Toronto. Financial services capital of Canada. One of North America’s premier financial centres and the fastest growing. A dynamic and vibrant business centre, Toronto has a sophisticated cluster of financial services companies, offering a range of quality services and expertise that rank among the best in the world.

The Toronto Financial Services Alliance (TFSA) enhances and promotes the competitiveness of Toronto as a premier financial centre. Our membership encompasses core financial services companies and partner sectors.

Contact us with questions about business and investment opportunities in Toronto’s dynamic financial services sector. We offer an in-depth industry profile, information on the city’s key economic sectors and helpful liaison with government and industry organizations.

 Toronto is the business and financial capital of Canada. It is the heartland of Canadian commerce with a financial services infrastructure that is economically stable, credible and strong. The influence of Toronto-based financial services extends far beyond the local sphere: this dynamic industry also shapes Canada's economy and sets the pace for business across the country and beyond.

The Toronto Region Highlights:
The centre of Canada's business activity and the financial capital of Canada. It is the heartland of Canadian commerce with a financial services infrastructure that is economically stable, credible and strong.
More than 220,000 ( almost one quarter of a million) people work in Toronto region's financial services sector making it the third largest concentration of financial services employment in North America, after New York and Chicago. as well almost a third ( 27% ) of Canada's financial sector employment.

More than 70 per cent of the financial services sector's employees hold post secondary credentials - well ahead of the regional industrial average. Toronto also represent s the 2nd largest CFA society after New York.
The City has the largest WiFi zone in Canada. A total of six square kilometres of WiFi coverage is now available in Toronto's downtown core. For further information check out: www.onezone.ca
Toronto's financial services sector sustains many other industries as a leading consumer of resources, including law, accounting, information technology, education/training, and business services.
Between 1997 and 2007, the financial services sector added nearly 51,000 workers or 2.7 per cent per year.
The financial services sector leads all other service producing sectors, contributing 17 per cent to Toronto's Gross Municipal Product.

Is home to five of Canada's largest domestic banks, 39 foreign bank subsidiaries and branches and 119 securities firms.
Between 1996 and 2006, the largest banks spent collectively over $37.6 billion on technology, and $4.4 billion alone in 2006, with much of this investment concentrated in their key Toronto-based operations. In fact, in a 17-country study, Ernst & Young identified Toronto-based financial firms as global leaders in electronic banking and alternative service solutions.
Is headquarters to Manulife and SunLife - two of the top 10 life insurers worldwide, based on market capitalization; 61 mutual funds companies, 58 pension fund managers and five of Canada's largest pension plans with combined assets in excess of $300 billion.

Is Home-base of the TSX Group, the third largest stock exchange in North America and the eighth largest in the world based on market capitalization. More mining companies are listed on TSX and TSX Venture Exchange than any other exchange in the world. Combined, TSX and TSX Venture Exchange have over 1,200 mining companies valued at over $320 billion.