Peterborough Ranked 55th Best Places to LIve in Canada. 2012

Money Sense Magazine has release their report on Canada’s Best Places to live in 2012.  The report ranks 190 towns and cities in Canada using categories to compare the pros and cons of urban communities in Canada.

Peterborough ranked as the 55^th for 2012 as the best place to live in Canada. Comparing our rankings in 2011 where Peterborough was ranked 38^th and in 2010, Peterborough was ranked #17. 

I will discuss the criteria for 2012 below and the report does changed some if its 22 separate categories all having different weights given for the answer.  This does make it interesting and at the same time, it becomes a conversation piece as to why communities move up and down on the scale.

Categories and Points

WALK/BIKE TO WORK: Peterborough scored 10.15% ranked 35

7 points – This represents the percentage of people who walked or took their bike to work. Source: 2006 Statistics Canada reports.

WEATHER: Peterborough scored with 110 days of precipitation with 840.3 Mm/year and ranked 15th

 18 points – (6 for each : amount of precipitation, number of wet days, days below 0°C). Ideal volume of precipitation is considered to be 700 mm per year. Source: Environment Canada

AIR QUALITY: Ozone scored in at 27^th, ranked 6th

2 points – One point for parts per million of ozone and one point for levels of suspended fine particulate matter, both of which are major components of smog. Source: Monitoring stations in or nearest to each city as reported by the National Air Pollution Surveillance Network.

POPULATION GROWTH: Peterborough +2.1%, ranked 110

 10 points – Results are based on the average Canadian population growth rate from 2006-2011 of 5.9% plus 2%. Higher growth rates create problems as cities struggle to provide services to growing populations. Lower growth rates means less opportunities. Cities with negative growth received 0 points. Source: 2011 Statistics Canada figures

UNEMPLOYMENT: Peterborough scored 7.3%, ranked 100th

10 points – 2011 data from Statistics Canada when provided and 2012 estimates derived from Canadian Demographics.

HOUSING:Time to buy in Peterborough was 3.40 years, ranked 122

 15 points – (7.5 for average house prices and 7.5 for time to buy a house) House price averages from reports and listings by MLS, Canadian Real Estate Association, and the Real Estate Boards of Toronto, Fraser Valley, Vancouver, Edmonton and Quebec. Time to buy was derived from average price divided by average 2012 estimated household income sourced from Canadian Demographics.

HOUSEHOLD INCOME:Peterborough Average House Price was $257,400, ranked 97^th.

 4 points – Based on 2012 estimates. Source: Canadian Demographics.

DISCRETIONARY INCOME: Peterborough scored 27.75%, ranked 64

4 points – Discretionary household income as a percentage of total household income derived from 2012 estimates. Using a percentage figure adjusts for higher cost of living and tax factors. Source: Canadian Demographics.

NEW CARS: Peterborough scored 13.47, ranked 97

 4 points – 2009-2011 model year vehicles as a percent of total vehicles as per Canadian Demographics.

INCOME TAXES: Peterborough ranked 4^th,

2 points – Cities ranked (lower is better) according to the rate of combined federal and provincial (or territorial) income tax paid on a single person income of $50,000. Source: www.taxtips.ca.

SALES TAXES: Peterborough ranked 4th

1 point – Cities ranked (lower is better) according to the rate of provincial or territorial sales tax.

CRIME: Severity Crime, Peterborough scored 84.0, ranked 100, Violent Crime rate, Peterborough scored 1,040, ranked 66.  Totoal Crime rank, 6.396, ranked 73.

5 points – Violent crime rates (2 points), total crime rates per 100,000 people (2 points) and crime severity rates (1 point) for 2010. (Lower is better in all three cases.) Source: Canadian Centre for Justice Statistics.

DOCTORS: Doctors per 1,000, Peterborough scored 2.21, ranked 91^st.

6 points – Number of general practice and specialist physicians per community and converted to doctors per 1,000 people. Source: Canadian Medical Association

HEALTH PROFESSIONALS: Peterborough scored 3.49%, ranked 54

4 points – Percentage of people in each city who are employed in health occupations. Source: 2006 Census

TRANSIT: Peterborough came in at 2.46%, ranked 86th

5 points – Based on the percentage of the workforce utilizing public transit. Source: 2006 Census

AMENITIES: Peterborough has 1 Hospital, 1 College and 1 University

 3 points – One point each for a hospital, university and college. Cities in a CMA area received credit if a particular institution was located anywhere in the CMA.

CULTURE: Peterborough scored 1.36% and was ranked 69th

Bonus points – A city could receive up to 5 points based on the percentage of people employed in arts, culture, recreation and sports. Source: 2006 Census

Best Places to Live 2012 displays cities’ rankings in each category and total rankings out of 190 cities, not points.

All data and calculations are on this downloadable spreadsheet.

June 2011 Unemployment Rate

Employment rose for the third consecutive month, up 28,000 in June. The unemployment rate was unchanged at 7.4% as the number of people participating in the labour market increased. Over the past 12 months, employment has grown by 238,000 (+1.4%).

