City Profile – Toronto; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

“City Profile – Toronto” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Toronto.

Toronto metropolitan area, commonly referred to as Toronto census metropolitan area (CMA) or Greater Toronto, is located in the province of Ontario in Canada. The area is the major economic powerhouse of Canada, contributing 19.1% of the country's total GDP. Rapid growth in the industry and tertiary sectors and improvements in professional / business services and real estate are expected to be major drivers of growth.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

– The Industry and service sectors remain the key contributors to the regional economy – and the major employers.

– Toronto metropolitan area's real GDP declined 5.2% in 2020. The area's economy is expected to gain momentum, supported by upward movement in oil prices and growth in other major sectors, including infrastructure investment, real estate, insurance, finance, technology.

– Toronto is one of the key tourist destinations in Canada for both domestic and international tourists and witnessed a significant growth over the last two years.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot

PEST Analysis

Political

Economic

Social

Technology and Infrastructure

Communications

Internal Transport Networks

Connectivity

Airports

Ports

Business Environment Analysis

Travel and Tourism

Tourism Flows

Hotels

Attractions

Events

Construction and Real Estate

Investment

Real Estate Market

Retail

Retail Market

Consumption, Income and Prices

Appendix

Sources

Further Reading

Ask the analyst

About MarketLine

Disclaimer

List of Tables

List of Tables

Table 1: Toronto metropolitan area – key facts (estimates), 2020

Table 2: Toronto metropolitan area – real GDP and real GDP growth, 2000-25

Table 3: Toronto metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Table 4: Toronto metropolitan area – GDP per capita comparison, 2000-25 (US$)

Table 5: Toronto metropolitan area – employment structure, 2000-25 (% of total)

Table 6: Toronto metropolitan area – main universities, 2020

Table 7: Toronto metropolitan area – population comparison, 2000-25 (million)

Table 8: Toronto metropolitan area – population by age, 2000-25 (% of total)

Table 9: Toronto metropolitan area – mass transit network indicators, 2020

Table 10: Toronto metropolitan area – Toronto Pearson International Airport, key indicators, 2017-21*

Table 11: Toronto metropolitan area – Fortune Global 500 companies, HQ in City, 2020

Table 12: Toronto city – downtown office rents, Q4 2020

Table 13: Toronto city – hotel KPIs, 2019-20

Table 14: Toronto metropolitan area – MICE and other events

List of Figures

List of Figures

Figure 1: Toronto metropolitan area – real GDP and real GDP growth, 2000-25

Figure 2: Toronto metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Figure 3: Toronto metropolitan area – GDP per capita comparison, 2000-25

Figure 4: Toronto metropolitan area – employment structure, 2000-25 (% of total)

Figure 5: Toronto metropolitan area – population comparison, 2000-25

Figure 6: Toronto metropolitan area – population by age, 2000-25 (% of total)

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