About TFSA



The Toronto Financial Services Alliance (TFSA) is a unique public / private initiative of individuals representing the financial services industry and its trade associations, all levels of government and academic institutions. Its mandate is to enhance and promote the competitiveness of Toronto as a premier North American financial services centre.

Since its creation in 2001, the organization has worked in partnership with the City of Toronto to produce some important research describing Toronto's financial services industry, the attractiveness of the City as a business location and identified key issues that affect its competitiveness. Specifically, the TFSA has identified 3 objectives:

  1. To develop and implement awareness-building campaigns for the financial services sector that:
    1. Increase recognition, locally and internationally, of the breadth and depth of the industry within the City.
    2. Promote, locally and internationally, the capabilities of the industry as well as opportunities for future growth and expansion.
    3. Heighten awareness of the contribution the industry makes to the economic vitality of Toronto, Ontario and Canada.
    4. Promote Toronto as a desirable location for financial services operations.
  2. To enhance the competitiveness of Toronto's financial sector within the regional, national and global marketplace by:
    1. Providing intelligence/research on trends and issues affecting the sector.
    2. Identifying the local infrastructure requirements needed to operate effectively and efficiently.
    3. Ascertaining the workforce development needs for the financial services sector and build upon existing educational programs.
    4. Identifying and promoting the sector's unique and innovative products and services.
    5. Facilitating local opportunities for expansion to better retain and attract investment and employment.
    6. Identifying benchmarks to assess the regional and global position of the sector.
  3. To establish partnerships with the financial services industry to identify and develop positions on key common policy issues and advocate for adoption. TFSA will:
    1. Identify opportunities to ameliorate the regulatory and tax environment to ensure the future growth of the industry.
    2. Engage all levels of government to develop strategic policies that will ensure the long term competitiveness of the industry.

For more information, download a copy of the TFSA brochure and TFSA pamphlet (PDF documents)