Greater Toronto Area May 2026

: Soaring rents and housing costs remain a critical concern for residents.

: While traditionally a manufacturing center—particularly for the automotive sector—the economy has shifted toward finance, technology, and health care . greater toronto area

: To the west and northwest, home to major cities like Mississauga and Brampton. : Soaring rents and housing costs remain a

: Approximately 47% of residents were born outside of Canada, making it one of the most diverse regions globally. greater toronto area

The GTA is the "engine of Canadian national growth," contributing significantly to the national GDP.