Toronto

Author: Wikipedia

Toronto is the provincial capital of Ontario, and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario.

With over 2.6 million residents, it is the fifth most populous city in North America. Its metropolitan area with over 5.5 million residents is the seventh largest urban region in North America. Toronto is at the heart of the Greater Toronto Area (GTA), and is part of a densely populated region in Southern Ontario known as the Golden Horseshoe.The census metropolitan area (CMA) had a population of 5,583,064, and the Greater Toronto Area had a population of 6,054,191 in the 2011 Census. Its cosmopolitan and international population reflects its role as an important destination for immigrants to Canada. Toronto is one of the world's most diverse cities by percentage of non-native-born residents, with about 49% of the population born outside Canada. Toronto is also consistently rated as one of the world's most livable cities by the Economist Intelligence Unit and the Mercer Quality of Living Survey.


As Canada's commercial capital and one of the top financial centres in the world, Toronto is considered an alpha world city by the Globalization and World Cities (GaWC) study group. It is home to the Toronto Stock Exchange, the world's seventh largest in terms of market value. Toronto contains more corporate headquarters than any other Canadian city, including those of Canada's five largest banks. Toronto's leading economic sectors include finance, business services, telecommunications, aerospace, transportation, media, arts, film, music, television production, publishing, software production, medical research, education, tourism, engineering, and sports industries. According to Forbes, Toronto is the tenth-most economically powerful city in the world and one of the fastest growing among the G7 nations, whilst PwC ranks the city as the world's second-best "metro powerhouse". Toronto was ranked twelfth in the world and fourth in the Americas in 2010 for economic innovation by 2thinknow. The cost of living in Toronto was ranked highest in Canada in 2011.