Toronto is not the capital of Canada but it is cultural, entertainment, and financial capital of the nation. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from the Mississaugas of the New Credit. The settlement was later established as the Town of York and proclaimed as the new capital of Upper Canada by its lieutenant-governor, John Graves Simcoe. In 1834, York was incorporated as a city and renamed to its present name.
Toronto is heralded as one of the most multicultural cities in the world and is ranked as the safest large metropolitan area in North America. Over 140 languages and dialects are spoken here, and just over 30 per cent of Toronto residents speak a language other than English or French at home.
It is the largest Canadian city and 5th largest city in North America after New York, Los Angeles,Chicago and Mexico City.