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Toronto

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Toronto is the provincial capital of Ontario, and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. As Canada's economic capital, Toronto is considered an alpha world city by the Globalization and World Cities study group and is one of the top financial centres in the world.

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Flag

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Toronto's leading economic sectors include finance, business services, telecommunications, aerospace, transportation, media, arts, film, television production, publishing, software production, medical research, education, tourism, and sports industries. 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 eighth-largest stock exchange by market capitalization. All the Big Five banks of Canada are headquartered in Toronto, as are a majority of Canada's corporations.

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Government Toronto is a single-tier municipality governed by a mayor–council system. The structure of the municipal government is stipulated by the City of Toronto Act. The Mayor of Toronto is elected by direct popular vote to serve as the chief executive of the city. The Toronto City Council is a unicameral legislative body, comprising 44 councilors representing geographical wards throughout the city. The mayor and members of the city council serve four-year terms without term limits.

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Education Toronto is home to a number of post-secondary academic institutions. The University of Toronto, established in 1827, is the oldest university in Ontario and a leading public research institution. It is a worldwide leader in several fields including biomedical research. It houses North America's fourth-largest university library system, after those of Harvard, Yale and Berkeley.

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Transportation The Toronto Transit Commission (TTC) is the third largest public transit system in North America after the New York City Transit Authority, and the Mexico City Metro. The TTC provides public transit within the City of Toronto. The backbone of its public transport network is the subway system, as well as a mainly elevated rapid transit line. The TTC also operates an extensive network of buses and streetcars.

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Sports Toronto is the only Canadian city with representation in five major league sports, with teams in the National Hockey League, Major League Baseball, National Basketball Association, Canadian Football League, and Major League Soccer. The city's major sports venues include the Air Canada Centre, Rogers Centre (formerly known as Sky Dome), and BMO Field. The Canadian Olympic Committee is currently considering a Toronto bid for the 2020 or 2024 Summer Olympics

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Attractions in Toronto

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Toronto's most prominent landmark is the CN Tower, which once stood as the tallest free-standing land structure in the world at 553 meters. To the surprise of its creators, the tower held the world record for over 30 years. Toronto's most prominent landmark is the CN Tower, which once stood as the tallest free-standing land structure in the world at 553 meters. To the surprise of its creators, the tower held the world record for over 30 years.