Bay Street
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Bay Street is a street in downtown Toronto, Ontario, Canada. It is the centre of Toronto's financial district and is often used by metonymy to refer to Canada's financial industry just as Wall Street is used in the United States and The City in the United Kingdom. This is a rather recent development (1970s), as this position used to be held by St. James Street, in Montreal. Within the legal profession, the term Bay Street is also used colloquially to refer to the large, full-service business law firms of Toronto, particularly the top-tier law firms known as the Seven Sisters. The name of the s...
Bay Street is a street in downtown Toronto, Ontario, Canada. It is the centre of Toronto's financial district and is often used by metonymy to refer to Canada's financial industry just as Wall Street is used in the United States and The City in the United Kingdom. This is a rather recent development (1970s), as this position used to be held by St. James Street, in Montreal. Within the legal profession, the term Bay Street is also used colloquially to refer to the large, full-service business law firms of Toronto, particularly the top-tier law firms known as the Seven Sisters. The name of the street originated in 1797 from the fact that it connected (then) Lot Street (now Queen Street West) to a bay in Toronto Harbour. It was originally called Terauley Street (from Queen Street to Grenville Street) and renamed in the 1920s. Bay Street stretches from Queens Quay (Toronto Harbour) in the south to Davenport Road in the north. The original section of Bay Street ran only as far north as Queen Street West. Sections north of Queen Street were renamed Bay Street as several other streets were consolidated and several gaps filled in to create a new thoroughfare in the 1920s.
