This sector is important both nationally and internationally and provides endless opportunities to experience and get involved with the classic arts and new media ideas.
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This sector is made up of three major sub-sectors: residential, ICI (industrial, commercial and institutional) and civil (heavy engineering).
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The Toronto region’s Financial Sector is recognized globally as sound, safe, vibrant and innovative and is ranked in the region’s top 100 best places to work.
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In recent years, the system is going through a transformation due to changing demographics, an aging and expanding population, changes in population health status, increasing patient expectations, and impact of technology on medical practice.
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This sector is changing and is composed of a large number of small, rapidly-growing companies, as well as some very large, long-established ones. The ICT sector closely collaborates with other sectors like healthcare, education, social/clean technology, media and entertainment.
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The manufacturing sector continues to decline-from 192,300 in 2000 to 129,500 in 2010 due to the shift from a goods-producing economy to a service-based economy. At the same time, some new opportunities are emerging in the sector, specifically in: aerospace, biotechnology and pharmaceuticals.
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These organizations are characterized by some common aspects, which include: delivering programs and services- from health care to after school sports-that improve people’s daily lives; fostering cohesion, integration and innovation; bringing vibrancy to communities.
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Its technical and professional services cluster is among the largest in North America and continues to grow, employing 324,660 people.
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In 2012, Microsoft will host its major conference in Toronto that alone will bring 15,000 people and generate an expected $52 million in economic activity. The number of tourists coming to Toronto is increasing, especially from Brazil, India and China.
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