Toronto is the capital of the province of Ontario and a major Canadian city located along the northwestern shore of Lake Ontario. It is a dynamic metropolis with a centre of tall skyscrapers, all surpassed by the iconic CN Tower. Toronto also has many green areas, from the neat oval of Queen's Park to the 400-acre High Park and its trails, sports facilities and zoo.
It is also known to be the fifth largest city in North America. Toronto is located in the heart of the Greater Toronto Area (Greater Toronto Area in English and abbreviated as GTA), the largest metropolitan area in Canada, and is part of a densely populated region in south-central Ontario known as Golden Horseshoe (Golden Horseshoe), where eight million people reside.
With Toronto being the economic capital of Canada, Toronto is considered a global city and one of the main financial cities of the world. It leads the economic sectors of finance, business services, telecommunications, transportation, media, art, film, medical research, education and tourism from Canada. The Toronto Stock Exchange is the largest stock exchange in the country and the seventh largest in the world.
Toronto is famous for the CN Tower, 553 meters high. The city is considered the centre of Anglophone Canadian culture and hosts many national celebrations.
The population of Toronto is cosmopolitan and is an important destination for many immigrants to Canada. Toronto is the largest city in the world in the percentage of residents not born in the country; over 49% of the city's inhabitants were not born in Canada. In 2006 it was classified as the most expensive city in Canada. Those born in Toronto receive the nickname of Torontonians.
Toronto's climate is mild (by Canadian standards) due to its southern location within the country and its proximity to Lake Ontario. It has a humid continental climate with humid summers and generally cold winters in comparison to the standards of Canada and the North of the United States. The city experiences four distinct seasons with considerable variations in daily temperature, particularly during the cold weather season. Due to urbanization and proximity to water, Toronto has a fairly low daytime temperature range, at least in urban areas and near lake areas. At different times of the year this lacustrine influence has several local and regional impacts on climate, such as the delay of the beginning of spring and autumn.
Toronto winters sometimes have short cold spells when maximum temperatures remain below -10 ° C, although the feeling of cold is usually greater due to the wind. Snowstorms will be sometimes mixed with ice and rain, this can interfere with work and travel schedules. Snow can fall at any time between November and mid-April. Summer in Toronto is characterized by long periods of wet weather. Temperatures during the day can exceed 35 ° C. Spring and Autumn are transitional seasons with generally warm or cool temperatures with some dry or wet periods.
Toronto's economy is one of the most varied and strong in North America. It is the main industrial, commercial and financial centre of Canada. As well one of the main ones of the continent.
Toronto is the main banking centre of the country - the five largest banks in the country have their headquarters in the city. The Toronto Stock Exchange, is the largest in Canada and the second largest in America (behind the New York Stock Exchange, located in the USA city of New York) and the sixth largest in the world. It was the first stock exchange of the entire American continent to market shares electronically. Toronto is also Canada's largest wholesale trade centre. Bay Street is the financial heart of Canada.
As you can see Toronto is a big city with a lot of potential for living especially if you are in the finance marketblog comments powered by Disqus