Over the last decade, Canadian tax and private client
practitioners have faced an ever-increasing amount of international
and cross-border inquiries. Canada's rapidly changing
demographics are partially responsible for this trend. The
country's largest city, Toronto, and the region surrounding it,
is the most ethnically diverse place in the world. Roughly half of
the Toronto area's population is foreign born and belongs to a
visible minority group. Similar demographic shifts are also at play
in other major Canadian urban centres, including Montreal and
Vancouver.
Unlike Canada's neighbour to the south, the country is not a
'melting pot'. Canada adopts a 'mosaic' approach to
multiculturalism that, together with a resilient economy and
financial sector, as well as an excellent standard of living, makes
it an attractive place for educated and talented global
professionals. The country's universities and colleges continue
to be a destination of choice for foreign
