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Study finds gridlock limits Toronto's potential
Toronto ranks 4th in Price Waterhouse Coopers' annual 'City of Opportunities' report
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As Toronto commuters grapple with major construction projects on the Gardiner Expressway and Lake Shore Boulevard, as well as the start of the summer road work season, a new report shows traffic congestion is making the city less appealing to live in.

A new report has knocked Toronto down one spot in the global rankings of the best places to live and work and it is mostly due to the city's problems with gridlock.

Toronto is still 4th in the annual 'City of Opportunities' study from consulting firm Price Waterhouse Coopers.

Toronto ranks behind London, New York, and Singapore; down from third spot in last year's report.

The report also suggests a lack of downtown access to Pearson Airport as a factor that brings Toronto down -- although a rail link from Union Station to Pearson is expected to open next summer.

Toronto also got low marks for what's called 'overall technology readiness,' defined as internet access in schools, software development, and digital economy.

The report says that is negatively affecting the city's growth and ability to attract foreign investment and business.

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5 0

As Toronto commuters grapple with major construction projects on the Gardiner Expressway and Lake Shore Boulevard, as well as the start of the summer road work season, a new report shows traffic congestion is making the city less appealing to live in.

A new report has knocked Toronto down one spot in the global rankings of the best places to live and work and it is mostly due to the city's problems with gridlock.

Toronto is still 4th in the annual 'City of Opportunities' study from consulting firm Price Waterhouse Coopers.

Toronto ranks behind London, New York, and Singapore; down from third spot in last year's report.

The report also suggests a lack of downtown access to Pearson Airport as a factor that brings Toronto down -- although a rail link from Union Station to Pearson is expected to open next summer.

Toronto also got low marks for what's called 'overall technology readiness,' defined as internet access in schools, software development, and digital economy.

The report says that is negatively affecting the city's growth and ability to attract foreign investment and business.

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