A Diverse Economy

The Toronto Region is a global economic powerhouse that consistently outperforms other cities, with the most diverse CANADA
in the

Top 10
among the 60 largest
economies in the world

Source: Global Dynamism
Index (GDI)
economy in North America supporting a variety of key business sectors. From food processing and financial services to technology and energy; and from fashion and film to tourism and life sciences, the region’s multi-sector strength drives growth and innovation, helping to keep the economy resilient to economic downturns. The region is also a leader in the manufacturing, digital, and research and development sectors.

Anchored by the one of the most stable financial systems in the world for the last ten years, the Toronto Region is home to burgeoning subsectors, with new innovations in the fintech, cybersecurity, artificial intelligence, and smart cars sectors, just to name a few.

The region is home to:

  • more than six million people
  • 40 percent of Canada’s business headquarters
  • one-fifth of Canada’s Gross Domestic Product (GDP)
  • nearly half of Ontario’s GDP
“Boehringer Ingelheim is one of the world’s top 20 pharmaceutical companies, and our Canadian headquarters are located right here in Burlington. Burlington is a vibrant city with a productive workforce, a strong sense of community, and a very business competitive landscape. Boehringer Ingelheim (Canada) Ltd. is truly proud to call Burlington home!”
– Ruta Stauskas, VP, Human Resources, Boehringer Ingelheim (Canada) Ltd. – Burlington