CANADIAN FINTECH CORNER PROGRAM
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Canadian exports of financial services have more than doubled since 2005. In fact, financial services are Canada’s largest and fastest-growing source of services exports.
Canada ranks third in the world behind the U.S. and China for equity capital raised between 2012 - 2015.
Canada’s banking system has remained the soundest in the G7 for nine consecutive years (WEF).
Canada offers businesses the most educated talent pool among countries of the Organization for Economic Co-operation and Development (OECD), with more than half of its population aged 25 to 64 having a tertiary level education.
According to KPMG’s 2016 Competitive Alternatives report, Canada offers the lowest overall cost structure in the G7 to investors looking to establish international financial services operations.
The world’s first bitcoin ATM was launched in Canada in 2013.
Canadian investment activity in the fintech sector from angel investors, venture capital and corporate venture capitalists increased from US$87 million of investments in 2012 to US$367 million in 2016.
CANADA’S FINTECH HUBS
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