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Meanwhile the practice will continue in almost 30 countries across Africa. What a barbaric species we are.
The criteria that made Vancouver, Toronto and Montreal the top three in the world included "a strong national health care system, excellent infrastructure, low traffic and easy access to public transportation." The index illustrates how good public services are essential in making cities good places to do business, i.e. to do capitalism. Investing heavily in items like health care and public transportation doesn't just make for better living for people, it makes for better business opportunities. It makes us, if you'll forgive the somewhat clichéd expression, more competitive in the global marketplace.
It's no coincidence that high tax regimes in northern European countries produce both prosperous economies and high social standards. As MasterCard's index demonstrates, it's precisely what's to be expected.