In his 2006 review of the economics of climate change, former World Bank chief economist Sir Nicholas Stern estimated that the “costs and risks” of uncontrolled climate change are equivalent to a loss in global GDP of at least 5% and up to 20% or more.6 1.2.2 Potential Impacts in Canada The most comprehensive review to date of climate change in Canada was published by the federal government in 200 [...] Core City: the city in each metropolitan area corresponding to the name of the CMA, which usually has the largest fraction of population of all municipalities. [...] Through the work of Statistics Canada and its census, the CMAs are clearly defined regions and have consistent data collection every five years.11 Because the CMAs cover much larger areas than individual cities, the data for a CMA captures more of the economic and social connections of the residents of any individual city. [...] The populations of core cities also vary widely with the City of Vancouver having the smallest population at 578,000; the cities of Ottawa, Edmonton and Calgary have populations that range from 730,000 to one million; with 1.6 million and 2.5 million residents respectively, the City of Montreal and City of Toronto are the largest. [...] More information on the choice of indicators and the source of the data are provided in Appendix A. 2.2.1 Indicators at the Core City Scope For each core city, we collected both quantitative and qualitative indicators.