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- If the not-for-profit think tank's citations are correct, Toronto now boasts the second-largest financial industry in North America, following New York, and ranks eighth on the global scale (right between Paris and Shanghai.)
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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
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 ...
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.
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.
Toronto is North America's second-largest financial centre, ranking among the most important in the world. The city’s financial services sector continues to grow and has a significant influence on the local economy, Canada’s international footprint, and the success of Canadian businesses.
May 21, 2021 · Now, as many pandemic-ravished industries suffer, Toronto is accumulating a growing number of bankers, portfolio managers, and other finance roles at a faster rate than any other city in North America, according to the report.
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.
