Utilize the input text as a context reference, choose the right relationship between 'Scotiabank' and 'Toronto' from the options.
Options: position held, industry, headquarters location, owner of

With a team of more than 86,000 employees and assets of $837 billion (as at April 30, 2015), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS).
headquarters location