The world of finance is changing. The global industry is being reshaped by an unprecedented wave of regulatory reform, consolidation and technological changes.
Investors are looking for a place with stable economic and political environments and a strong innovative ecosystem to support their businesses. They will find that and more in Ontario.
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Ontario’s financial services companies are concentrated in downtown Toronto, close to IT, professional and other services. That concentration will give you a critical strategic advantage.
Our financial services sector generates approximately $63 billion in GDP and employs about 365,000 people in some 12,000 financial services firms. In Toronto, Ontario, the centre of Canada’s financial services industry, your company will be at the heart of the action. Toronto is North America’s second largest financial services hub after New York City in terms of industry employment.
The city is Canada’s financial services capital and headquarters for:
The concentration of financial services activity can give your business an advantage. You’ll easily be connected to leading financial institutions, funds, innovative IT and great talent.
Our highly educated, skilled, multilingual and multicultural financial services workforce is 365,000 people strong and accounts for nearly half of Canada’s financial services employment. They have the creativity and energy to make your business prosper.
We are home to:
We offer competitive costs for your business operations. In Ontario, you’ll find potentially significant cost savings over many other international financial centres.
Ontario’s stable economy can be largely attributed to its position at the heart of Canada’s highly advanced banking and financial systems.
Global financial leaders have recognized the competitive advantages they can gain by relocating or expanding their operations here including access to major cities in the United States.
For example, in 2011, China Investment Corporation, China’s sovereign wealth fund, opened its first overseas office not in London, New York or Chicago, but in Toronto, Ontario.
Banking
Financial Technology
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