2013 News & Media Releases

December 10, 2013

Dubai International Financial Centre & TFSA sign Memorandum of Understanding (MoU)

Dubai International Financial Centre Authority (DIFCA), the independent body corporate within the DIFC responsible for the economic development and planning of the Centre, signed a strategic agreement with Toronto Financial Services Alliance (TFSA), a unique, public-private partnership dedicated to growing Toronto region's financial services cluster. The Memorandum of Agreement outlined a mutual agreement that both parties would work to foster a business to business collaboration in their respective financial centres.
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November 25, 2013

Competing On The Global Stage Is Paying Off For Toronto's Financial Services Sector

One of every 13 jobs in the Toronto area is in financial services, and the sector accounted for 13.8 per cent of Toronto's economy in 2011 - second only to manufacturing - according to a Conference Board of Canada report released today. The report 'Ensuring the Future: Understanding the Importance of Toronto's Financial Services Sector' was funded by the Toronto Financial Services Alliance. Seven industries are included in the financial services sector: banking, credit unions, insurance, asset management, securities, exchanges, and back-office operations.
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November 23, 2013

Pension Plans’ Investment Potential Benefits All Canadians: Janet Ecker

"People often forget the economic value of having defined benefit pension plans like a Teachers or an OMERS in the economy because those are big pools of cash that can do good things for the economy and society..." - Janet Ecker
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November 21, 2013

Assesing Investment Opportunities in Canada

The Consulate General of Canada in Minneapolis invites you to attend a special breakfast seminar featuring investment opportunities in Canada's financial services industry.
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November 16, 2013

Trending Technologies Business Case

TFSA in association with ICTC as created a series of business cases focusing on 5 trending technologies that have been and continue to be a key driver in economic growth for economy at large and more specifically the financial services industry. The third of this five focuses on Mobile Applications and how Toronto finance organizations are in a strong position to take advantage of this trend.
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November 15, 2013

TFSA Podcast Series: Episode #4 Release

The Toronto Financial Services Alliance is pleased to release episode #4 of our new podcast series. Toronto: A Centre of P3 Excellence with Mark Romoff, President & CEO, of The Canadian Council for Public-Private Partnerships. This podcast will focus on one of Canada's key strengths, public-private partnerships (P3s), and how they address infrastructure needs.
Listen to Podcast Here

October 22, 2013

Euroweek: Canada in The Global Market Sept 2013

Euroweek provides an unrivalled weekly snapshot of the mood and state of the global capital markets and its people and institutions. Please see page 16 for TFSA President & CEO, Janet Ecker's, interview.  
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October 22, 2013

Potential of Free Trade with Europe “Promising”: TFSA

The agreement-in-principle to sign a free trade agreement with the European Union has promising potential for Canadian businesses and consumers, said Toronto Financial Services Alliance (TFSA) President and CEO Janet Ecker in a statement today.
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October 20, 2013

Toronto is The World's 2nd Most Reputable City: Study

A new study suggests Toronto is one of the most reputable places in the world, with the city finishing in second place in a ranking of 100 major cities. 
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October 10, 2013

Trending Technologies Business Case

TFSA in association with ICTC as created a series of business cases focusing on 5 trending technologies that have been and continue to be a key driver in economic growth for economy at large and more specifically the financial services industry. The second of this five focuses on Cloud Computing and how it can reshape the Toronto region's financial ICT ecosystem.
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September 30, 2013

GFCI 14 Published Today

The latest Global Financial Centres Index, GFCI 14, covering 80 financial centres, was published on September 30 by the London based Z/Yen Group. Toronto moved up one notch in the rankings, and remains one of only 11 financial centres judged by GFCI to be a "global leader," owing to the breadth and depth of its financial services industry. As a sub-sector, Toronto's asset management capabilities placed it among the top ten centres in the world, according to GFCI 14. GFCI joins The Banker, The Economist, Ernst & Young, KPMG and PwC in ranking Toronto highly as an international financial centre, a place to do business and a place to live.
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September 30, 2013

TFSA Welcomes Expansion of Free Trade with Chile

The Toronto Financial Services Alliance welcomes the announcement today that Canada's free trade agreement with Chile has been expanded to include financial services. TFSA President and Chief Executive Officer Janet Ecker, who participated in today's announcement with International Trade Minister Ed Fast and Chile's Minister of Foreign Affairs, Alfredo Moreno, said Canada's financial services industry has become increasingly export-oriented, with the value of its exported services doubling in the past decade.
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September 27, 2013

