Toronto, the capital of Ontario, is a major city in Canada and serves as the country’s top market for data centers, service providers and network fabrics. Although Ottawa serves as the nation’s capital city, Toronto is regarded as Canada’s business and finance capital.
Toronto has a GDP of over US$310 billion, and with a significant contribution from the digital economy, its data center industry is thriving. The top providers currently include: Cologix, TR1, Allied, TR2 and Neutral Data Centers.
Housing five of six national banks and one of the largest stock exchanges in North America (TSX), Toronto is a major financial center for its country and continent. Proficiency in this industry has created a large demand for the colocation, cloud and connectivity markets throughout the city.
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*Data gathered from CloudScene