immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Financial Market: 2008 Financial Crisis

2008 financial crisis: The sector creates high-paying jobs, it continued to grow despite the 2008 financial crisis, and it is successfully going global, says the report by the Conference Board of Canada , according to The Star. As other emerging centres, such as Dubai, Shanghai, Sao Paulo and Mumbai, begin to compete for a greater share of the global financial market, Toronto cant afford to rest on its laurels, the report cautions and Banking, insurance, securities and other financial services are a key driver of Torontos economy, a new report confirms. But Torontos image as an international financial centre lacks the glamour and cachet of New York, London or even some smaller rivals, says the report called Ensuring the Future: Understanding the Importance of Torontos Financial Services Sector. (www.immigrantscanada.com). As reported in the news.