The country’s per capita income ranks at number two within the G-7 nations, and it stands at sixth globally in human development. Canada also performs favourably in international rankings of education, quality of life, government transparency and economic freedom.
Rich in Resources
“With our on the ground presence, extensive experience and knowledge of the local real estate market in Ontario, Canada we focus our investments in this area, specifically the Greater Toronto Area (GTA) and the Golden Horseshoe.”- Stephen Huggins
Ontario and the Greater Golden Horseshoe
The Greater Golden Horseshoe—called the GGH by local residents—is a densely populated and industrialized region centered at the western end of Lake Ontario in Southern Ontario, Canada. Its outer boundaries stretch south to Niagara Falls and the US border, and north to Georgian Bay. The whole region covers approximately 33,500 square kilometers, with the Greater Toronto Area (GTA) as its epicenter.
The GGH had a population of 8.1 million people as of the 2006 census, and that figure is projected to grow to 11.5 million people by 2031. The current total represents over a quarter (25.6 percent) of Canada’s population and approximately 75 percent of Ontario’s, making the GGH one of the largest population concentrations in North America and the sixth most populated urban zone in North America, just behind the Baltimore-Washington-Northern Virginia combined statistical area.
The Greater Toronto Area
The Greater Toronto Area (called the GTA by local residents) is the largest metropolitan area in Canada and is centered around the fifth largest city in North America, Toronto, after Mexico City, New York City, Los Angeles, and Chicago. The GTA has a population of over 6.1 million people (2011) and is one of North America’s fastest growing regions.
The GTA is also Canada’s undisputed business and manufacturing capital, and the third-largest financial centre in North America after New York and Chicago. The GTA generates a fifth of Canada’s GDP and is home to 40 percent of Canada’s corporate headquarters. The GTA also has superior infrastructure (IT, highway and rail) and boasts the busiest artery in North America—the 401 King’s Highway. This area is truly the economic powerhouse of Canada.