The Canadian banking system: a real example!.....................

The international crisis we are experiencing now has many banks in a difficult position. Some even seem to be on the verge of bankruptcy ... but there are countries where banking systems are significantly less risk: that of Canada, for example, is the healthiest in the world, according to the Global Competitiveness Report prepared by the Economic Forum Global non-profit based in Geneva.
The Canadian banking system ahead because the systems in Sweden, Luxembourg and Australia ... and Ontario, with Toronto in mind, is at the heart of the banking system copy!
A sophisticated and efficient banking system
Canada has a sophisticated financial system and very innovative: it is updated every 5 years to adapt equally well to changing times than good times or crisis, like we live in now, which is the soundest banking system, as evidenced by the IMF.
Aid in the creation of new businesses unique
Canada has also been elected the number 1 in the Global Competitiveness Report for the help in the creation of new businesses, because the steps are much faster. Toronto, Ontario, is one of the ten "most powerful cities in the world, economically," according to Forbes, and "with London, Toronto is the most important financial center in the G7," which demonstrates that Ontario stability and ability to grow your business and expand it.
Leader in the growth of North American Market
Many investors already know that Canada is one of the safest places in the world to invest, especially the province of Ontario - and Toronto in particular - which is part of the 3 main players in North America the financial services sector. Since 2004, the Ontario government has reduced corporate taxes by more than $ 1.5 billion.
A strong economy and growing
Ontario's GDP (over U.S. $ 453 billion) is larger than Switzerland, Belgium, Austria and the Scandinavian countries and represents over 38% of the total GDP of Canada.
World leaders there are only advantages, as evidenced by growth at 13% of foreign direct investment in Canada in the sectors of finance and insurance in 2007, making Ontario a safe bet for investors to help expand rapidly both in Canada and around the world.
Growth was boosted by a skilled workforce
More than 336,000 people work in the field of finance and insurance in Ontario, and almost half of them in banking. Ontario has trained 6,000 financial analysts, more than 8,500 specialized in financial planning, and more than 31,000 accountants.
MBA programs in Ontario are among the best in the world. And the number of financial specialists is growing, encouraged by a significant investment in training by the government. Thus, 17 universities have over 55,000 students enrolled in "business" and nearly 14,000 students in accounting.
Moreover, in order to attract the brains in the financial sector, the Government of Ontario has recently established a Centre of Excellence for Education in the field of financial services, and allocated $ 4 million over 3 years. The center's mission is to promote innovation and technology, attracting students from around the world in Toronto.
Ontario is thus the "engine" that powers the Canadian financial services.
Ontario, a paradise for investors!
Accessibility, proximity to the NAFTA region, cost competitive in business, stability and ability to develop various industries in many sectors (professional and financial services, life sciences, etc ...) and copy the banking system, all qualities that make Ontario a haven for international investors!


source  :   mediaslibres.com

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