Toronto, Montreal and Vancouver all dropped in ranking compared to 2017, according to StartupBlink, a Swiss company that collects data on startups worldwide. Ottawa, meanwhile, cracked the top 100, jumping from 102nd place to 63rd, while Edmonton jumped to 95 in the global ranking, up from 129th in 2017. The U.S. was ranked the top ecosystem overall in the world, while Canada ranked third behind the U.K. (BetaKit)

Talking point: The report demonstrates the steady growth of ecosystems beyond the larger cities, though it notes that the U.S. remains an unchallenged leader, thanks to San Francisco as a “mega startup city” and Boston moving from sixth to fifth place on the list. In Canada, the report stressed the government’s role in promoting and developing startups. However, the major cities still have an advantage, with Toronto ranked 15th globally (down from 11th in 2017) and still the top city in Canada.