tensions and deglobalization are causing considerable headwinds to economic growth worldwide, potentially triggering substantial shifts in supply chains and the way countries do business with each other over the coming years.'
Of the 1,000 ranked cities, Hamilton ranked 457th in economics, 256th in human capital, 193rd in quality of life, 306th in environment — and 27th in governance.
Hamilton's ranking placed the city just behind Toledo, Ohio and Verona, Italy — but ahead of Mexico City, Athens and New Orleans.
New York, London and Paris topped the list, while
Toronto was the top-ranked Canadian city
at No. 20.
Hamilton was the lowest ranked Canadian city in 2025. In the 2024 rankings,
Hamilton ranked 120th
— 10th of the 11 Canadian cities on the list.
Here are the rankings of the Canadian cities in the 2025 index:
20. Toronto
37. Vancouver
43. Montreal
61. Calgary
88. Ottawa
116. Quebec City
131. Edmonton
143. Halifax
163. Kitchener-Waterloo
183. Winnipeg
248. Hamilton
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
an hour ago
- Miami Herald
McDonald's surprises fans with cryptic message
If you thought buying tacos at a burger chain or tires at a grocery store was already odd enough, this latest launch is even more unexpected. For many years, restaurant and retail chains have diversified their offerings by expanding their assortment into new markets to turn their businesses into one-stop shops, making it more convenient for consumers to get their necessities in a single spot. Don't miss the move: Subscribe to TheStreet's free daily newsletter Some have succeeded at this diversification strategy, including Walmart's (WMT) wide range of product categories and Jack in the Box's (JACK) tacos. However, others have unfortunately failed, throwing a huge chunk of their yearly investing allowance straight into the trash and getting no profits in return. Related: McDonald's menu adds new happy meal fans will love McDonald's has seen a sales slump over the last few quarters, which led it to invest in developing new menu items. In March, McDonald's introduced the new Restaurant Experience Team and created three new global Category Management teams to drive product innovation. As odd as it may sound, McDonald's (MCD) used to sell pizza at its national restaurants. McDonald's began offering the McPizza in the late 1980s at its U.S. locations. But because the preparation was too tricky and the demand was too low, it was discontinued in the 1990s and removed from the regular menu. Related: McDonald's brings back unexpected breakfast item after 6 years Then in 2023, the fast-food chain launched Pizzerotti, small pizza pockets, at all its Italian locations. However, the demand may not have been as expected, since the food item is no longer available. McDonald's has not given up on adding pizza to its menu, because it's still available at its largest location in Orlando, Florida. And the chain may soon offer pizza in another market. McDonald's recently sent a cryptic message to its fans via an Instagram post containing an image that featured a notebook with the word "Classified" and the date "06-24-2025" printed on top. The caption didn't explain much, either, stating, "I'm not allowed to show u what's inside yet. But if u wanna zoom in and guess, there's literally nothing I can do about it." Upon zooming in on the image, the words "Pizza Bites" and a picture of little pizza pockets that look similar to Italy's discontinued Pizzerotti can be partially seen. More Food News: McDonald's menu adds new collaboration with surprising partnerTaco Bell adds new beverages to hop on viral fast-food trendStarbucks brings back fan-favorite menu item after 2-year hiatus McDonald's has not officially announced that it will launch pizza bites on its menu, but they will likely become available starting June 24. However, there's a catch to this launch. The fast-food giant only made this post on its Canadian Instagram account, which could mean that the menu item will only be available at its Canadian locations. Although the news might disappoint Americans, if the launch is successful in Canada, the pizza bites could launch in the U.S. as well. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
an hour ago
- Yahoo
David Rosenberg: How did the Canadian market hit a new record? Gold exposure has helped
Despite a flurry of twists and turns in the constantly evolving tariff saga, a period of relative calm has ensued after the chaos of tariff announcements and the early April market selloff, triggered by 'Liberation Day.' As the third-largest trading partner of the United States, Canada has fared relatively well after being excluded from the Liberation Day tariffs and having Canada-United States-Mexico Agreement-compliant products excluded from the 25 per cent 'fentanyl' tariffs. Helped by the 90-day tariff reprieve, set to expire July 9, the ongoing constructive tone in tariff negotiations helped the Canadian cyclical bucket, as industrials (driven by another tailwind explained below) and financials performed well during this timeframe. It was a complete reversal of what we experienced in February and March, when market sentiment was dominated by the height of tariff fears and defensive plays (such as dollar stores and utilities) were outperforming. So much so that we saw both the S&P/TSX industrials index and the S&P/TSX financials index post double-digit returns during these 17 trading days — a nice juicy return from a sector rotation perspective. To a large extent, what investors liked in the latest banking sector reporting season was the move to get ahead of the consumer delinquency cycle and sharply bolster loan loss reserve provisioning. In turn, this helped the overall Canadian benchmark, given its relative valuation support, namely, trading at about a 16x forward P/E multiple versus more than 21x for the S&P 500. From a sector-positioning perspective, another crucial pillar of strength was derived from the gold miners' price performance, boosted by the recent rally in gold prices to around US$3,400 per ounce and up nearly 30 per cent year to date. In contrast to the S&P 500, which has but one miner in the index (Newmont Corp.), which accounts for 0.1 per cent of the market cap, Canada is replete with 27 members that comprise a much higher 8.9 per cent share of the S&P/TSX composite index. The exposure the Canadian index has to precious metals is so precious that the sector has been responsible for half of the 7.3 per cent advance so far in 2025. Gold has continued to benefit from the convergence of structural tailwinds, such as the global monetary debasement, sovereign fiscal largesse and its traditional role as a macro hedge against geopolitical uncertainty. Rising bullion prices, combined with still relatively low valuations for the gold miners, have provided extra torque to the positive contribution by the materials sector during this timeframe. A case in point is Newmont, the largest miner by market capitalization, which trades at a 13x NTM P/E, vs. its five-year historical average of 20x. According to