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Toronto- The City of Unlimited Pleasures




 Business Information

Business Facts

GDP per capita: $40,000
Major Exports: Motor Vehicles, Parts & Accessories, Machinery & Mechanical Appliances, Electrical Machinery & Equipment, Plastics & Plastic Articles, Non-Ferrous Metals & Allied Products
Major Foreign Exchange Counters: Thomas Cook & American Express
Key Industries: Banking or Financial Services, Tourism, Manufacturing, Communications & Trade Show
Major Business Hubs: Metro Toronto Convention Center, Toronto Stock Exchange, Toronto International Center, Yonge Street & Bay Street
The Toronto Stock Exchange is the 7th largest stock exchange of the world by market capitalization.
Toronto headquarters all of the Big Five banks of Canada.

Business Overview
The country’s financial, business, manufacturing and communications capital, Toronto is Canada's second largest economy and a major global city. Not just the banking and stock exchange hub of the nation, the city also holds the position as one of the world's largest financial centers.

Besides holding the world's seventh largest stock exchange, Toronto is home to a majority of the country's corporate headquarters and transnational corporate offices as well. While it’s one of the busiest ports handles over million tons of cargo every year.

The city further is a major distribution and industrial center. The wealth of raw materials and hydroelectric power has made Toronto a primary center of industry where over 5,700 factories reside within a hundred-mile radius providing employment for the residents. Food processing, publishing and printing have been the main industries of the city till now, however, the auto industry has also flourished in last few years. Further the city has highly developed telecommunications and information technology industries therefore providing base for corporations like Thomson, CTVglobemedia, Rogers Communications, Alliance Atlantis and Celestica.

The opening of St. Lawrence Seaway together with Quebec City-Windsor Corridor and extensive road and rail connections have not only led to the economic growth of the city but also help support the nearby production of motor vehicles, iron, steel, food, machinery, chemicals and paper.

Toronto is the convention and trade shows destination of Canada as well. With Metro Toronto Convention Center and Toronto International Center along with many other high profiled venues, the city stands as one of the most visited business terminal. Some the major exhibitions held in the city are Canadian Manufacturing Technology Show (CMTS), Canadian Food & Beverage Show and Canadian Gift & Tableware Association Show.

Major Business Centers:
The Toronto Stock Exchange (TSX):
Located at the center of the financial district of Toronto, TSX is Canada's largest stock exchange that does the largest amount of trading in the country. It is one of the most modern stock exchanges where all transactions are computerized and the age-old concept of the trading floor no longer exists.

The most important stock exchange of Canada, Toronto Stock Exchange is the division of TSX Group that maintains offices in Montreal, Winnipeg, Calgary and Vancouver as well. Listing a broad range of businesses from Canada, United States along with many others, the exchange trades senior equities and also mutual funds in various companies.

Metro Toronto Convention Center (MTCC):
With over 600,000 sq.ft of exhibition and meeting space including 64 meeting rooms, a world-class 1,330-seat theatre and two well-appointed ballrooms, MTCC is Canada's No.1 convention and trade show facility.

The MTCC is located in the heart of vibrant downtown Toronto and is only a 20-minute drive from its International Airport. From years the center have been host to events as large as the International Aids Conference, Canadian International Auto Show and as intimate as private sales meetings

Therefore, MTCC is the best-equipped, most up-to-date and most attractive convention center in Canada.

Toronto International Center:
The Leading multipurpose exhibition and trade fair facility of Canada, Toronto International Center is home to the largest trade and consumer shows of Canada along with concerts, meeting and other special events.

The center provides exceptional facilities and outstanding services through its 8 interconnected exhibit halls totaling over 500,000 sq.ft of floor space, an Arrow Hall with 100,000 sq.ft of column free space, 15,500 sq.ft large Aviation Ballroom and a Business Center with full range of business and communication services.

Major Commercial Areas:
Yonge Street:
The world's longest street, Yonge is the commercial artery of the city of Toronto. Splitting east and west Toronto, the street stretch from Lake Ontario to the town of Rainy River.

One of the oldest streets in the city, today Yonge is the beehive of activity with businesses lining both sides. It is one of the premiere shopping streets with multifarious mix of high end shops and dollar stores. It houses some of the most renowned stores including Hudson Bay Company's Queen Street Store, Eaton's Center (one of the largest downtown malls in the world) and Sears.

Being the most of important commercial and shopping thoroughfare of the city, the street is conveniently accessible through three subway lines of Toronto.

Others highlights of the street are HMV store, Sam The Record Man, a Toronto institution and the largest music and video store and World's Biggest Book Store.

Bay Street:
Bay Street is the main financial district of Toronto with high concentration of banks and brokerage firms.

Lying in the core of downtown, the Street is the home of the head offices of the Big Five Canadian banks as well as North America's third largest stock exchange, TSX.

The street remains fully of powerful with hustle bustle during the whole workweek.

Toronto





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