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The work force is made up of approximately 2.9 million people and more than 100,000 companies [64] The Greater Toronto Area produces nearly 20 percent of the entire nation's GDP with $323 billion, and from 1992 to 2002, experienced an average GDP growth rate of 4.0 per cent and a job creation rate of 2.4 per cent (compared with the national ...
Beginning in the late-2000s, the term "Greater Toronto and Hamilton Area" was introduced by a few public bodies [a] to refer to the GTA and the city of Hamilton as a single entity. The population of the combined area is 7,281,694 as of 2021, [6] and is projected to grow to 8.6 million by 2031. [7]
In 2017, Toronto tech firms offered almost 30,000 jobs which is higher than the combination of San Francisco Bay area, Seattle and Washington, D.C. [14] The area bound between the Greater Toronto Area, the Kitchener-Waterloo region and the City of Hamilton was termed a "digital corridor" by the Branham Group, [15] a region highly concentrated ...
In the Greater Toronto Area, there are 25 incorporated municipalities in either York Region, Halton Region, Peel Region, Durham Region or Toronto. According to the 2021 census , the Greater Toronto Area has a total population of 6,711,985.
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Within the Greater Toronto Area, Vaughan is the third-largest employment center, after Toronto and Mississauga. With a real Gross Domestic Product (GDP) of $20.6 billion in 2018, it is the largest contributor (35%) to York Region's economy. In 2018, the city was home to 12,105 businesses employing more than 222,000 people.