Bay Street

Canada's Wall Street — the Big Six and the TSX.

Bay Street in downtown Toronto is the headquarters of Canadian finance. It is home to the Toronto Stock Exchange, the Big Six Canadian banks (RBC, TD, Scotiabank, BMO, CIBC, National Bank), and the country's largest pension funds (CPP Investments, Ontario Teachers', OMERS). The cluster spans roughly from Front Street north to Bloor and forms one of North America's most concentrated banking hubs.

Origin

The Toronto Stock Exchange traces to 1852; the Big Six banks all moved their headquarters into the Bay-King area in the late 19th century. The skyscraper cluster emerged in the 1970s with First Canadian Place and Commerce Court.

Who works here

Big Six Canadian banks (RY, TD, BNS, BMO, CM, NA)
Brookfield Asset Management
CPP Investments, OTPP, OMERS — the "Maple 8" pension funds
TMX Group (operator of the Toronto Stock Exchange)

Landmarks

First Canadian Place (BMO)
TD Centre (Mies van der Rohe complex)
Royal Bank Plaza (the gold-windowed twin towers)
Toronto-Dominion Centre

Primary exchange

Toronto Stock Exchange· TSX

Three indices a local would build

Open the prompt box pre-filled with one of these and turn it into a transparent, rule-based index in under a minute.

An index of the Big Six Canadian banks, equal-weighted.open in builder →
A Canadian dividend aristocrats index — TSX names with 10+ years of dividend growth.open in builder →
Canadian energy producers ranked by free-cash-flow yield.open in builder →

Origin

Who works here

Landmarks

Primary exchange

Three indices a local would build

Other North America locations