Writing for the last nine years about MoneySense magazine’s closely watched annual survey, which ranks cities across the country from best to worst places to live in Canada – both overall and in specific categories – used to be something of a rite of spring for me. How seriously it is taken, or should be taken, has always been a matter of some debate locally. Suffice to say though that in those early days before the survey went online, former mayor Tim Johnston and myself one year spent part of a day racing around town to Safeway and Shoppers Drug Mart to try and get our hands on newly-arrived hard copies in Thompson before going back to our respective offices to study the data for a few hours. That was followed by a late afternoon meeting and interview between us in the mayor’s office at City Hall, including a briefing, presumably mainly for my benefit, by Randy Patrick, then the city administrator. So it was taken seriously enough, so it seems.
Much has changed since 2008. MoneySense itself for instance. This year’s 14th annual survey is the first not to appear in a print edition of the magazine. That’s because there is no longer a print edition. MoneySense was previously published seven times a year by Rogers Publishing Limited, a division of Rogers Communications in Toronto. But Rogers decided last September to axe the print edition at the end of 2016 and continue publication with an online-only platform. No more needing to race around to Safeway or Shoppers Drug Mart to find a hard copy, although, truth be told, I’m not so sure I ever did once the survey went online. Multiply my choice by thousands of other readers and you get the idea what happened to the print edition.
The “Canada’s Best Places to Live” survey continues to grow in terms of the number of municipalities compared. And I mean grow. It has almost doubled in number this year from last year. There were 123 cities compared in 2007; jumping to 154 in 2008 and 2009; increasing again to 179 in 2010 and up to 180 in 2011, and then in increments of 10 to 190 in 2012, 200 in 2013, and then 201 in 2014, 209 in 2015, 219 in 2016, and now a whopping 417 in July 2017. It’s also no longer a rite of spring to write about. The release date for the survey has gradually been pushed back over the years until this year’s July 4 release places it well into early summer.
Thompson placed 132 out of 219 municipalities ranked in 2016 and 177th in 2015. In 2014, we finished in 121st place out of 209 cities ranked, while in 2013 we finished 164th out of 200 cities ranked. Thompson finished 103rd in 2012. We were 43rd in 2011, finished 58th in 2010, in 88th place overall in 2009, a year after the city’s highest ranking of 19th place overall a year earlier in 2008. Thompson ended up in 25th place in 2007.
This year we ranked 337th out of 417.
MoneySense estimated Thompson’s unemployment rate has increased significantly over the last year from 5.1 per cent to 9.98 per cent. And that’s before the closure of Birchtree Mine by Vale this coming October, to be followed by the smelter and refinery in 13 months from now, along with looming provincial public sector job cuts.
Thompson real estate, however, is another story. It continues, as it has historically, to follow its own made-in-Thompson laws of supply and demand, driven by market forces seemingly all its own. So while there may seem to be “For Sale” signs on about every fifth house on your street, and far fewer “Sold” signs, don’t let that fool you. The “average value of primary real estate” was pegged at $221,749 this year compared to $197,812 last year. Median household income was also up from $90,738 last year to $93,045 this year. To get around town, 0.3 per cent of us bike to work, the same percentage that takes public transit, MoneySense says.
While MoneySense says its survey is the most comprehensive data-driven snapshot of Canadian cities you’ll find anywhere, there is no apples-to-apples comparison possible between some of MoneySense’s rankings and say Statistics Canada data, although it is used in the survey. As MoneySense says, “We rank based on our own methodology.” If you want more details about that methodology, check out the link: http://www.moneysense.ca/save/canadas-best-places-to-live-2017-methodology/
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