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NEW Real Estate Listings in Toronto, Ontario
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About Toronto, Ontario
Toronto is an international centre for business and finance. 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 seventh-largest stock exchange by market capitalization. The five largest financial institutions of Canada, collectively known as the Big Five, have national offices in Toronto.
The city is an important centre for the media, publishing, telecommunication, information technology and film production industries; it is home to Bell Media, Rogers Communications, and Torstar. Other prominent Canadian corporations in the Greater Toronto Area include Magna International, Celestica, Manulife, Sun Life Financial, the Hudson’s Bay Company, and major hotel companies and operators, such as Four Seasons Hotels and Fairmont Hotels and Resorts.
The city’s population grew by 4% (96,073 residents) between 1996 and 2001, 1% (21,787 residents) between 2001 and 2006, 4.3% (111,779 residents) between 2006 and 2011, and 4.5% (116,511) between 2011 and 2016. In 2016, persons aged 14 years and under made up 14.5% of the population, and those aged 65 years and over made up 15.6%. The median age was 39.3 years. The city’s gender population is 48% male and 52% female. Women outnumber men in all age groups 15 and older.
In 2016, the three most commonly reported ethnic origins overall were Chinese (332,830 or 12.5%), English (331,890 or 12.3%) and Canadian (323,175 or 12.0%). Common regions of ethnic origin were European (47.9%), Asian (including middle-Eastern – 40.1%), African (5.5%), Latin/Central/South American (4.2%), and North American aboriginal (1.2%).