Toronto: a True Cosmopolitan City
Toronto is the capital of Ontario and with a population of over 6 million inhabitants in its metropolitan area, it is the largest city in Canada. The city has a humid continental climate, which means hot summers and mild winters. It is an international center for business, finance, arts, and culture, and it’s recognized as one of the most multicultural cities in the world.
Toronto’s population is very diverse with representations from over 200 distinct ethnicities among its inhabitants. While most Torontonians speak English as a mother tongue, more than 160 languages are spoken in the city.
Why choose Toronto?
The city houses the Toronto Stock Exchange (TSE), the headquarters of Canada’s five largest banks and the headquarters of many large Canadian and multinational corporations. Its economy is very diversified and leads in technology, design, financial services, life sciences, education, arts, fashion, aerospace, environmental innovation, hoteling, and tourism. The TSE is the seventh largest stock exchange in the world based on capitalized stock value. As a financial hub, the city ranks 2nd in North America and 12th globally.
Toronto is not only a financial metropolis, but also a leader in music, theater, and film production and serves as headquarters to several national broadcasters and large media conglomerates.
Its various cultural institutions, which include numerous museums and galleries, festivals and public events, entertainment districts, national historic sites, and sporting activities, attract over 28 million tourists each year. Toronto is known for its many skyscrapers in addition to its iconic CN Tower.