We can trace Toronto’s prominence as a business hub back to the colonial period when it became a crucial outpost for the fur trade. Its location on Lake Ontario and access to the Great Lakes made it an ideal trade location, allowing it to grow into the major city it’s become. As of 2023, Toronto proper has nearly 100,000 active businesses. Many of the world’s largest, most well-known companies have offices in this key Canadian city. These are the ones to know.
Toronto’s Largest Companies
- IBM
- Microsoft
- Amazon
- Apple
Top Large Companies in Toronto
Google offers hardware and software services that aim to help people function in their daily lives. Its suite of products include Gmail, Chrome, Google Translate, Maps and Drive. Google’s has an office in the Old Toronto area and has operated in Canada since 2001.
Since 1911, IBM has been one of the world’s most prominent tech companies. With nearly 300,000 employees worldwide, its employees fulfill a variety of roles that include coding, consulting, investing, sales and design. In recent years, the company has invested heavily in quantum computing.
Microsoft offers a suite of software and hardware products that are also household names, including Windows and Xbox. The company also invested heavily in AI through its partnership with OpenAI, while working across sectors like Infrastructure-as-a-Service and quantum computing. It’s downtown Toronto location is the company’s Canadian headquarters.
Amazon provides the world’s largest e-commerce marketplace alongside consumer tech products like Alexa, Kindle, Ring and Fire TV. It operates two office in Old Toronto, employing 3,500 employees in the city. It’s on the lookout for talented software developers, engineers and AI professionals to join its Toronto team.
Apple offers some of the most popular consumer software and hardware in the world. The company has long been known for being at the edge of technological advancement, such as the iPhones, HomePod and Newton. Apple’s corporate Toronto office is just minutes from the Harbourfront in the Southcore Financial Centre.
Magna International provides the auto industry with technology solutions and products that include energy storage systems, chassis systems and solutions for lighting and seating. The company has several manufacturing facilities in Canada and its Headquarters in Aurora, Ontario.