Fair, transparent government is key, say researchers
According to a study by Aon Consulting, a global risk management firm, Toronto is the least risky city in the world when it comes to recruiting, employing and relocating employees. The study measured the risk involved to organizations in 90 cities worldwide by analyzing demographics, education, employment practices and government regulations. Toronto led the ranking and Montreal and Vancouver came in fifth and 13th place respectively. “Montreal and Toronto are among the five lowest risk cities primarily due to Canada’s low level of corruption; strict enforcement of equal opportunity laws; health and retirement benefits; and high quality and broad availability of training facilities. The main difference between the two is due to Toronto’s larger population as well as quality and broader availability of training resources,” said a press release issued by Aon on Monday. The highest risk cities included Dhaka, Bangladesh at No. 90; Phnom Penh in Cambodia at 89; Lagos in Nigeria at 88; Karachi in Pakistan at 87 and Tehran at 86.