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.
| |
1991 |
1996 |
2001 |
| Population |
2,275,800 |
2,385,421 |
2,481,494 |
| Population |
3.8% |
4.8% |
4% |
| Labour Force |
1,400,000 |
1,262,400 |
1,399,963 |
| Avg. Household Income |
$54,657 |
$53,869 |
$69,125 |
| Unemployment Rate |
10.4% |
10.3% |
7.3% |
| Construction Value of Building Permits |
$1,814,197,000 |
$1,654,245,000 |
$1,597,995,000 |
Source: Statistics Canada
| Total Population Age 20+ |
1,558,570 |
| Population with Grade 9 or less |
297,804 |
| Population with Grade 9 - 13 with Certificate and Some Post Secondary |
622,096 |
| University Degree |
529,104 |
Source: Statistics Canada, 2001.
| Total population |
2456805 |
1803920 |
652885 |
| Canadian |
373540 |
161220 |
212315 |
| English |
345895 |
95460 |
250425 |
| Chinese |
273855 |
242920 |
30935 |
| Scottish |
232025 |
39015 |
193015 |
| Irish |
222880 |
35250 |
187625 |
| Italian |
185230 |
138715 |
46515 |
| East Indian |
167005 |
133670 |
33340 |
| Jewish |
101380 |
60920 |
40465 |
| French |
100470 |
13095 |
87370 |
| German |
97945 |
23615 |
74330 |
Source: Statistics Canada, 2001.
| Total |
1291385 |
| Agriculture and other resource-based industries |
9400 |
| Manufacturing and construction industries |
243425 |
| Wholesale and retail trade |
191095 |
| Finance and real estate |
127870 |
| Health and education |
181500 |
| Business services |
325500 |
| Other services |
212590 |
Source: Statistics Canada, 2001.
| |
Number of Employees |
| Toronto Dominion Bank |
14,000 |
| Canadian Imperial Bank of Commerce |
12,000 |
| Rogers Communications Inc |
11,600 |
| Royal Bank of Canada |
11,000 |
| Bank of Montreal |
8,400 |
| Bank of Nova Scotia |
8,200 |
| Bell Canada |
8,000 |
| Bombardier Inc |
7,000 |
| Celestica International Inc. |
5,000 |
| Loblaws Supermarkets Limited |
4,000 |
| 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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