
Toronto, Canada
News
About Toronto, Canada
Toronto is a major international centre for
business and finance. Generally considered the financial
capital of Canada, Toronto has a high concentration of banks
and brokerage firms on Bay Street, in the Financial
District.
The Toronto Stock Exchange is the world's seventh-largest
stock exchange by market capitalization. All of the Big Five
banks of Canada are headquartered in Toronto.
The city is an important centre for the media, publishing,
telecommunications, information technology and film production
industries; it is home to Thomson Corporation, CTVglobemedia,
Rogers Communications, Alliance Atlantis and Celestica.
Other prominent Canadian corporations in Toronto include
Four Seasons Hotels, the Hudson's Bay Company and Manulife
Financial.
Although much of the region's manufacturing activities take
place outside the city limits, Toronto continues to be an
important wholesale and distribution point for the industrial
sector.
The city's strategic position along the Quebec City-Windsor
Corridor and its extensive road and rail connections help
support the nearby production of motor vehicles, iron, steel,
food, machinery, chemicals and paper.
The completion of the St. Lawrence Seaway in 1959 gave ships
access to the Great Lakes from the Atlantic Ocean.
Other Major Cities:
- Montréal
- Vancouver
- Ottawa
- Calgary
- Edmonton
- Québec
- Winnipeg
- Hamilton
- London
- Kitchener
- St. Catharines
- Halifax
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