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NetMecca said:
I wish. Halifax NS (second best) Cost of living is great, weather is reasonable, though winters still suck.

Got a friend there, is also happy living there!
 
No right answer here Megha. Depends a lot on your priorities and preferences.

for example, if you have kids, you may wanna research school districts and settle accordingly. You should factor things like commute, how much you wanna pay for rent, crime rates, demographics, average income of the people in the city and other criteria that are important to you in your decision.
Thanks alot for your suggestions. finally i have made the decision to settle down in Ontario itself..