It is the undisputed economic engine of both Ontario and Canada and is one of the largest and fastest-growing regions within North America. Experiencing significant population and job growth in recent years and welcoming millions of visitors annually from both local and international destinations, Toronto has developed an international reputation as the city of choice for living, playing and entertainment.
4th largest metropolitan region in North America, with over 6.9 million people, estimated to reach 9.7 million people by 2041; the 2nd fastest millennial growth rate in North America (9.5%); close to 40% of the population is foreign born.
43.7 million annual visitors, spending $8.8 billion annually (+9.1% annual growth).
Toronto is the third-largest film and music centre in North America alongside Los Angeles and New York City. The Toronto International Film Festival (TIFF) is recognized as the most important film festival outside of Cannes and has become a launching pad for the best of international, Hollywood and Canadian cinema.
Canada’s largest financial services centre, second only to New York in North America, and home to 40% of Canada’s business headquarters; the fastest-growing and third largest technology hub in North America, behind only New York and Silicon Valley.
Home to three globally-recognized universities, as well as 13 other post secondary institutions for a total of more than 400,000 enrolled students annually.
Over 52 million airport passengers per year, with direct flights to over 180 global destinations.
Download this application package for the Call for Development details, and the Process Participant Form and
Non-Disclosure Agreements. Once the forms are executed, participants will be invited into the process.
Infrastructure Ontario, together with its exclusive advisors Colliers International and KPMG, LLP, present a unique opportunity to partner with the Government of Ontario to redevelop the Site through a Call for Development process.