Canada-UK: Fintech and post Brexit challenges

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05/06/2018

The Lord Mayor of the City of London, Charles Bowman, is currently visiting Canada.

On Jun 4th, the Lord Mayor met with some of Canada’s leading financial representatives to discuss what opportunities and threats face the sectors and how the City can continue to adapt and thrive in the fintech sector despite the changes that Brexit will bring.

The Lord Mayor has spoken at TD (Toronto-Dominion Bank) on why the UK is eager to bolster trade links with Canada, a nation with which the UK shares a great deal in common.

The UK & Canada are continually finding new ways to merge the worlds of technology and finance. The Lord Mayor was delighted to join a roundtable discussion on the future of fintech with some of Toronto’s most prominent representatives within the space.

The “Preparing for Brexit – Not Just a British Challenge” roundtable debate was also attended by Honourable Michael H. Wilson, Chairman of Barclays Canada, AGF Chairman and CEO Blake Goldring and many others.

gigCMO has been a member of Canada-United Kingdom Chamber of Commerce since 2016. The Chamber’s mission is to be the foremost non-governmental authority on all aspects of the two-way investment and trade between Europe, United Kingdom, and Canada. In the United Kingdom, contacts are maintained principally with UK Trade & Investment (UKTI) (now Department for International Trade), the Department for Business, Innovation, and Skills, the Foreign & Commonwealth Office, City of London Corporation, UK foreign direct investment agencies, regional development agencies and local enterprise partnerships.

After the discussion, the Lord Mayor concluded that   will not only impact the U.K. but will be felt across the Atlantic and in Canada as well.

He also said on his Twitter account: “After talking to businesses in Toronto it’s evident that we urgently need to establish clarity around our future trading relationship with the Europian Union.”

gigCMO is available to help companies of any size succeed in markets around the world from its new offices at 107 Cheapside in the City of London.