Toronto, a city, the capital of the province of Ontario, in southeastern Canada. It is Canada’s most populous city, a multicultural city, and the financial and commercial center of the country. Its location on the northwestern coast of Lake Ontario, which forms part of the border between Canada and the United States, and its access to Atlantic shipping via the St Lawrence Seaway and major US industrial centers via the Great Lakes have made Toronto an important international trading center. In addition, the city is situated on the outskirts of some of Canada’s best farms, with a favorable climate for biodiversity, thus making Toronto a destination for transportation, distribution, and manufacturing. Most importantly, its central location, coupled with the many political policies that allow international trade, puts the city in a much stronger economic relationship, with a significant impact from the United States. Since the second half of the 20th century, the city has grown dramatically, from a small, provincial province – “Toronto the Good” – to a place of great and prosperous kings. 244 square miles (632 square kilometers); metro. area, 2,280 square kilometers (5,905 square kilometers).

Toronto is a global center for business and finance. Frequently looking at the Canadian financial capital, Toronto has a large number of private and public banks operating on Bay Street, the financial district. The Toronto Stock Exchange is the seventh-largest stock exchange market.  Canada’s five largest financial institutions, collectively known as the Big Five, have national offices in Toronto.

The city is an important center for media, publishing, telecommunications, information technology, and film production industries; is home to Bell Media, Rogers Communications, and Torstar. Other prominent Canadian companies in the Greater Toronto Area include Magna International, Celestica, Manulife, Sun Life Financial, Hudson’s Bay Company, and major hotel companies and their partners, such as Season Hotel and Fairmont Hotels and Resorts.

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