The Impact of Toronto’s Financial Sector

The Conference Board of Canada, 15 pages, March 9, 2020
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This report assesses Toronto’s role in Canada’s financial services sector. It examines how the sector fares in global rankings, and how the city compares with other global financial centres.

Document Highlights

  • How Toronto ranks among international financial centres
  • The latest rapid growth—in both employment and GDP—of financial services in Canada, Ontario, and Toronto
  • A rundown of financial services subsectors—from the big five banks to TMX Group—and the latest rankings on their performance
  • Data on the financial services sector’s support for Canadian businesses, including fintech and venture capital funding
  • Current numbers on women’s representation on boards and senior management, and how the sector has one of the highest ratios of female employment in Canada
  • Growth rates for Canadian financial services exports and investment abroad

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