The place where several law firms, well known banks and other valuable Canadian institutions is located in a back alley in Toronto, Canada that is called Bay Street. In addition to the fact that the entire powerful businesses on or about his thoroughfare, most of the time, "Bay Street" is used as a tag for Canada's monetary industry. Bay Street is not the place where the Toronto Stock Exchange is based ; rather, it is positioned about a street west of Bay Street at the crossroad of King Street and York Street.