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  1. May 19, 2021 · While NYC remains the largest financial centre on the continent in terms of employment numbers, Toronto is catching up fast, according to newly-released data from the Conference Board of...

    • Lauren O'neil
  2. Toronto now has the second-largest financial centre in North America and the seventh-largest globally in employment. According to the Conference Board of Canada — a think tank analyzing economic trends — the city’s financial services sector continues to grow and significantly impacts the local economy, as well as the country’s ...

  3. Toronto boasts the third-largest tech sector in North America, trailing only Bay Area and New York City. Home to notable AI research labs such as NVIDIA AI Lab, Samsung AI Lab, and Sanofi AI Centre of Excellence. Toronto is the second-largest financial centre in North America, after New York.

  4. Jun 18, 2021 · Toronto has moved into second place overall in a study of the most promising investment locations in the Americas by fDi Intelligence – a specialist publication from the Financial Times. This ranking reflects Toronto’s rising stature as an international centre of investment, commerce, trade, development and innovation.

  5. Toronto is Canada’s business and financial capital, a growing financial hub in North America, and a top ten global financial centre. Toronto’s Gross Domestic Product (GDP) growth is significantly outpacing the national average.

  6. May 21, 2021 · It highlights that Toronto had the fastest-growing financial sector in North America and the fifth-fastest growing financial sector in the world over the last ten years.

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  8. Jul 6, 2023 · The city had the fastest-growing financial sector in North America over that period. Financial services accounted for the largest share of Canadian foreign direct investment abroad in 2018, reaching $643 billion—50 per cent of Canada’s total FDI.