Canada's largest city is beginning to develop into a
world-class hub to found and develop tech startups. According to
Mark MacLeod, former CFO for Shopify Inc. and Freshbooks, the combination of recent tax law
changes for foreign investors, concerted local efforts to establish
creative hubs and great talent have recently allowed Toronto's
startup sector to come into its own. A recent article in the Globe and Mail also cited
efforts by Toronto mayor, John Tory, to establish a working group
on innovation as an important step in the right direction on the
path to firmly establish the city's startup sector.
Tory recently spoke to a group of investors and tech players at
Shopify's Toronto offices and in relation to startups stated,
"I really want to know what the city has been doing right, and
what we should stop doing, that might have been doing that's
going to impede." This new focus on what can be done to grow
Toronto's startup community is bolstered by efforts from
