Toronto is Canada's largest city, the capital of the province of Ontario, and the hearth of the Greater Toronto Area (commonly referred to as the GTA). The city is located in Southern Ontario on the northwestern shore of Lake Ontario. With over 2.5 million residents, Toronto is the fifth most populous municipality in North America. Additional 3 million people live in the regions surrounding Toronto, which comprise the Greater Toronto Area. The city is also often referred to as Canada's economic capital, as the majority of country's corporations, including Canada's top 5 banks have their headquarters in Toronto. Toronto is also the third largest banking centre in North America, and a major financial centre on the world stage. The Toronto Stock Exchange (TSX) is the world's seventh largest. Toronto is also one of the world's most diverse cities, as more than half of its residents were born outside of Canada.
Toronto consists of the districts of Downtown (Old Toronto), East York, Etobicoke, North York, and Scarborough. A large portion of Canada's Job openings are located in Toronto and the GTA. Jobs in the GTA however have traditionally been strongly influenced by the car manufacturing industry, and have been affected significantly by the crisis in the industry in 2008 and 2009. The city still remains home of many business analyst jobs, IT jobs, manufacturing jobs, assembly jobs, and engineering jobs, and project management jobs, to just name a few. Growing segments include the healthcare jobs and social services jobs. The government of Ontario is trying to attract new investments from the emerging green industries, which are expected to create thousands of green jobs.