Toronto houses a web of interconnected businesses that are stronger because of those connections. This multi-sector strength drives growth, innovation and synergies.

Toronto accounts for 11% of Canada's GDP and ranks among the top 10 financial centres globally, employing about 229,000 people (CMA) in the financial services sector

Business in Toronto benefits from one of the world's most highly educated and diverse labour forces. Toronto's ethnic and economic diversity drives innovation and economic growth both locally and internationally. 

Toronto has the lowest development charge rates in the region. Additionally, business property taxes are becoming increasingly competitive. Learn more about business costs in Toronto.

The City of Toronto is committed to creating an environment for business to thrive. Staff help businesses navigate municipal programs and processes and provide consultation services and hands-on solutions.

Consistently ranked at the top of global surveys, Toronto is one of the safest, cleanest and greenest cities in the world where one's diversity is celebrated and welcomed. Residents enjoy access to world-class education, universal health care.
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