Employers

A Global Decision-Making Centre

Like other leading financial cities, Toronto is a decision-making centre for both domestic and major international companies. All five major Canadian banks, the largest life insurance firms, the majority of the country’s pension plans and 80% of Canadian mutual fund companies are located here.

In addition, the Toronto region is home to a host of major global corporations and Canadian subsidiaries of foreign financial institutions. The region is a hub of global business activity, where important decisions and major deals are made every day.

Toronto is also home to the TMX Group, which owns and operates Canada’s two national stock exchanges – Toronto Stock Exchange and the TSX Venture Exchange. TMX’s equity exchanges are the third largest in North America and the eighth largest in the world based on market capitalization.

Major financial services employers in the Toronto region include:

• BMO Financial Group
• CIBC
• Manulife Financial
• RBC Financial Group
• Scotiabank
• Sun Life Financial
• TD Bank Financial Group