Monday, April 29, 2013

Assignment in Toronto

Today I would like to discuss Toronto in Canada. If you were to be sent to Toronto on an expatriate assignment or if you were to relocate there, you will meet people who speak English and French (both official).

The cost of clothing, food and beverages, housing, and transport is very high. Toronto is the most populous city in Canada and the provincial capital of Ontario. Toronto is a major international centre for business and finance. Generally considered the financial capital of Canada, Toronto has a high concentration of banks and brokerage firms. The Toronto Stock Exchange is one of the world's largest. All of the Big Five banks of Canada are headquartered in Toronto, as are a majority of Canada's corporations.

From a day to day comfort perspective, you are likely to experience minimal hardship. Be sure to negotiate an appropriate salary or allowance to compensate for the cost of living. If you live in Toronto or if you lived there recently, let us know what your experience has been. Would you live in Toronto again?