Toronto - Statistics & Facts
The metropolitan area of Toronto is the economic capital of Canada. A major economic hub, the city is home to the headquarters of the stock exchange, the largest stock exchange in the country, and ranks among the largest in the world. The Toronto Stock Exchange is the third largest financial center in North America.
Toronto is also home to the country's five largest banks in terms of market capitalization, as well as many other large Canadian and multinational companies from all economic sectors, and is thus an essential hub in the North American network. In addition to these economic and financial activities, the city has a political function as the capital of the Province of Ontario, hosting the Parliament, the Supreme Court of the province, and most of the provincial administrations.
