With an impressive international reputation for safety, soundness and stability, Toronto is also recognized as a
leading global financial services centre. It is home to the Toronto Stock Exchange (the “TSX”) – the third largest exchange
in North America and the seventh largest in the world by market capitalization– as well the vast majority of Canada’s largest banks and financial services firms, including at last count, ten domestic banks, eighteen foreign bank subsidiaries, twenty-one branches of foreign banks, over a hundred and twenty securities firms and sixty life insurers.