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Toronto's unique offering of quality of life, talent and a competitive business climate make it the choice for businesses looking to grow.
Grow here in Toronto. Businesses come to Toronto for top talent, excellent technical resources and a diverse business landscape. Toronto’s competitive tax rates and convenient location provide the ideal environment for businesses to grow.
| Toronto is Diverse | Economic diversity makes Toronto resilient. Food services, financial services, ICT, clean-tech, fashion, film, tourism and life sciences, Toronto’s multi-sector strength drives growth, innovation and convergence. |
| Toronto is Talented | Home to the most highly educated population among OECD countries, Toronto’s eight world-renowned universities and colleges provide a foundation of top talent. |
| Toronto is Technology | Technology underpins the growth and productivity of every economic sector. Toronto’s technology sector is one of the largest in North America, with more than 200,000 people working in over 13,000 companies. |
| Toronto is a Gateway | A Toronto address puts companies within a 90-minute flight of 135 million people in the heart of the political and financial centre of North America with close proximity to New York Chicago, Boston and Washington. |
| Toronto Provides an Incentive to Invest | Ranking as the world’s most tax competitive major city, Toronto provides a range of incentives to allow businesses to grow and prosper. |
| Toronto is Fun | Business is good in Toronto, but the city’s natural areas, waterfront, vibrant arts and entertainment scene, and its distinctive neighbourhoods make Toronto a fun place to live and work. |
Toronto is a city of potential, a place where entrepreneurs can succeed and grow. Read about some of the city’s hottest startups and why they decided to grow here.
"A culture of collaboration is really at the heart of what’s next in innovation. What’s exciting in Toronto is that we have local and international businesses partnering with the startup ecosystem and increasingly with the academic community to position themselves for success in the future. And it’s happening across the spectrum from digital media and information technology, to life sciences and healthcare, energy solutions and social innovation.”
Dr. Ilse Treurnicht, CEO, MaRS Discovery District
"Toronto is emerging as a technology hub and attracting increased investment, including ours, because of forward thinking government and amazing access to technology, an incredible talent pool and leading educational institutions, as well as industries and markets in healthcare and financial services.”
Dr. Rick Huijbregts, Vice-President, Industry Transformation, Cisco Canada
"If you come to our studio and take a look at the people sitting around the table discussing ideas, they’re from almost every part of the world. I think it has really helped Umbra create an international style.”
Paul Rowan, Co-Founder and VP Inspiration, Umbra
“The scale and quality of meet-ups and conferences and speaking events have gone up dramatically. You don’t need to leave Toronto to build a successful company.”
Evgeny Tchebotarev, Co-Founder, 500px
“I think it’s an attractive place to come for talented people, it's a huge market for creative people and I think there are some companies emerging that give people hope that it can be done here.”
Mike McDerment, CEO/Co-Founder, Freshbooks
“Something that makes Toronto truly unique is that willingness to share and communicate with people very openly inside the industry looking at the global pie as something we can all co-create and achieve together.”
Satish Kanwar, Director of Product, Shopify
“In Toronto, Bombardier manufactures business and commercial aircraft and relies on the diversified, local regional supply chain. We work with more than 70 suppliers located in the Greater Toronto Area and we benefit from a variety of expertise going from complex machining to systems integration.”
Graham Kelly, Vice-President, Global Operations & Toronto Site, Bombardier Aerospace
"Startups in Toronto benefit from support at every stage. From the very early stage we have incubators, accelerators and seed stage investors. In the growth stage, we have funders willing to invest a lot of money to really help a company take-off. This gives tech companies in Toronto a huge advantage.”
Allen Lau, CEO & Co-Founder, Wattpad
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