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Business Toronto

Discover why more businessed than ever before are calling Toronto home.

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The Toronto business environment is rich in opportunity. The sheer number of authorities that have praised Toronto’s performance is impressive…

Toronto is Canada's financial and business capital, generating $304 billion annually, which represents 20% of Canada’s GDP. Rated as one of the top 10 global cities with economic clout (PwC Cities of Opportunities Report, 2014), and one of the top three cities in the Americas for economic potential and infrastructure (fDi North American Cities of the Future, 2013/14), Toronto is a dynamic, diverse, vibrant city that provides the ideal business environment for companies looking for a competitive edge.

Summary statistics of the interactive digital media industry in Ontario and Canada.
The concentration of Canada's 250 largest ICT companies that are headquartered in the Toronto region.
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Business Facts

  • 3rd largest stock exchange in North America
  • 40% of the North American population is within a day’s drive of Ontario
  • There are over 229,000 people employed in Financial Services
  • Toronto’s ICT sector is the 3rd largest in North America
  • The cost of research and development is 12.9% lower than in the United States