CIBC Capital Markets, mining has accounted for approximately 40 per cent of new Canadian issuances on a year-to-date basis. Consequently, this strong price performance from the precious metals sector (comprising about 11 per cent of the S&P/TSX composite) has resulted in underweight generalist funds adding exposure. Additionally, ongoing gold purchases by central banks and governments have continued to support gold prices and mining shares. According to Goldman Sachs Group Inc., global central banks are buying 80 metric tons of gold monthly, and sovereign wealth funds are collectively acquiring 1,000 tons annually — about a quarter of yearly global production. We remind you that these strategic market players are long-term investors who happen to be price-indiscriminate. On April 28, Prime Minister Mark Carney's Liberal Party formed a minority government in a remarkable comeback from early polling deficits. The global investing community took an optimistic view that he can reinvigorate the Canadian economy and navigate a challenging diplomatic environment with its neighbour south of the 49th parallel. During the campaign, the Liberals proposed an activist fiscal agenda that set out nearly $130 billion in new spending initiatives spread over several important themes, including infrastructure building, defence spending, housing affordability, internal trade and economic development, and the fast-tracking of resource project development. One can see that the central theme here is to pivot Canada towards domestic economic resilience after relying on a deepening U.S. relationship for 80 years. Moreover, Carney proved his ability to be firm yet diplomatic in his first meeting with U.S. President Donald Trump, and that may reflect early signs of tensions thawing between Washington and Ottawa. From a stock market perspective, this percolated into a strong showing for the S&P/TSX capped industrials index, which includes select engineering and consulting (E&C), infrastructure and aerospace and defence stocks, posting an increase of approximately 10 per cent. In the famous words of Walter Wriston, 'Capital goes where it is welcome and stays where it is well treated.' In this sense, both domestic and foreign investors took notice and started pricing the change in leadership as a catalyst for streamlining permitting processes, accelerating infrastructure approvals and reducing regulatory friction — key enablers of capital investment and long-term earnings growth. In the aftermath of Trump's tariff announcements and threats to annex Canada as the 51st state, Canadians exhibited a collective push to support domestic products and services, strengthen local businesses and reduce reliance on foreign imports. According to Statistics Canada, air travel to the south of the border posted a drastic 24 per cent year-over-year decrease in May. Travel by land fared even worse, posting a 38 per cent year-over-year decline in the same period, marking the fifth consecutive month of declines versus the prior year. This meant that more Canadians were spending money at home, buying into the Buy Canadian theme, and providing a boost to domestic retailer margins in the process. At the company-specific level, we heard an apparent read-through of this economically nationalistic trend from Loblaw Cos. Ltd., which reported a 12 per cent uptick in sales of Canadian-made products. In the company's first-quarter earnings call, one of the key takeaways was when chief executive Per Bank said, 'Canadians care deeply about the region of the product they purchase and we continue to actually seek out Canadian manufacturers for the products we sell.' Additionally, he emphasized that data from Loblaw's online grocery service showed a clear pivot by shoppers towards the Buy Canadian theme via both shopping intentions and actual dollars spent. A case when the soft data were actually in sync with the hard data! We heard similar management commentary from the likes of Metro Inc. and George Weston Ltd., with Metro saying that 'sales of Canadian products (are) outpacing total sales.' From an equity market perspective, we saw this theme play out in the price performance of the S&P/TSX consumer staples index, which was up by 10.6 per cent, and acted as another fundamental pillar of strength that has helped the S&P/TSX composite wipe out its losses following April's global nosedive. All in, a confluence of fundamental factors pushed the S&P/TSX composite to become one of the first global benchmarks to get back to its pre-'Liberation Day' levels. Thus, the Canadian benchmark has benefitted from sectoral composition and a cyclical/value bent, an economically nationalistic trend that buoyed domestic retail and a newly elected government with a pro-growth fiscal playbook. Global markets have added a new term to the investing lexicon: The Great White Long Trade. Surprise job gains in Canada conceal economic rot Bank of Canada has made a big mistake The Canadian market has unique characteristics compared to the U.S. in that it generates far greater dividend and earnings yields. The relative valuations in the Canadian stock market remain compelling: you get paid to take on equity risk when you compare it to the alternatives in cash and bonds. The same cannot be said for U.S. markets. David Rosenberg is founder and president of independent research firm Rosenberg Research & Associates Inc. Alp Erdogan is an external research consultant there. To receive more of David Rosenberg's insights and analysis, you can sign up for a complimentary, one-month trial on the Rosenberg Research website.
Business Wire
2 hours ago
- Business Wire
Harvest High Income Shares ETFs Announces June 2025 Distributions
OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. ('Harvest') announces the following distributions for Harvest High Income Shares ETFs for the month ending June 30, 2025. The distribution will be paid on or about July 9, 2025 to unitholders of record on June 30, 2025 with an ex-dividend date of June 30, 2025. Note: Harvest High Income Shares ETFs that trade in US dollars with Ticker ending in '.U' pay the distribution in US dollars. For additional information: Please visit e-mail info@ or call toll free 1-866-998-8298. Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: For media inquiries: Contact Caroline Grimont, Senior Vice President, Marketing at cgrimont@ About Harvest Portfolios Group Inc. Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $6.7 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs. ____________________________ Expand For Additional Information: Website: E-mail: info@ Toll free: 1-866-998-8298 ____________________________ Expand Subscribe to Our Monthly Newsletter: ____________________________ Expand Follow Us on Social Media: LinkedIn: Twitter: Facebook: YouTube: ____________________________ Expand You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund. If the shares are purchased or sold, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A and Class U units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents.
