Toronto ranked one of the most innovative cities in the world

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Toronto ranked as one of the most innovative cities in the world, according to a new report from the Melbourne-based organization 2thinknow.

According to the 2016-2017 Innovation Cities Index, Toronto ranked eighth out of 500 cities worldwide.

As CTV News reports, 2thinknow grades each city in three categories - cultural assets, human infrastructure and networked markets - to determine its overall potential for fostering innovation.

London, New York and Tokyo took the top three spots, respectively. Montreal came in at 19 and Vancouver ranked 24th.

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