Vancouver Climbs Global Financial Centre Index Ranking #17

GFCI 21 Report – Published March 27, 2017

Z/Yen’s Global Financial Centres Index (GFCI), is a bi-annual ranking of the competitiveness of financial centres based on over 29,000 financial centre assessments from an online questionnaire together with over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD) and the Economist Intelligence Unit.

A copy of the latest GFCI 21 report, published on March 27, 2017 is available here.

Vancouver is rapidly climbing the ranks of the world’s financial centres – from 33rd on the Global Financial Centre Index in 2008 to 17th in 2017. Three Canadian cities rank among the top 20 of the 2017 Global Financial Centre Index – Toronto (#10), Montreal (#14) and Vancouver (#17).


Each of them brings to the table different relative strengths that, when combined, portrays Canada as a major financial services powerhouse that is well positioned to take on an even bigger role going forward. With Canada designated as the RMB settlement hub for North America, we have a unique opportunity to grow Vancouver’s financial sector.

AdvantageBC International Business Centre aims to promote Vancouver’s role as a financial centre globally and, the diversity of the financial industry sectors that flourish in Vancouver, particularly with our trade links with Asia.

Did you know?

  • All five of Canada’s largest banks have significant operations in BC.
  • Vancouver is among the top-10 wealth management centres in the world.
  • The IBA Program includes a personal income tax incentive for international employees.
  • BC has a lower tax rate than Hong Kong and Singapore.
  • British Columbia is one of the top two designated financial centres in Canada.