Finance Companies contribute massively to the Canadian economy, employing over 365,000 of the population. However in this article, I’ll be looking at the Top Finance Companies in Toronto, Ontario.
Toronto is undoubtedly the business and financial capital of Canada with the city’s GDP at over 385 billion Canadian dollars growing faster than what the national average is.
There are a number of Finance Companies in Toronto. However, this article only looks at the top Finance Companies in the city.
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List of Top Finance Companies in Toronto
Below is a listvof Top Finance Companies in Toronto in no particular order;
Bank of Nova Scotia (Scotiabank)
The Bank of Nova Scotiabank, simply put Scotiabank is one of the biggest banks in Canada. As a matter of fact, it is one of the Big Five Banks in Canada and guess what, it has its headquarters in Toronto.
It has a total assets of over 1.18 trillion Canadian dollars and several branches in other countries especially in European countries, Asia, Latin America and the Caribbean.
Products and services offered by Scotiabank include investment banking, commercial and corporate banking, wealth management etc. Click Scotiabank for further information.
Toronto-Dominion Bank (TD)
Known worldwide as TD is a multinational finance company established in Toronto, Canada with extended operations in several other countries. It is one of the Big Five Banks in and one of two of such banks established in Toronto.
TD has a total assets of over 1.73 trillion Canadian dollars which makes them the largest bank in Canada in terms of assets. It has over 1,000 branches across the globe serving over 26 million customers.
For more details, click Toronto-Dominion Bank
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Canadian Imperial Bank of Commerce (CIBC)
The Canadian Imperial Bank of Commerce is one of two Big Five Banks established in Toronto. It was established in 1961 as a result of a merger between Canadian Bank of Commerce and the Imperial Bank of Canada.
CIBC is into wealth management, Capital Markets, personal and business banking, etc. The company has a total assets of over 837.68 billion Canadian dollars with operations in areas like the U.S, United Kingdom, and the Caribbean.
Click Canadian Imperial Bank of Commerce for further information.
Royal Bank of Canada (RBC)
The Royal Bank of Canada (RBC) is the largest bank in in terms of market capitalisation and has its headquarters in Toronto.
Products and services offered at RBC include mortgage loans, investment banking, wealth management, insurance, credit cards etc. Hence no matter what your finance needs are, RBC is there for you. They have over 1,200 branches in countries such as Canada itself, United States and the Caribbeans.
Click Royal Bank of Canada for more information about RBC.
Bank of Montreal (BMO)
Bank of Montreal is a top investment bank in Canada founded in 1817 with its headquarters in Montreal. It happens to be the fourth largest bank in Canada in terms of market capitalisation and assets.
BMO products and services include wealth management, Capital Markets, commercial and retail banking.
Click Bank of Montreal for further details.
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Manulife is a top Canadian insurance company and financial services provider established in 1887 in Toronto.
Since its establishment, Manulife has provided financial services and insurance products to millions of customers globally. It is without doubt the largest insurance company in Canada with a total assets of over 750 billion Canadian dollars.
For more information, kindly click on Manulife Financial .
Sun Life Financial
Sun Life is a Canadian insurance company founded in 1865 in Toronto, Ontario. They are into dental insurance, disability insurance, health insurance, investments, life insurance, financial planning and advice, etc.
Sun Life has a total assets of over 297 billion Canadian dollars with operations in many countries.
For more information about Sun Life Financial, click Sun Life Financial
Ontario Teachers’ Pension Plan Board
The Ontario Teachers’ Pension Plan was founded in 1990 and is currently sponsored jointly by the Ontario Teachers’ Federation and the Government of Ontario.
It invests the plans fund in real estate, infrastructure, fixed income, private equity markets, government bonds, etc which yields dividends that helps to maintain the fund.
For more information about Ontario Teachers’, click Ontario Teachers’ Pension Plan Board .