City of Toronto
With a population of 2.6 million people, Toronto is the 5th largest city in North America. Of the labour force of 1.3 million people, 800,000 have a post secondary education. Toronto residents represent more than 100 different ethnic groups and speak almost as many languages, making the city a unique and vibrant cultural mosaic.
As the country’s corporate and financial capital, Toronto is home to more top-ranked national and international companies than any other Canadian city. Eight Toronto-based corporations are part of Fortune’s Global 500 list and several others fall into the Fortune 1,000.
In addition to being the region’s contact centre and shared-uses hub, Toronto is strong in other clusters, including biomedical/pharmaceutical, information and communications technologies, food and beverage, fashion, industrial and graphic design, and tourism. Toronto’s policy of waiving development charges for industrial and commercial projects makes it a very cost competitive location to establish a business.
The city has also earned an international reputation for its unrivalled quality of life, offering an impressive array of cultural, entertainment and recreational attractions in a safe, clean and welcoming cosmopolitan environment.
| |
1996 |
2001 |
2006 |
| Population |
2,385,421 |
2,481,494 |
2,503,581 |
| Population |
4.8% |
4% |
.09% |
| Labour Force |
1,262,400 |
1,399,963 |
1,344,830 |
| Avg. Household Income |
$53,869 |
$69,125 |
$80,343 |
| Unemployment Rate |
10.3% |
7.3% |
7.6% |
| Construction Value of Building Permits |
$1,654,245,000 |
$1,597,995,000 |
|
Source: Statistics Canada, 2006
| Total Population Age 20+ |
1,413,815 |
| Highschool certificate or equivelent |
298,670 |
| College or University certificate or diploma below bachelor |
323,840 |
| Bachelor's Degree |
319,065 |
| Advanced Degree |
120,720 |
Source: Statistics Canada, 2006.
| Total population by ethnic origin - 20% sample data |
2,476,565 |
| English |
341,545 |
| Chinese |
308,715 |
| Canadian |
267,625 |
| Scottish |
244,765 |
| Irish |
237,580 |
| East Indian |
188,120 |
| Italian |
180,660 |
| German |
112,235
|
| French |
108,645 |
| Filipino |
107,355 |
Source: Statistics Canada, 2006.
| Total - 15 years and older |
1,311,695 |
| Agriculture and other resource-based industries |
10,530 |
| Manufacturing and construction industries |
216,930 |
| Wholesale and retail trade |
191,945 |
| Finance and real estate |
132,580 |
| Health, education and social services |
205,300 |
| Business services |
330,280 |
| Other services |
224,125 |
Source: Statistics Canada, 2006.
| |
Number of Employees |
| Royal Bank of Canada |
10,000+ |
| Canadian Imperial Bank of Commerce |
10,000+ |
| TD Bank |
10,000+ |
| Scotiabank |
10,000+ |
| BMO Nesbitt Burns |
10,000+ |
| Metro |
5,000 - 9,999 |
| Rogers Communications |
5,000 - 9,999 |
| Manufacturers Life Insurance Company |
5,000 - 9,999 |
| Shoppers Drugmart |
5,000 - 9,999 |
| Bombardier |
2,500-4,999 |
Source: Toronto Business Directory
| Company |
Sector |
Sq. Ft. |
| Allmart Distributing |
Distribution |
10,200 |
| CitiFinancial |
Call Centre/Financial |
25,000 |
| Crystal Decisions |
IT |
10,000 |
| EquiServe Inc. |
Financial Services/Call Centre |
7,500 |
| Interactive Proteomics |
Biotech |
40,000 |
| NRT Technologies |
Manufacturing |
35,000 |
| OAO Technology Solutions |
IT |
68,400 |
| Royal Thai Consulate General |
Service/Government |
5,000 |
| Siebel Systems, Inc. |
IT |
135,000 |
| Veritas Software Corporation |
IT |
63,100 |
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