With more than 2.5 million residents, Toronto is the largest city in Canada, the provincial capital of Ontario and the fourth-most populous city in North America. It sits on the northwestern shore of Lake Ontario in the heart of the densely populated region in Southern Ontario known as the Golden Horseshoe.
Its cosmopolitan and international population reflects its role as an important destination for immigrants to Canada. Toronto is one of the world's most diverse cities by percentage of non-native-born residents, with about 49% of the population born outside Canada.
As Canada's commercial capital, it is home to the Toronto Stock Exchange and the five largest banks in the nation.
The city is a well-known sports town, home to the Toronto Maple Leafs, one of the National Hockey League's Original Six clubs, the National Basketball Association’s Toronto Raptors, and the Major League Baseball Toronto Blue Jays. In 2015, Toronto will play host to the Pan American Games.