Toronto is the economic engine driving Canada. It does this by being the financial heart of the country, by generating 10% of the nation’s GDP and by employing more than 400,000 of the best educated workers in the world.
Yet much of the country has a hate on for the city, particularly those in the West and Quebec. As much as these regions may argue that they are justified in their dislike of Toronto, there is no denying the city is the hub of Canada and Ontario in more than just population. More money is generated by Toronto than by any other part of Canada; more people live in the GTA, than in any other comparably sized area; more immigrants come to Toronto than any other part of Canada; more young people come to Toronto looking for jobs than any other part of Canada. Toronto may be a target of dislike, but it sure is the center of so much for all of Canada.
Perhaps the emotion is incorrectly labelled. The rest of Canada does not really hate Toronto; they are simply jealous of Toronto.
Population comparison:
Toronto region population base is one of the fastest growing in Canada; 2001-2014 was 87% of Calgary
TORONTO vs CANADA
recent immigrants: 8.4% 3.5%
Seniors: 15% of Toronto population
40% of youth who moved to Toronto since 2011 did so expecting jobs
Toronto transit infrastructure being overwhelmed by influx of people seeking jobs
HOW TORONTO IS GROWING
72% of Ontario population growth was into Toronto
Toronto projected to grow by 100,000 annually 2014 -2019
Toronto population projected to be 7.1 M in 2019
45% of Ontarians live in Toronto in 2015
20.3% of Ontarians live in Toronto in 2011
18.1% of Canadians live in GTA
Toronto growth was nearly 30% betwen 2000-2015 (1.6% annual average)
AGE CONSIDERATION
2011,TORONTO/ONT/CANADA
2011,39.2/40.4/40.6
AGE DEMOGRAPHICS TORONTO vs ONTARIO
15% under 14 19.6%
71.1% 15-64 68.4%
14.4% over 65 14.6%
TORONTO’s fastest growing population segment “over 85”
SENIORS in Toronto/ONT/CDA
13.9%/16%/16.1%
ECONOMIC MATTERS
TORONTO
5th largest city in North America
generated $157 B or 10% Cda’s GDP in 2013
25% of Cdns live within 160 km.
Workforce: 420,000…among best educated in the world
What do you think about Toronto? Are you supportive of the city or do you hate it also?
