Metropolitan Toronto - Community Summary
The City of Toronto is the most populous in Canada and is the provincial capital of Ontario.
Originally called York, Toronto's located in Southern Ontario on the northwestern shore of Lake Ontario, with the original city area lying between the Don and Humber rivers. Since 1954, the city occasionally expanded its borders through amalgamation with surrounding municipalities, most recently occurring in 1998. This process has left Toronto with clearly defined neighbourhoods that have retained their distinctive nature, earning it the nickname the "City of Neighbourhoods".
Toronto is at the heart of the Greater Toronto Area, and of the densely populated region in Southern Ontario known as the Golden Horseshoe. Its cosmopolitan and international population reflects its role as an important destination for immigrants to Canada. Toronto is one of the world's most diverse cities by percentage of non-native-born residents, with about 49% of the population born outside Canada.
Canada's commercial capital, it is home to the Toronto Stock Exchange and the headquarters of Canada's five largest banks. Largest sectors driving the economy include finance, business services, telecommunications, aerospace, transportation, media, arts, publishing, software production, medical research, education, tourism, and engineering.