Janet Ecker featured as a guest blogger on the TMX blog

New post from Janet Ecker on the TMX blog: Toronto leads in Clean Technology.
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September 26, 2013

TFSA Podcast Series: Episode #3 Release

The Toronto Financial Services Alliance is pleased to release episode #3 of our new podcast series. Toronto: The Talent Advantage with Catherine Chandler-Crichlow from the Centre of Excellence in Financial Services Education (CoE). This podcast will focus on Toronto's current talent strengths and future opportunities.
Listen to Podcast Here

September 23, 2013

TFSA strongly welcomes move toward coordinated capital markets regulator

Statement regarding the announcement of a Coordinated Capital Markets Regulator.
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September 15, 2013

Canada - UK Chamber of Commerce Fall Newsletter

The Chamber held its 4th Canadian Chief Economists Panel debate and lunch on 14 June at the Grange City Hotel in London. The occasion was well-supported with over 250 attending the lunch. TFSA had a presence through the sponsorship of a table.
For more info on the event - view the Chamber Newsletter.

September 12, 2013

Trending Technologies Business Case

TFSA in association with ICTC as created a series of business cases focusing on 5 trending technologies that have been and continue to be a key driver in economic growth for economy at large and more specifically the financial services industry. The first of this five focuses on Strategic Big Data and the shift of how large corporations analyze the information contained in their enterprise data warehouse. 
Click here to view report

September 4, 2013

TFSA Podcast Series: Episode #2 release

The Toronto Financial Services Alliance is pleased to release episode #2 of our new podcast series: Toronto - A Centre for Technology and Financial Services with Sam Bourgi from the Information and Communications Technology Council (ICTC). One of Toronto's key strengths is the size and expertise of its financial services technology pool. This podcast will examine the state of the financial services IT sector as well as the leading technologies that are available and the opportunities they can offer.
Listen to Podcast Here

September 4, 2013

Canadian Banks Remain Soundest According to World Economic Forum, 6th year in a Row

For the sixth year in a row, the World Economic Forum has ranked Canadian banks the soundest in the world in a report released today.
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August 30, 2013

Talent Profile Chart Book 2013

For information on Toronto financial services talent pool, please see the below report created by Centre of Excellence in Financial Services Education.
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August 28, 2013

Toronto Ranks 4th in The Global Liveability Ranking

Toronto ranks 4th in this years liveability survey. The ratings work by assessing which locations around the world provide the best or the worst living conditions. The Economist Intelligence Unit's liveability rating quantifies the challenges that might be presented to an individual's lifestyle in an given location, and allows for direct comparison between locations.
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August 20, 2013

Launch of 'The TFSA Report': Podcast #1

TFSA is pleased to announce the launch of our first podcast. The TFSA Report is a series of podcasts designed to provide you with information and insights about the financial services sector in the Toronto region. Learn why Toronto is an ideal place to set up or expand your financial services company and how the TFSA can help. Each podcast will feature a different expert on the Toronto region.In this first podcast, learn about Toronto Financial Services Alliance's role in growing Toronto as a global financial hub through the eyes of the president and CEO of TFSA, Janet Ecker.
Click here to listen

August 16, 2013

Janet Ecker featured as a guest blogger on the TMX blog

Janet discusses TFSA's role in drawing attention to Toronto's globally competitive advantages, including TSX and TSX Venture Exchanges's role as top 10 public equity markets. 
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July 5, 2013

Let’s Make Toronto a “Top Ten” Global Financial Centre

We need your help to get Toronto ranked as a "top ten" global financial centre again. Twice a year, the Global Financial Services Index (GFCI) ranks the top global financial centres using both data analysis and survey responses from global financial executives. While Toronto has cracked the "top ten" in four of the last five reports, the March survey placed us in 12th spot. Your opinion, and the opinions of your financial colleagues working around the world can make a difference. All it takes is for you and your global colleagues to take five minutes of your time to complete the survey and express your views on Toronto as a global financial centre. Responses from executives who work offshore are given extra weight in the scoring, so please encourage your global financial colleagues, to participate. These results matter. Publications like the Financial Times frequently quote the latest survey when describing financial centres around the world.  
Click here for survey
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June 6, 2013

