The Greater Toronto Area (GTA) is one of North America’s fastest-growing economic regions. Covering more than 7,000 square kilometers, the GTA consists of 25 municipalities and four regions with a total population of over 6 million. With a work force of approximately 2.9 million people, more than 100,000 companies, and a gross domestic product of U.S $109 billion, the GTA is Canada’s undisputed business and manufacturing capital.
The Greater Toronto Area is known for its thriving business climate, lucrative markets, modern transportation, advanced telecommunications and skilled human resources. While the GTA rivals the world’s strongest economic regions, the 2010 KPMG Competitive Alternatives Study found that overall business costs in the GTA were lower than most of the major international cities reviewed in the study.
The GTA is home to an impressive number of post secondary educational institutions, including ten universities and colleges. Its safety, cleanliness and ethnic diversity, combined with racial and cultural harmony, set it apart from other large urban centres. The GTA is consistently ranked as one of the urban areas with the best quality of life in the world.