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Toronto Region Quick Facts

Quick Facts

The Toronto Region provides many diverse opportunities to expand and grow your business, and our team can help equip you with the tools you need to both succeed here and access markets worldwide.

Quick Facts
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Here are a few quick facts that highlight how a Toronto location can help take your business to the next level:

  • The Toronto Region is home to a population of over 7 million, and is expected to grow to over 10 million by 2051, making it one of the largest and fastest growing metropolitan regions in North America.
  • Home to the 3rd largest labour force in North America and top destination for global talent across various disciplines.
  • The Toronto Region generates 50 percent of Ontario’s GDP, 20 percent of Canada’s GDP.
  • Toronto Region welcomes more than 100,000 new immigrants annually.
  • The Toronto Region is home to a diverse population with 50 percent foreign-born and over 190 languages and major dialects are spoken across the Region
  • The Toronto Region is Canada’s largest education, research, and innovation centre, with 18 world-renowned universities and internationally-recognized colleges.
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  • Toronto boasts the third-largest tech sector in North America, trailing only Bay Area and New York City.
  • Home to notable AI research labs such as NVIDIA AI Lab, Samsung AI Lab, and Sanofi AI Centre of Excellence.
  • Toronto is the second-largest financial centre in North America, after New York.
  • One of North America’s largest life sciences sectors, employing over 47,000 people across various disciplines, including medical research, biotechnology, and pharmaceuticals, is here in the Toronto Region.
  • Ontario and the Toronto Region is at the heart of Canada’s manufacturing industry, with the 3rd largest number of manufacturing business locations out of any state or province in North America.
  • The Toronto Region is home to North America’s second-largest food and beverage industry
  • The Toronto Region is Canada’s leader in interactive media, with a 42 percent growth in animation and VFX projects in the last 5 years.
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“Toronto is the fourth-largest city in North America and a vital financial and technological hub — not only for the province of Ontario but for all of Canada. We have hundreds of existing Canadian customers that can now have SoftLayer services deployed closer to home, and thousands of customers that will take advantage of the facility to get closer to end users in this market.”

Any one of these facts would be reason enough relocate your business to the region. Combined, they tell the story of a global business powerhouse that can accommodate any business and culture. Companies can compete against any major world market with proven resources, skilled and highly educated labour, and advanced technological aptitude.

Interested in learning more?

Ready to see what the Toronto Global team can do to support your business expansion in the Toronto Region?
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