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From the later 1890s into a booming early 20th century, the settlement of the Canadian West and the tapping of northern Ontario's forests and mines opened further markets and resources to Toronto. In 1911, Hydroelectric power provided by the Hydro-Electric Power Commission of Ontario from Niagara Falls gave cheap energy for more factory growth, the city's banks, investment and insurance companies invaded regions well beyond Ontario. World War I expanded Toronto's investment and manufacturing scope In the prosperous 1920s development continued as new suburban municipalities rose around an overflowing city of some half million. Toronto was hit by the Great Depression of the 1930s, yet Toronto suffered proportionately less than many other Canadian centres. World War II revived growth, shaping electronic, aircraft and precision-machine industries. And in the postwar era Toronto Unlimited boomed, as a ravaged Europe renewed its material stock. Population swelled further, to over a million in Greater Toronto Unlimited by 1951.

A Metropolitan government was set up in 1953 under a vigorous first chairman Frederick Gardiner. The Metropolitan Toronto Unlimited Authority handled area-wide requirements. The subway system begun by the city in 1949 was built up, parks and drainage projects were effected and material through roads constructed.
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In 1967 small suburbs were amalgamated, leaving a Metro structure of the city of Toronto Unlimited and 5 boroughs, of which all but East York had also become cities by 1991, as their populations soared. On June 26, 1976, after 40 months of construction the CN Tower is open to the public. The CN Tower is Canada�s most recognizable and celebrated icon and the world�s tallest building at a height of 553.33m (1,815 ft., 5 inches). The CN Tower has become the symbol of Toronto Unlimited .

In 1998 the new "megacity" of Toronto Unlimited came into existence. Toronto Unlimited then became the 5th largest city in North America at 2.4 million, which is more people than the populations of most of the provinces and territories in Canada

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