Employment was up in transportation and warehousing in June, while it fell in professional, scientific and technical services. There was little change in the other industries.

Increases in the number of employees working in the public and private sectors were tempered by a decline in the number of self-employed. Over the past 12 months, public sector employment rose by 2.5%, private sector employment was up 1.5%, while the number of self-employed was little changed.

Ontario, Alberta and Nova Scotia posted employment gains in June, while there were declines in Quebec as well as Newfoundland and Labrador. Employment was little changed in the other provinces.

The bulk of June's employment increase occurred among women aged 25 to 54.

Compared with 12 months earlier, the unemployment rate for students aged 17 to 19 was down in June, while it was little changed for students aged 20 to 24.

Unemployment in Peterborough

Peterborough area had the highest unemployment rate in the country last month at 10%, despite an additional 40,000 jobs in the province and a 0.2% dip in the provincial unemployment rate to 7.7%.

The Peterborough census metropolitan area's unemployment rate increased slightly to 10% in June from 9.9% in May, Statistics Canada's Labour Force Survey shows.

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November 2009 Unemployment Rate

Employment rose by 79,000 in November, bringing the unemployment rate down 0.1 percentage points to 8.5%. Despite November's gain, employment was 321,000 (-1.9%) below the peak of October 2008.

Full-time employment increased by 39,000 in November, the third consecutive monthly increase. Part-time employment also rose in November (+40,000), following two months of declines.

November saw an increase in the number of private (+57,000) and public (+54,000) sector employees, while the number of self-employed workers declined (-32,000). In recent months, the number of employees in the public sector, as well as the number of self-employed, has trended up, while in the private sector, the trend has been relatively flat.

Most of the gain in overall employment in November was among women aged 25 to 54 (+51,000) and men aged 55 and over (+17,000).

Almost all the employment growth in November was attributable to the service sector (+73,000), especially educational services. With November's increase, employment in the service sector is back at its October 2008 level, while employment in the goods sector remained well below (-324,000) where it was at that time.

In November, employment growth was widespread across most provinces with the largest gains in Ontario, Quebec and Alberta.

Compared with a year ago, average hourly wages in November were up 2.3%, the lowest year-over-year growth since March 2007.

Employment gains in Ontario and Quebec
In Ontario, employment rose by 27,000 in November, the largest gain in the province since September 2008. The unemployment rate, at 9.3%, was unchanged in November. While employment in Ontario remains well below its October 2008 level (-179,000 or -2.7%), since May 2009, employment has edged up slightly.

In Quebec, employment grew by 21,000 in November, pushing the unemployment rate down 0.4 percentage points to 8.1%. During the economic downturn, employment has fallen in Quebec, albeit at a slower pace than the national average.

Employment in Alberta rose by 13,000 in November, the largest monthly increase in the province since October 2008. Since March 2009, employment in the province has edged down by 7,000 (-0.4%), a much smaller loss than the 48,000 (-2.4%) observed during the five months following the peak of October 2008.

In British Columbia, employment edged up in November. Since March 2009, employment has grown by 27,000 (+1.2%), in contrast to the downward trend observed during the first five months of the labour market downturn (-69,000 or -3.0%).
Employment also rose in Manitoba (+3,100), pushing the unemployment rate down 0.5 percentage points to 5.3%. Overall, Manitoba's employment has remained stable throughout the labour market downturn.

In Newfoundland and Labrador, employment increased by 2,700 in November. This caused the unemployment rate to fall 1.1 percentage points to 15.9%.

The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate for a particular age–sex group is the number unemployed in that group expressed as a percentage of the labour force for that group.

Both sexes, 15 years and over
Seasonally adjusted
%
YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
1999 7.9 7.9 7.9 8.2 8.0 7.6 7.6 7.5 7.4 7.2 6.9 6.8
2000 6.7 6.8 6.8 6.8 6.7 6.7 6.8 7.0 6.9 7.0 7.0 6.8
2001 6.9 7.0 7.1 7.1 7.0 7.1 7.1 7.2 7.2 7.4 7.6 8.0
2002 8.0 7.9 7.8 7.7 7.8 7.5 7.6 7.4 7.5 7.5 7.5 7.5
2003 7.4 7.4 7.3 7.6 7.9 7.7 7.7 7.8 7.9 7.6 7.5 7.3
2004 7.3 7.3 7.4 7.2 7.2 7.3 7.1 7.1 7.0 7.1 7.2 7.1
2005 6.9 7.0 6.9 6.8 6.9 6.9 6.7 6.7 6.7 6.7 6.3 6.5
2006 6.6 6.4 6.3 6.3 6.1 6.1 6.4 6.5 6.4 6.2 6.2 6.1
2007 6.2 6.1 6.1 6.1 6.0 6.0 6.0 6.0 5.9 5.9 5.9 5.9
2008 5.8 5.9 6.1 6.0 6.1 6.2 6.1 6.2 6.2 6.3 6.4 6.6
2009 7.2 7.7 8.0 8.0 8.4 8.6 8.6 8.7 8.4 8.6 8.5
Source: Statistics Canada
www.statcan.gc.ca


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