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- Capital cities are places where the largest and most important businesses in a country are usually based. It allows them to work closely together, as well as be close to political institutions. Locating businesses together in the capital city also means that top talent is attracted there and businesses can find the employees they need.
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May 1, 2011 · Concentrating on Canada’s three major cities — Montreal, Toronto and Vancouver — Harvey Schwartz looks at how their growth affects that of the Canadian economy, how the cities are governed, and how they raise their revenue.
- Harvey Schwartz
His research is concerned with the problems of cities....
- Wendy Cukier
Economy; Science & Tech; The future of work is based on...
- Jared Wesley
Economy; Politics; Will provincial hyperpartisanship derail...
- Harvey Schwartz
Mar 21, 2024 · In 2020, the four largest cities accounted for 44 per cent of Canada’s gross domestic product and 41 per cent of total employment. “When it comes to overall economic activity, the big cities are still providing significant muscle,” they said.
Mar 15, 2024 · Economic Muscle. The four largest Canadian cities — Toronto, Montreal, Vancouver and Calgary — have recovered well from the pandemic shock. Combined employment is now almost 8% above the 2019 baseline, versus 6% for the rest of Canada (Chart 1).
Dec 8, 2022 · A small selection of big cities has been the driving force behind more than half of the global economic growth this century, new data show.
- Valentina Romei
Sep 6, 2013 · According to McKinsey Global Institute, as of 2007, 1.5 billion people (22% of the world’s population) lived in the world’s 600 most populous cities and accounted for a GDP of USD 30 trillion – well over half of global GDP. The top 100 cities, with a GDP of USD 21 trillion, accounted for 38% of global GDP. In 2025, McKinsey reckons, the ...
Mar 1, 2011 · The economic role of large cities varies widely among regions today—as do their future growth patterns. China's rapid growth is fueled by the continued growth of its megacities and the emergence of new ones.
The three papers in this report – written by academics and practitioners – examine the role of municipalities in economic development through the perspectives of large cities, small and mid-sized cities, and with respect to innovation policy in particular.