REGINA — Regina has earned an honourable mention in a study on the top places to raise a family in Canada, despite not attracting residents at the same rate as some larger Canadian cities.
Its affordability and stability have consistently ranked it among the most cost-effective places to buy a home, with average housing prices around $340,000 — roughly half the cost of comparable homes in Calgary or Ottawa, according to Canada’s Best Cities for Wealth-Life Balance study released Monday, Jan. 12
The job market in Saskatchewan’s capital is largely driven by natural resources and government services, offering stability but fewer high-growth sectors such as technology. For professionals looking to keep costs low and build savings without the pressures of a major metropolis, Regina remains a practical option.
While Regina earned the honourable mention, Saskatoon was named the country’s top city to raise a family.
The study, conducted by Tangerine Bank, found Saskatoon offers strong work-life balance and a family-friendly lifestyle without the high cost of living seen in many of Canada’s major urban hubs.
The study, which analyzed more than 20 Canadian cities based on how Canadians feel about achieving their financial and life goals. The research assessed residents’ perspectives on balancing economic progress with work-life balance. Saskatchewan’s capital, the study said, shows strong affordability and long-term stability.
