Ontario’s 2nd Largest Financial Hub
York Region’s financial and professional services community is a complete eco-system with multinationals and a thriving fintech hub. Key industry players such as, Aviva, Allstate, Combined Insurance, BGIS, Deloitte, Desjardins, KPMG, Morrison Hershfield, PwC, TD Waterhouse, WSPN, to name a few have headquarters, regional, or back-office operations here.
- Second highest number of financial, insurance and accounting services firms (sub-sectors) in the Greater Toronto Area with over 6,500 companies
- The financial and professional services industry sector in the Region supports over 60,000 jobs
- A fast-growing FinTech cluster with over 50 companies including Canadian and global industry leaders as XE.com, Real Matters, Everlink Payment Services, Ceridian, Doxim, Giesecke & Devrient, Paymentus, Toogood Financial, and others.
Data sources: Statistics Canada, Canadian Business Counts December 2020; York Region Employment Survey 2019
How Does York Region Compare To Canadian Financial Hubs?
YORK REGION HAS THE MOST FINANCE & INSURANCE FIRMS OF GREATER TORONTO’S 905 AREAS
Statistics Canada, CBC June 2020
YORK REGION HAS THE SECOND LARGEST CONCENTRATION OF FINANCIAL, INSURANCE, AND PROFESSIONAL SERVICES SECTOR PER CAPITA AMONGST CANADIAN CITIES
# of Financial firms per 1,000 residents | Statistics Canada, CBC December 2020; Census 2016
Latest York Region Financial Business News
- York Region Business Update // October 2022
York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more. Check out the October edition now! - Is Your Business Protected From Cyber Threats? Simple Tips From ESET During Cybersecurity Month
Earlier this year, Telus conducted a study on ransomware attacks with a staggering finding that 83% of Canadian businesses surveyed reported attempted attacks and 64% indicated they had experienced one. Read these useful digital security tips from ESET’s Chief Security Evangelist, Tony Anscombe in our latest #YRtech Blog in support of Canada’s Cybersecurity Month. - York Region Business Update // September 2022
York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more. Check out the September edition now!