OCRI Global Marketing OCRI Global Marketing Date: October 13,2008
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Ottawa
www.ottawa.com
www.ottawa.ca
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   Business in Ottawa - Business Infrastructure - Commercial Banking
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Ottawa’s financial services sector is keenly attuned to the demands of global technology companies. The city’s accounting firms are experts in Scientific Research and Experimental Development (SR&ED) tax credits program, tax minimization in multinational transactions and reporting in multiple jurisdictions.

With more than 50 years of experience in advanced technology, Ottawa has developed an angel investment community that has helped to co-author many of the city’s technology success stories. Thanks to Ottawa’s Angels, start-up companies have access to both financing and industry experience.
The city’s investment and technology banking sectors play a critical role in maintaining Ottawa’s position as a global technology centre – fuelling growth and growing alongside our high tech industries.

A Sample of Commercial Banks

Bank of Montreal
BMO Financial Group is a highly diversified financial services provider. Offers clients a broad range of personal, commercial, corporate and institutional financial services across Canada and in the United States through BMO Bank of Montreal, BMO Nesbitt Burns and our Chicago-based subsidiary, Harris Bank.

CIBC Banking
CIBC is a leading North American financial institution comprising five strategic business units: Retail Products, Retail Markets, Wealth Management, CIBC World Markets, and Amicus. CIBC has more than eight million retail banking customers and approximately 8,000 corporate and investment banking customers

HSBC Bank
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, offers day-to-day banking, lending, and investment products and services through its more than 160 offices

National Bank of Canada
National Bank of Canada is the sixth largest chartered bank in Canada, with assets in excess of $75 billion. The National Bank’s head office is located in Montreal and its Canadian network boasts 546 branches, including 454 in Quebec. The National Bank is also increasingly active on the international scene, with offices in all four corners of the globe.

Royal Bank of Canada
In Canada, we have strong positions in all personal and commercial banking product lines. In wealth management, we have the largest private banking, full-service brokerage (by assets) and mutual fund operations among Canadian banks (second-largest among all fund providers), and we own the second-largest self-directed broker, Action Direct.
Internationally, we provide personal and commercial banking, mortgage origination, insurance, full-service brokerage, and corporate and investment banking services to over two million clients in the United States through RBC Centura, RBC Prism Mortgage, RBC Liberty Insurance, RBC Dain Rauscher and RBC Capital Markets.

Scotiabank
Scotiabank is one of North America’s leading financial institutions and Canada’s most international bank. Although our reach is global, our energies are focused on individual customers, employees, and shareholders, and on building a strong community presence.

TD Canada Trust
With more than 51,000 employees in offices around the world. TD Bank Financial Group offers a full range of financial products and services to approximately 13 million customers worldwide through three key business lines: Personal and Commercial Banking including TD Canada Trust; Wealth Management including the global operations of TD Waterhouse; Wholesale Bank through TD Securities

A Sample of Credit Unions

A Sample of Credit Cards

A Sample of Other Financial Services

Business Development Bank of Canada
The Business Development Bank of Canada (BDC) is a financial institution wholly owned by the government of Canada. BDC plays a leadership role in delivering financial, investment and consulting services to Canadian small businesses, with a particular focus on the technology and export sectors of the economy.

Canada Investment and Savings
Canada Investment and Savings is a Special Operating Agency of the Department of Finance, Government of Canada. Our role is to design, market and manage savings and investment products for Canadian savers and investors, thereby serving the needs of Canadians for saving products and the needs of the Government and taxpayers for cost effective funding of the public debt.

Federally Regulated Financial Institutions in Canada
The office of the Superintendent of Financial Institutions supervises, advises, monitors and evaluates financial institutions to allow these institutions to compete effectively and take reasonable risks.

Bank of America - MBNA
MBNA is the world’s largest independent credit card issuer, with managed loans of US $102.8 billion. The company also provides retail deposit, consumer loans, and insurance products.

ING
ING's mission is to be a leading, global, client-focused, innovative and low-cost provider of financial services through the distribution channels of the client's preference in markets where ING can create value.

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