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Financial Services Cluster
 

Financial Services Cluster

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    Financial Services Cluster Financial Services Cluster Presentation Transcript

    • Aaron Singh
      • Defined by Michael Porter as a geographical concentration of companies and industries
      • Strong skills base
      • Innovation and R&D capacity
      • Networks and Partnerships
      • The Greater Toronto Area is the financial capital of Canada.
      • Generates 12% of city GDP
      • Consists of the following sectors:
        • Banks
        • Credit Agencies
        • Security Dealers
        • Insurance
    •  
      • New York and London tied for first
      • Hong Kong Third
      • Singapore Fourth
      • Toronto Eleventh
      • Information and Communications Technology
      • The GTA feeds the ICT sector’s growth with one of North America’s most diverse economies 52% of all GTA-based firms target
        • Financial services
        • Business services
        • Industrial markets
      • Toronto Financial Services Alliance
      • Their goal is to enhance and promote the competitiveness of Toronto’s financial services cluster as being on of the best in North America. 
      • Mobile Banking
      • Zoompass
      • Visit my blog @ asingh68.wordpress.com