Toronto Facts
- 2nd largest stock exchange in North America and the largest in the world in the listing of mining, oil and gas firms
- 82 companies with over $1 billion in annual revenues call Toronto home, including:
- all of Canada's "Big Five" banks
- 6 of Canada's top insurers
- 5 of the country's biggest pension plan funds
- 2 of the world's largest banks
- $70 billion in goods and services exported annually by over 76,000 Toronto-based businesses
- 3.2 million well-educated and culturally-diverse regional workers
- 179.5 million ft² of office space
- In the top 5 most liveable cities in the World (Economist Intelligence Unit, Liveability Report 2011)
- 1.5 hours by air to New York and under 8 hours to Europe
Ontario by the numbers:
- 39 of Canada's Top 100 corporate R&D spenders reside in Ontario
- Nearly 40% of Canada's jobs located here
- 59% of Ontarians aged 25-64 have completed post-secondary education, the highest percentage in the OECD/G7
- 40% of North America's population within a day's drive of central Ontario
- 25% corporate tax rate on manufacturing by 2012, compared with US weighted average of 37.7%
Canada by the numbers:
- #1 G7 country in ease of doing business (World Competitiveness Yearbook, IMD, 2009)
- #1 in the world for soundest banking system (Global Competitiveness Report, World Economic Forum, 2011)
- #1 on Milken Institute's Capital Access Index, 2010
- One of the most generous R&D tax incentives in the world
- One of the lowest R&D costs in the G7 (KPMG)
- Lowest taxes on new business investment in the G7 (Department of Finance, Canada)
- Lowest debt-to-GDP ratio in the G7 (OECD)
- Fastest economic growth in the G7 for 2011 (International Monetary Fund)
- Tariff-free zone for manufacturers by 2015 (Budget 2010, Government of Canada)
- Highest proportion of post-secondary graduates in the OECD
For more information, please see http://investincanada.gc.ca/uploads/eng/iip/flagship2010_web_eng-rev.pdf