MUMBAI: Toronto, the financial capital of Canada, will be host to next year’s International Indian Film Academy Awards (IIFA).

Canada came out as a top choice to host the awards as it already has a large fan base for Bollywood films. Besides, the country also boasts a large Asian community.

The four-day event will take place between 16 and 19 June next year where besides the actual awards ceremony, there will be an industry conference and also a film festival.

With the IIFA to be staged there, it will be a great opportunity for Toronto to make a name for itself on the world stage. As many as 40,000 tourists are expected to descend on the city when the event takes place.

Since the ceremony was launched way back in 2000, the awards have been held in different international cities like Dubai, Amsterdam, Johannesburg, Bangkok and Colombo amongst others.