Key industry sectors
The economy of the Toronto region is as large as it is diverse.
This strength gives the city resiliency, making it better able to weather economic downturns. Toronto is a leading North American and global centre for business services, design, education, fashion/ apparel, film, finance, food production, green, life sciences and tourism.
Toronto's key sectors
Business & Professional Services
Attracting corporate head offices and global professional firms with its infrastructure and expertise, the Toronto business services cluster ranks with North America’s best.
Design
The ideal balance of design skills, innovative thinking and marketing acumen fostered by North America's third-largest design workforce and one of the world's leading centres of design: Toronto.
Fashion/Apparel
Fuelled by acclaimed designers, trendsetting retailers and cost-efficient manufacturers, Toronto’s fast-moving fashion cluster has helped increase Canadian apparel exports to the U.S. by 550% since 1994.
Film & television
Toronto is one of North America’s leading centres of film and TV production, thanks to a favourable exchange rate and a wealth of experienced creative and technical talent.
Financial services
Combining top talent, infrastructure and government support, Toronto is Canada’s banking and investment capital, and home to the third-largest financial services cluster in North America after New York and L.A.
Food & beverage
Easy access to the lucrative U.S. market along with innovative retailing and a highly flexible co-packing industry make Toronto’s food processing cluster the second largest and fastest growing in North America.
Green
A growing number of Canada's leading environmental innovators call Toronto home. More than 36,000 people are employed in over 1,700 Toronto-area companies that provide alternative energy and cleantech products and services across a wide range of sub-sectors.
Information and Communication Technology (ICT)
Expert talent, high-speed communications, industry-leading R&D and a reputation as the most cost-effective business centre on the continent have made Toronto a global hub for IT and New Media development.
Tourism
Close to the U.S., Niagara Falls, and Ontario's scenic wilderness, Toronto welcomes 25 million visitors a year to its superb attractions, cultural events, entertainment, shopping an dining.