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Moneysense.ca has developed a comprehensive ranking of communities across Canada and London, Ontario has fared well, finding itself 15th over all.  Those of us who live here would argue that this is low, but the ranking takes into account a whole range of issues and in some areas like average income and unemployment rate we fall below some other locals.
The article: http://www.moneysense.ca/2013/03/20/canadas-best-places-to-live-2013/
The complete list: http://www.moneysense.ca/best-places-2013/

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