As the second-largest financial centre in North America, Toronto is headquarters of the Canadian financial sector. Many large finance companies are based here; and the region is also home to a burgeoning number of financial start-up companies, particularly those focused on artificial intelligence (AI), digital payments and robo-advising.
And while our competitive economy and early government investments in innovation continue to fuel Toronto’s financial services leadership on the world stage, it’s the province of Ontario’s leading universities and incubators that are helping to develop the practical experience of skilled talent that enter the marketplace each year. Among them: The University of Toronto’s Rotman School of Management.
In 2014–15 alone, the numerous incubators and accelerators at the University of Toronto (U of T) worked with 226 student-led start-up teams and produced 79 registered companies, the most of any institution across Canada.
With the introduction of the Rotman School of Management’s Financial Innovation Hub in Advanced Analytics (“FinHub”) in November 2017, U of T has been making even greater strides to spur financial innovation and entrepreneurship in the Ontario market and beyond.