The FinTech sector in Canada has seen significant growth in
recent years and has the potential to grow further as
collaborations between FinTechs and regulated financial
institutions continue, new and improved regulations are adopted,
and a growing number of young tech superstars focus their energies
on developing technology applications for financial services in
Canada and the world.
Canada is home to a number of financial hubs, including Toronto
which is considered a leading international hub. It also has some
of the world's top technological talent and the Government of
Canada has taken steps to facilitate the relocation of
international talent to Canada. Canadians have long been early and
enthusiastic adopters of new financial-services technology. From
the first automated tellers to mobile payment systems, we have
always embraced innovative ways to bank and invest.