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Originally Posted by Gresto
That is exciting news. For a city of its size and reputation, Toronto isn't exactly awash with top-drawer museums.
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Canadian museums in general suffer from a bit of a "triple-whammy" disadvantage compared to those in our peer nations - we neither have the legacy of colonial plundering like the Europeans; the historic wealth of the Americans; nor the unbroken history of Europe or Asia. At this point, they're playing catch up, but doing so at a time where antiquities are no longer up for grabs and philanthropy is less dependable.
The AGO is one of the small handful of museums in Canada that are actually decent on a global level (but even then, certainly isn't at the top tier). I've never been to Australia, but I'd be curious to see how some of their museums compare to ours.