Financial Solutions for Canadians has been accompanied by advances in regulation in the financial sector. These factors have contributed to a boom in the availability of financial services. As a result, more and more players from different sectors are offering financial solutions and benefiting from joining that ecosystem.
In Canada 99% of the population has access to appropriate financial services, a figure that compares favourably with other high-income countries. However, the gap between rich and poor remains significant.
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Despite this, some Canadians are underserved by the formal financial system and have limited capabilities. To address this challenge, the Autorite des marches financiers (AMF) has developed a number of programs to boost financial literacy among the population and support financial inclusion.
The AMF’s main responsibility is to supervise the insurance, securities and derivatives, and deposit institutions—other than banks—industries in Quebec. It also ensures that the deposits of citizens are repaid in the event that financial institutions fail.
AMF’s programs include the following:
Widely used by business people, including financial executives, bankers, financial planners, sales and marketing professionals, lawyers and chartered accountants, government officials, investment dealers, journalists and reference specialists, students and entrepreneurs, Financial Services Canada is your go-to source of information for every facet of the Canadian finance industry. Featuring listings of Banks & Credit Unions, Non-Depository Institutions, Investment Management Firms, Insurance Companies, Accounting & Law, Major Canadian Companies and Associations, it’s your one-stop shop for all your research, networking and marketing needs.