The insider view: Toronto: Financial Management examines how business is conducted in cities around the world, with local experts acting as guides.
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With its deep economic relationship with the US and close cultural ties to the UK, the provincial capital of Ontario has become "quite attractive from a business perspective", according to Leon Binedell, ACMA, CGMA, mining finance leader at PwC Consulting.
Because Toronto is a large city with access to a significant pool of skilled people, many companies have decided to base themselves here.
It is also the centre of capital in Canada and host to the TSX, the nation's largest stock exchange--and widely seen as a world-class market. This facility makes raising capital relatively easy and effective for new businesses. It has attracted the largest number of junior mining and exploration companies of all exchanges globally, Binedell reports.
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