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Gold trader named as one of Canada's most important firms

Gold trading company Scotia Mocatta has been named as one of Canada's most important firms.

The company was included in the list of 71 Global Leaders compiled by the Institute for Competitiveness and Prosperity (ICP), as one of the five leading firms in precious metals trading and finance.

"We strive to be a global leader in our industry, and this recognition speaks to everything we have achieved," said Barry Wainstein, vice-chairman of parent company Scotia Capital.

"Our dedication to providing outstanding client service, innovative risk management solutions and competitive pricing, on a global basis, is clearly the key to success."

The ICP's James Milway stressed that "Canada's long-term prosperity truly depends on the success of [its] large, globally competitive companies."

The roots of Scotia Mocatta, the precious metals segment of Scotia Bank, date back as far as 1671.


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