With a population of over 3 million people, Toronto, Canada’s largest city, is home to a vibrant lifestyle with an endless list of places to visit, people to see and things to do. It’s no wonder that people from all walks of life and cultural backgrounds are considering Toronto as their permanent residence. From a thriving job market to a high standard of living and ample opportunities, here are 5 reasons people are moving to the Toronto and what you should expect, too.
Culturally Diverse
Home to over 200 nationalities and an 8.4% immigrant population, Toronto is one of the most ethnically diverse cities in the world. Each neighborhood embodies a distinct culture. From Little Italy, to Greektown, to Koreatown, to Chinatown, and more – each area offers their own unique lifestyle and cuisine.
The Tech Scene
Toronto has certainly been on the radar for its advances in technology. In fact, the city is praised for having the highest concentration of artificial intelligence (AI) startups in the world and has added more new tech jobs recently than New York City and the San Francisco Bay Area combined. Further, Toronto has a vibrant startup culture with access to early-stage seed funding and one of the most generous innovation grant systems to encourage startups.
Construction Hotspot
At any given time, it seems like new buildings are popping all over the city, especially since housing in Toronto is in high demand.
For instance, The One, at 1 Bloor Street West, Toronto is an 85-storey condominium, hotel, and retail tower by Mizrahi Developments, and designed by world-renowned Foster + Partners. Upon completion, the project at One Bloor West will become the tallest building in Canada.
At the same time, Google’s parent company Alphabet has revealed plans to build a new district along the eastern waterfront of Toronto, called Sidewalk Toronto, using cutting-edge technology to pioneer a model for future urban developments.
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High Livability Score
According to the Economist Intelligence Unit, Toronto is ranked fourth in the entire world in terms of livability. The report included factors such as healthcare, education, safety, infrastructure and the environment into the score.
Incredible Food Scene
Toronto is a must-visit for food fanatics; the city has a remarkable food and restaurant scene. Whether you’re craving Mexican, Greek, Vietnamese, or Italian, Toronto’s food scene is as diverse as its population, which means you get the chance to try something new every day.
Whether you’re single, raising a young family or entering retirement, plenty of opportunities are there for you in Toronto. With entertainment, sporting events, festivals and outdoor recreation, there’s certainly something for everyone in this vibrant, action-packed and safe city.