FINANCIAL, INSURANCE, AND ACCOUNTING SERVICES

WHY YORK REGION FOR YOUR FINANCIAL SERVICES BUSINESS?

There are many reasons why your tech business can be successful in York Region, but what is most important to us is connecting your business and personal needs with a community where you and your employees are happy to live and work.

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FINANCE, INSURANCE & ACCOUNTING FIRMS

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FINANCE & BUSINESS SERVICES EMPLOYEES

90% of Foreign Financial Institutions in Canada have their head office in the Greater Toronto Area

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THE TORONTO REGION FINANCIAL SERVICES SECTOR AT A GLANCE:

The Toronto Stock Exchange is the third largest in North America; 7th largest in the world by market cap
Operations of 7 of the top 10 largest hedge fund administrators in the world
Home to 129 securities firms

THE TORONTO REGION – WHICH INCLUDES YORK REGION – IS HOME TO THE HEADQUARTERS OF:

10 domestic banks including the 5 largest banks in Canada; 3 of world’s top 25
60 Life Insurance companies (2 of global top 10) & 130 P&C insurers (3 of Canada’s top 5)
4 of the 5 largest domestic investment management firms

VIEW OTHER YORK REGION BUSINESS ADVANTAGES

Major financial and insurance companies that chose Toronto Area's York Region, is your business next?

York Region: Highest Number of Finance & Insurance Companies per 1,000 Residents in Key Canadian Hubs

Source: Canadian Business Count, Dec 2015

York Region: Highest Number of Finance & Insurance Companies in the Greater Toronto 905 Area

Source: Canadian Business Count, Dec 2015

Ranking of Census Division of Ontario by # of Companies in the FIRE Cluster

1	City of Toronto	4	Ottawa Region
2	York Region	5	Halton Region
3	Peel Region	Source: Statistics Canada, Canadian Business Count \| DEC 2015

FINANCIAL & BUSINESS SERVICES NEWS

Sunova Credit Union Chooses Markham Headquartered Doxim to Unify Commercial and Retail Lending Processes

November 13, 2018 in Business Community Updates, Financial, Insurance & Business Services, Information Communications & Technology

Doxim, the leading customer engagement technology and document solutions provider for financial services, is proud to announce that Sunova Credit Union has selected Doxim Loan Origination to support its commercial and retail lending business.

Full Article: newswire.ca

York Region is a Hot Bed for Innovation

November 12, 2018 in Business Community Updates, Economic Development News, Events, Financial, Insurance & Business Services, Information Communications & Technology, Innovation

Is your workplace structure and culture aligned with the ongoing trends in our workforces today? Those are the types of questions we heard at The Regional Municipality of York’s fourth Broadband and Innovation Summit.

Full Article: york.ca

Self-Driving Finance May Change How We Do Business

November 12, 2018 in Business Community Updates, Economic Development News, Events, Financial, Insurance & Business Services, Information Communications & Technology, Innovation

Soon, the days of entering your local financial institution and speaking to a bank teller will be gone. New evolutions and innovations in finance are changing the way we do everyday banking. On Thursday, November 8, The Regional Municipality of York hosted The 2018 FinTech Summit. The summit highlighted the increasing need for insights into automated money management.

Full Article: york.ca

Tequity Advised Apps on Tap and Paradigm Network Solutions on their Strategic Acquisition by Markham-Based F12.net

August 22, 2018 in Business Community Updates, Financial, Insurance & Business Services, Information Communications & Technology, Mergers & Acquisitions

TORONTO & MARKHAM, Aug. 22, 2018 /PRNewswire/ — Apps on Tap Inc. and Paradigm Network Solutions Inc., two IT service providers located in North York, Ontario, have been acquired by F12.net (F12). Tequity Inc. acted as the exclusive financial advisor to the companies, which are branded separately but operate as one business. Terms of the transaction were not disclosed.

Full Article: prnewswire.com

Trio of Cranes Making Transit City a Reality in Vaughan Centre

August 10, 2018 in Building & Construction, Business Community Updates, City Building, Financial, Insurance & Business Services, Information Communications & Technology, Major Investments, Office Space News, Quality of Life

The ambitious plans to construct a new downtown in Vaughan around a new terminus for the University subway line seemed a bit farfetched when the extension was announced in 2009. Nine years later, the subway station’s opening and frenzied construction of new office and condominium developments are silencing doubters as cranes now dot the nascent Vaughan Metropolitan Centre skyline.

Full Article: urbantoronto.ca

Vaughan Centre PwC Tower Topped Out and Enclosed

August 9, 2018 in Building & Construction, Business Community Updates, City Building, Financial, Insurance & Business Services, Major Investments, Office Space News

The Vaughan Metropolitan Centre has been growing with new mixed-use development over the past few years construction of the TTC subway extension kicked off construction several years ago.