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By trey (registered) | Posted May 24, 2008 at 12:29:00
The cost isn't everything when deciding where to locate. If that was the case.... why are all those businesses located in downtown Toronto? The most expensive real estate to operate a business within.
Lifestyle and Image. That's what businesses also want, and are willing to pay for it. Having a well running, functioning City with a high quality of life is something everyone agrees is worth the cost. Otherwise Royal Bank would move to Baffin Island, lots of cheap land and taxes up there.
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