Update: TMX Ecosystem - A Dynamic Concentration of Financial Expertise

Check out our new brochure on the 'TMX Ecosystem'. As a capital marketplace, Toronto has evolved into a dynamic financial ecosystem of domestic and offshore investment banks, law firms and other capital-market participants. Informed by a network of managers, professionals, consultants and participants across Canada, the city's financial expertise extends from domestic regulatory requirements to cross-border issues such as tax, financial risk management, bill payments and global technological infrastructure.
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June 6, 2013

Update: TFSA Membership Survey Summary

In January 2013, the TFSA delivered "TFSA 3.0", a strategic plan that outlines the organization's objectives and direction from 2013-2016. The plan enables the TFSA to act in a more focused and integrated fashion to sustain and enhance growth, competitiveness and international reputation of the Toronto region financial services sector. One initiative outlined in TFSA 3.0 is to initiate important dialogue between the TFSA and its stakeholders through a membership survey. The survey results outlined in the summary provide the TFSA and our partners with key insights and feedback, and allow us to develop baseline metrics to measure progress going forward.
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May 25, 2013

OECD - Better Life Index. Canada Ranks 3rd for Best Places to Work and Live.

This Index allows you to compare well-being across countries, based on 11 topics the OECD has identified as essential, in the areas of material living conditions and quality of life. Canada ranks 3rd of world's best places to work and live.
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May 22, 2013

Toronto Financial Services Alliance Welcomes Results of Ontario's "Open for Business" Initiative

TORONTO, May 22, 2013 /CNW/ - The Ontario government's "Open for Business" initiative is producing positive results according to the Toronto Financial Services Alliance, as the report on the dialogue with the financial services sector under the government's Business Sector Strategy was made public today.
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May 6, 2013

Update: City Week 2013, London – 22-25 April 2013

TFSA are now following up on a successful visit to City Week 2013 in London. Please see attached for an update on TFSA's activities in and around the conference.
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May 2, 2013

News Release: TFSA welcomes continued focus on deficit

TORONTO, May 2, 2013 /CNW/ - Eliminating the deficit is the single most important thing the government can do to secure Ontario's prosperity, the Ontario Government said in today's budget. The Toronto Financial Services Alliance (TFSA) agrees, and is pleased that the province continues to forecast a balanced budget by 2017-18, as previously forecast.
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April 8, 2013

Another Top Ten Ranking for Toronto

"Coming in second, Toronto's business friendly environment is encapsulated in Invest Toronto's American Cities of the Future submission, which states: "When stable, transparent financial and regulatory systems combine with a society that enjoys some of the most advanced freedoms in the world, it creates an environment for success." 
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March 26, 2013

News Release: TFSA Response to Federal Budget

TFSA welcomes federal budget initiatives promoting financial sector.
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March 25, 2013

Toronto Ranks 3rd Among Low Risk Cities In Talent Management

The company's 2013 People Risk Index measures the risks that organizations face with recruitment, employment and relocation in 138 cities worldwide. It does this by analyzing factors such as demographics, access to education, talent development, employment practices and government regulations.
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February 19, 2013

Grand opening: CSI GlobalVcard opens new office in Toronto

CSI Enterprises, Inc., under the trademark brand name globalVCard®, Inc., a leader in innovative financial solutions for enterprises and businesses, is set to open its newest office in downtown Toronto, Ontario, Canada. CSI Enterprises announced it is in the early stages of expansion of its globalVCard® MasterCard® product line into the Canadian market. The grand opening will take place February 19, 2013. Press release attached.
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February 7, 2013

Janet Ecker on Jeff Randall Live

Janet Ecker interview on Jeff Randall Live about why Mark Carney is teh best man for Bank of England's top job.
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January 21, 2013

TFSA Update - January 2013

January 2012 newsletter. TFSA Update is published quarterly by the Toronto Financial Services Alliance, a public-private partnership created in 2001 to enhance and promote the competitiveness of Toronto as a global financial centre. Click the link below to view the PDF newsletter.
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January 8, 2013

Canada’s Financial Sector Warrants International Praise

In its recent assessment, the Organization for Economic Cooperation and Development forecasted Canada will outpace its G7 peers in economic growth over the next 50 years. And during that same half century, Canadian GDP growth will average 2.2 per cent annually.
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Jul 4, 2018
New report introduces innovative framework to grow Canada’s cyber talent supply

May 3, 2018
Announcement of Ontario FinTech Accelerator Office led by TFSA

May 1, 2018
Major Tech Conference Collision Moves to Toronto in 2019



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