A recent study released by Resonance Consultancy placed Toronto 18th out of 100 global cities. The study, titled World’s Best Cities Report, ranks the major metropolitan areas with populations over one million by using a combination of statistical performance and qualitative evaluations by locals and visitors in six core categories including place, programming, prosperity, product, people and promotion. Toronto scored well in the categories related to diversity and education, which considered the percentage of foreign-born residents, as well as the percentage of the population with a bachelor’s degree or higher.