Wednesday, November 25, 2009, 2:25PM ET - Canadian Markets close in 1 hour and 35 minutes.
Calgary is paying a price for its economic boom.
Accounting firm KPMG reports that Calgary is now the second most expensive city in the nation in which to do business.
From most to least expensive, here's the priciest places in the country to do business:
1. Vancouver
2. Calgary
3. Chilliwack, B.C.
4. Toronto
5. Ottawa
6. Edmonton
7. St. John's, Nfld.
8. Montreal
9. Waterloo region, Ont.
10. Winnipeg
11. Saskatoon
12. Halifax
13. Quebec City
14. Charlottetown
... AND ACROSS THE GLOBE
Calgary may be costly compared to other cities in this country, but Canada rates very well against other well-off nations.
KPMG rates business cost indexes, with the average U.S. level representing 100. (Ranking in previous study two years ago is bracketed):
1. Mexico 79.5 (was not ranked)
2. Canada 99.4 (2)
3. U.S. 100 (7)
4. Australia 100.2 (was not ranked)
5. France 103.6 (3)
6. U.K. 107.1 (6)
7. Netherlands 107.3 (4)
8. Italy 107.9 (5)
9. Japan 114.3 (8)
10. Germany 116.8 (9)
Rates provided by 
| Mortgages Type | Rate |
|---|---|
| 1-yr Closed | 3.54% |
| 3-yr Closed | 4.15% |
| 5-yr Closed | 4.97% |
| GICs Type | Rate |
|---|---|
| 1-yr Annual | 0.95% |
| 3-yr Annual | 2.12% |
| 5-yr Annual | 2.77% |
| RRSP Type | Rate |
|---|---|
| 1-yr | 0.94% |
| 3-yr | 2.09% |
| 5-yr | 2.75% |
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