Quote:
Originally Posted by caltrane74
Toronto is not Ontario.
Toronto is actually leading the Canadian cities on combined economic indicators as per CIBC. No oil here so the only thing that keeps us afloat is pure unbridaled capitalism, sheer numbers and forces of will. Of course the fact the global elite are all parking their money here helps too.
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Actually it's oil that is keeping Toronto afloat too. Much of the growth of the finance sector over the last decade has been riding on the coat tails of investment in Alberta.
Toronto relies on the oil sands almost as much as Alberta.