Toronto is the provincial capital of Ontario and the largest city in Canada. It’s placed in Southern Ontario on the northwestern shore of Lake Ontario. A comparatively innovative metropolis, Toronto’s story dates back to the late-18th century, when it is land was first purchased by the British monarchy from the Mississaugas of the New Credit. The settlement was later established as the Town of York and proclaimed as the new capital of Upper Canada by its lieutenant-governor, John Graves Simcoe.
With over 2.5 million residents, it is the fifth most populous city in North America. Its metropolitan area with over 5 million residents is the seventh largest urban region in North America.
As Canada’s economic capital and one of the top financial centres in the world, Toronto is considered an alpha world city by the Globalization and World Cities study group. It is home to the Toronto Stock Exchange, the world’s seventh largest in terms of market value.Read More