Toronto in Canada

July 2024

The Toronto in Canada report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration, wealth and other consumer topics. On top of the consumer analysis, economic city landscape is represented including statistics and projections for key macroeconomic, labour and transport indicators.

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Overview:

Toronto in Canada is based on Euromonitor’s City Scorecard. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. The scorecard considers indicators across eight key pillars that are at the core of a city’s consumer market development. The scorecard is built by ranking cities in a country/regional context and provides an easy-to-understand system to quickly identify city-specific risks and opportunities.

Euromonitor’s City Scorecard covers over 30 indicators in eight pillars:
• Population
• Consumer Expenditure
• Digital Consumer
• Wealth
• Possession of Household Durables
• Economy
• Labour
• Transport

Toronto in Canada helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Comparative data and newest city insights will help businesses customize and tailor country market entry strategies pinpointing the cities with the most future potential.

The Toronto in Canada market research report includes:

  • Major Toronto cities scorecard
  • Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
  • Historic data on population, consumer expenditure, digital consumer and other indicators
  • Five-year forecasts of trends and city growth

The Toronto in Canada in Toronto report answers: 

  • How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
  • Which cities will be the fastest growing in Toronto?
  • What is the consumer market potential in specific cities?
  • Which cities in “Country” have the largest number of wealthy consumers?
  • How does the city affordability differ across country and region?
  • How does labour productivity differ across cities?
  • What is the household profile in different cities?

Toronto in Canada

HEADLINES

Chart 1 Toronto City Scorecard Rankings Among 370 North America Cities
Summary 1 City Scorecard Compared to and 2023
Chart 2 Key Toronto Population Indicators Compared to Canada and North America 2023
Chart 3 Toronto Population Growth Compared to Canada and North America 2018-2028
Chart 4 Toronto Growth Index of Population Aged 0-14, 15-64 and 65+ Year-Olds 2018-2028
Chart 5 Toronto Population by Age and Sex 2023
Chart 6 Toronto Consumer Expenditure per Capita Compared to Canada and North America 2018-2028
Chart 7 Toronto Consumer Expenditure Structure 2023
Chart 8 Key Toronto Digital Consumer Statistics Compared to Canada and North America 2023
Chart 9 Digital Consumer Historic Growth and Forecasts in Toronto 2018-2028
Chart 10 Toronto Disposable Income per Household Compared to Canada and North America 2018-2028
Chart 11 Number of Households by Disposable Income Band in Toronto 2018/2023/2028
Chart 12 Wealthy Consumers: Number of Households with Disposable Income Over USD150,000 in Toronto: 2018-2028
Chart 13 Toronto Household Possession of Kitchen Durables Compared to Canada and North America 2023: % of Households
Chart 14 Toronto Possession of Entertainment Electronics Compared to Canada and North America 2023: % of Households
Chart 15 Toronto Household Possession of Other Durables Compared to Canada and North America 2023: % of Households
Chart 16 Toronto GDP per Capita Compared to Canada and North America 2018-2028
Chart 17 Toronto Real GDP Growth Compared to Canada and North America 2018-2028
Chart 18 Toronto Inflation Compared to Canada and North America 2018-2028
Chart 19 Toronto Labour Indicators Compared to Canada and North America 2023
Chart 20 Economically Active Population and Unemployment Rate in Toronto 2018-2023
Chart 21 Toronto Labour Productivity Compared to Canada and North America 2018-2023
Chart 22 Number of Airport Passengers in Toronto 2018-2023
Chart 23 Automotive Circulation in Toronto 2018-2023
Chart 24 Toronto Transport Possession Compared to Canada and North America 2023: % of Households
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