World Class Talent
Toronto's well-educated and culturally diverse workforce sustains its growing economy. As the City prospers, there is no shortage of talented workers to help businesses meet their labour needs, no matter how specialized.
That's because Torontonians are some of the best educated workers in the world, often receiving their education at one of the City’s 8 colleges and universities. These institutions are known internationally for their academic excellence, so much so that increased demand has required many them to undergo expansions.
Everyone benefits from Toronto's academic advantage. Students of all ages learn the skills they need to succeed in today's knowledge-based economy, and local businesses profit by not having far to look for well-trained graduates and experienced professionals to complete their workforce.
According to the Toronto Board of Trade, Toronto is ranked second in the world for overall labour attractiveness. This is not surprising given the strength and depth of the City's labour pool.
Compared to other global cities, Toronto has a highly educated workforce. Toronto has more resident who have completed undergraduate degrees than Los Angeles, London or Hong Kong.
Like all Canadians, Torontonians deeply value education and the development of a skilled, knowledgeable and highly competitive talent pool. The quality and variety of Toronto's post-secondary institutions mean that local students don't have far to travel to experience academic excellence. This also means that businesses in Toronto don't have far to look for well educated staff to complete their workforce.
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Canada ranks No. 1 overall in Forbes annual look at the Best Countries for Business.
Rankings:
- Personal Freedom – 1st
- Red Tape – 3rd
- Investor Protection – 5th
- Corruption 6th
- Trade Freedom – 7th
- Tax Burden 9th
- Property Rights - 9th
- Innovation – 15th
- Technology – 15th
- Market Performance – 20th
- Monetary Freedom 39th
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See how Toronto matches up against 26 global centres of finance, business and culture perform across 10 key indicators.
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Report highlights:
Business Facts
- 3.2 million people in workforce
- Over 200,000 students enrolled in universities and colleges
- Over 50% of the population has post-secondary diploma or degree
- According to the Toronto Board of Trade, Toronto is ranked second in the world for overall labour attractiveness.