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Population and Location
- 2.5 million people
- 632 sq.km.
- One third of Canada's population is located within 160 km radius of Toronto.
- One half of the population of the United States is within one day's drive of Toronto
Business/Economic Development
Toronto is Canada's gateway to the international market place. Thanks to NAFTA and other international agreements, Toronto is positioned to become the hub for goods, services and people throughout the western hemisphere. The city offers maximum accessibility to all parts of its region via modern highways, air, rail and urban transit. The city is the region's financial, commercial and administrative core. By maintaining high quality houssing, day care, schools, social services and policing, our downtown core has remained vital, strong and safe. Toronto is a city where people of different ethnic and economic backgrounds live side-by-side in neighbourhoods and communities. As long as Toronto's urban core remains vibrant, its streets safe and its citizens secure, the entire area will enjoy a competitive advantage internationally.
- Toronto voted best global City for business, (Fortune, 1996)
- Financial centre of Canada, 4th largest in North America, employing 125,000 in financial sector
- Home to 90 per cent of Canada's foreign banks, and its top accounting and mutual fund companies, and 80 per cent of Canada's largest R&D, law, advertising and high-tech
firms
- Known as "Silicon Valley North" with seven of the top 10
information technology companies, including the Canadian headquarters and
research centres of Apple, Hewlett-Packard and
Sun Microsystems
- North America's 3rd largest Stock Exchange by value traded
- 75,000 businesses employ more than 1.2 million people
- 40 per cent of Canadian companies on Fortune's Global 500 are in Toronto
- The nation's largest employment centre, with one sixth
of Canada's jobs, and strong employment in both manufacturing and
service industries
- The 4th highest concentration of commercial software
companies in the world, and one of North America's hottest animation centres
- One of the best telecommunications networks in the world, with
one of the highest percentage of fibre optic cable installed,
and more wireless phones per capita, than anywhere in North America
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