Ontario Banking On Financial Jobs
November 23, 2009 3:00 PM
New Financial Council Strengthens Ontario's Global Leadership
The McGuinty government is working with the province's financial sector to help create jobs and opportunity for Ontarians.
A new council of CEOs from Canada's biggest financial services companies met today, with Premier Dalton McGuinty chairing the first meeting. Ontario's Minister of Finance, Dwight Duncan, will be the government's permanent representative on the council.
The council will help make Ontario one of the top 10 financial centres in the world. The provincial government will work with the council to create opportunities by leveraging Ontario's excellent record in the financial services industry and its highly skilled and diverse workforce.
Ontario is investing $1 million in the council's plans. Private companies, the federal government and the City of Toronto will also contribute.
QUICK FACTS
- More than 350,000 people are employed in Ontario's financial and insurance sector.
- According to the World Economic Forum, Canadians have the soundest banking system in the world.
- Toronto has the third largest concentration of financial services jobs in North America after New York and Chicago.
LEARN MORE
ontario.ca/premier
"Ontario's greatest strength is our diverse, highly skilled workforce. Working with Canada's top business leaders, we'll use that advantage to build new opportunities, grow our economy and create high quality jobs."
– Dalton McGuinty
Premier of Ontario
"Our financial system is the most stable in the world. By working together, we can strengthen our position as a global financial leader, attract more international business and create more jobs in Ontario."
– Dwight Duncan
Minister of Finance
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