Toronto, which is located on Lake Ontario, is the most populous city in Canada and the provincial capital of Ontario. The metro area population of Toronto in 2018 was 6,082,000, a 1.2% increase from 2017. Toronto has an estimated population of 2.81 million in 2016. … The 2016 Census indicates that 51.5% of Toronto's population is composed of visible minorities, compared to 49.1% in 2011, and 13.6% in 1981. Toronto is Canada’s most populated city and is located on the shores of Lake Ontario in the province of Ontario. With 6.2 million people living in the urban area, Toronto has almost double the population of Canad’s next most populated city, Montreal. The greater census metropolitan area (CMA) has a much larger population of 5.9 million.