The City of Toronto

Located in the east central part of Canada , Toronto is Ontario 's capital and the largest city in Canada . Since the 1970s, Toronto has been one of the fastest-changing cities in North America , experiencing an enormous growth in foreign-born residents. In 1998, the cities of Metropolitan Toronto ( Toronto , York, East York , North York , Etobicoke, and Scarborough ) were merged as Toronto , instantly becoming the continent's fifth largest city.

Toronto is a port of entry and in important commercial, financial, and industrial hub as well as Canada 's banking and stock-exchange center and chief wholesale-distribution point. The city and surrounding area produces more than half of Canada 's manufactured goods.

Three universities, the University of Toronto , York University and Ryerson University, are located in Toronto area.