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May 19, 2021 · Toronto's no slouch on the global finance scene, as evidenced by its top 10 presence on The Banker's 2019 ranking of international financial centres. Image via Conference Board of Canada.
- Lauren O'neil
“The city had the fastest-growing financial sector in North America over that period.” Toronto follows New York with the second largest financial centre in North America and eighth in the world. But Toronto comes in first place in the continent with the highest concentration of financial services employment at 8.3 % — only Luxembourg and Singapore have higher concentrations in the rest ...
May 18, 2021 · A decade ago, some in Canada thought that Toronto might turn into a major global financial centre because it was so boring. The Great Recession had taken out several famous financial institutions in the United States and Europe, but Canada’s big banks had survived the storm intact.
- Kevin Carmichael
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. In news that may come as a surprise to some, growth in banking and insurance outpaced the average of all industries in Toronto (and in Ontario and Canada, for that matter) between 2011 and 2019.
According to a new report from the Conference Board of Canada, Toronto’s finance and insurance workforce is growing faster than any other city on the continent. See also: Pro basketball executive teaches financial literacy amid pandemic; University of Toronto ranked first in Canada in 30 subjects
- Megan Devlin
Jun 18, 2021 · News Release. June 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 ...
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Will Toronto become a major financial centre?
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A growing reputation. “Toronto is the second-largest financial centre in North America,” explains Jennifer Reynolds, President & CEO of Toronto Finance International. “It’s taken some time, but our reputation is growing globally. We aren’t as well-known as we should be for the strength of our financial centre and our fintech development.
