Toronto is the most populous city in Canada, the provincial capital of Ontario, and the centre of the Greater Toronto Area, the most populous metropolitan area in Canada. In the 2011 census, Toronto had a population of 2,615,060, making it the fifth largest city in North America. A city report released in 2013 shows the city is now the fourth most populous city in North America, after Mexico City, New York City, and Los Angeles. A global city, Toronto is an international centre of business, finance, arts, and culture, and is widely recognized as one of the most multicultural and cosmopolitan cities in the world.

Toronto is a prominent centre for music, theatre, motion picture production, and television production, and is home to the headquarters of Canada's major national broadcast networks and media outlets. Its varied cultural institutions, which include numerous museums and galleries, festivals and public events, entertainment districts, national historic sites, and sports activities, are key attractions to the over 25 million tourists that visit the city each year. Toronto is well known for its skyscrapers and high-rise buildings, in particular the tallest free-standing structure in the Western Hemisphere, the CN Tower. As Canada's commercial capital, the city is home to the Toronto Stock Exchange, the headquarters of Canada's five largest banks, and the headquarters of many large Canadian and multinational corporations. Its economy is highly diversified with strengths in technology, design, financial services, life sciences, education, arts, fashion, business services, environmental innovation, food services, and tourism.
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