About Toronto time
Toronto shares Eastern Time with New York, coordinating Canada’s largest financial centre and the Toronto Stock Exchange.
Toronto changes its clocks in lockstep with the U.S., so its offset to London still drifts during the two-week DST mismatches each spring and autumn. Statutory holidays differ from the U.S. — Canada Day (July 1) and a distinct Thanksgiving in October reshape the business calendar even though the clock matches New York.