Toronto is an Economic Powerhouse

Toronto is the Canadian headquarters to global leaders in banking, insurance, asset management and capital markets. It’s also home to local innovators in emerging areas such as fintech and sustainable finance.

Jobs in Toronto’s financial sector have skyrocketed over the past decade, making it a top global city for successful financial investments within the sector. It has a higher concentration of financial sector employment than New York and London.

Toronto is teeming with opportunities for both established companies and startups. As one of the largest tech centres in North America, the region also provides a unique and thriving environment for financial services innovation, delivering a true competitive advantage. Toronto consistently ranks among the most competitive cities in the Global Financial Centres Index (GFCI), securing eighth place in North America.

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You’re in Good Company

The world’s top finance companies call the Toronto region home, including three of the world’s largest pension funds—OMERS, Ontario Teacher’s Pension Plan and CPP Investment Board—and the five largest banks in Canada.

Jennifer Reynolds Former President and CEO, Toronto Finance International

“Toronto is a top financial sector in both Canada and North America. Our banking, pension and insurance institutions are global leaders. Their success creates a thriving financial sector with significant international influence. Home to one of the largest financial and technology talent pools, Toronto is an ideal city to grow industry leaders.”

Host With the Most

The city has also hosted major local conferences and events. These include the Bank of America Financial Services Conference, Scotiabank Financials Summit, CFO Summit, Sibos, Payments Canada Summit, Bankers Summit, OSC Dialogue, Principles for Responsible Investment (PRI in Person) and more.

Toronto Metropolitan University Lecture Room

Hub for Research and Innovation

In Toronto, you have the opportunity to connect with researchers working out of our internationally hailed universities: University of Toronto, Toronto Metropolitan University and York University.

Tech Tours and Unique Experiences

Want to experience Toronto’s finance industry first-hand? Tour everything from the Toronto Region Board of Trade, a central hub for business innovation, to York University’s Risk and Insurance Studies Centre and Blockchain Lab.

Toronto's Financial District, at King and Bay Streets downtown

Did You Know?

Toronto is often considered “Silicon Valley North,” with more than 400 fintech companies.

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An Insider’s Toronto: Eva Wong

Eva Wong is the co-founder and chief operating officer of Borrowell, one of the largest consumer fintech companies in Canada. To help people make decisions about credit, Borrowell offers free credit scores and reports, credit-building products, and AI-driven financial product recommendations.