Assessing Toronto’s financial services cluster

Released June 2007

Toronto’s financial services industries are critical drivers of prosperity in the city region, in Ontario and across Canada. The Toronto Financial Services Alliance (TFSA) and the Ontario Ministry of Economic Development and Trade (MEDT) are working to develop a provincial strategy to support continued growth in the sector. In support of this work, the Institute for Competitiveness and Prosperity has assessed the key strengths and weaknesses of the financial services cluster versus its key North American competitors. The TFSA enhances and promotes the competitiveness of Toronto as a premier financial centre. Its membership encompasses core financial services companies and partner sectors.

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Topics: Business growth and innovation, Clusters