Toronto is Canada’s largest city and its financial, commercial and cultural capital. Consistently ranked one of the best cities in the world in which to live, Toronto is home to the third largest financial, technology, health sciences, and film and television sectors in North America.
Toronto: finance and innovation
The Rotman School takes full advantage of its strategic location in downtown Toronto by drawing on a rich pool of business and political leaders. A wide variety of academic and research partnerships exist between Rotman and the corporate world.
The head offices of Canada’s five largest banks are located in Toronto, and a recent study noted that the city, along with sounding regions, is growing into one of the world’s top startup ecosystems. A recent study by McKinsey concluded that the Toronto-Waterloo Corridor, known as ‘Tech North’, is fast growing into one of the largest concentrations of artificial intelligence, machine learning, fintech, and quantum computing startups in the world. Steps away from the University of Toronto, the MaRS Discovery District hosts and supports entrepreneurial development, while U of T invests over $1 billion per year in healthcare-related innovation alone.
Toronto is recognized as the world’s most multicultural city by the United Nations (ahead of London and New York City), and each year, Toronto attracts millions of visitors from around the world to celebrate diversity through its many festivals and annual events, including the Toronto International Film Festival.