Toronto has made yet another global list and this time, the city has been named one of the best city brands in the world.

The latest Brand Finance City Index was released on May 18th, and it’s based on a global survey. Out of 100 cities, Toronto scored a top spot within the 20 first listed.

Per the list, Toronto secured 12th place, earning a score of 73.3 out of 100. “Toronto has performed consistently well across many of the pillars and attributes, a testament to the all-round strength of the Canadian powerhouse,” reads the list

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best city brand
Photo via Brand Finance City Index 2023

According to the ranking, Toronto’s performance in Business & Investment stands in 7th, as for future growth potential, the city comes in 5th and 7th position for best cities for investment.

And, surprise surprise, the city is apparently an ideal destination for retirees and secured a spot in 7th. As for education, it also comes in 7th.

Overall, Toronto has been recognized as the 9th best to live in, “highlighting its desirability as a residential destination.”

Toronto is the only Canadian name to make the top 20. Vancouver and Montreal are the other two Canadian cities to make the overall list out of 100.