Why Invest in Toronto?
August 2nd, 2007 by admin
- Toronto is the largest city in Canada and 6th largest metropolitan in North America coming after New York City, Los Angeles, Mexico City, Chicago, Miami.
- Toronto is Canada’s largest financial centre, and is more than twice the size of any other Canadian financial centre.
- Toronto employs more people in the financial sector than any other Canadian city, approx. 25% of the national workforce.
- The Toronto Stock Exchange (TSE) ranks as North America’s third largest by dollar value traded and is the tenth largest stock exchange in the world.
- Toronto has been voted the most cosmopolitan and best multi-cultural city in the World five years in a row by United Nations, a symbol of Toronto’s openness to diversity and multiculturalism.
- The GTA is within a 800 km radius (one-day drive or 1 hour flight) of 135 million people.
- Through NAFTA, Canada is assured long-term access to the North American market over 425 million people, with a combined GDP of more than $11.4 trillion.
- Close to 150,000 businesses or 14% of all of Canada’s businesses are located in the Toronto area
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