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Financial Services Nova Scotia

Financial Services

Financial Services

The best financial and tech talent come together in Nova Scotia, making the province a premier destination for fintech businesses and experts. 

Tap into a skilled workforce that has been built by some of the most innovative technology and financial firms in the world. As one of North America’s most cost-effective cities for financial services operations, some of the biggest names in banking,  insurance, shared services, securities, mutual funds and fintech have a presence here. 

The financial capital of Atlantic Canada

As the most central point between the Americas and Europe, Nova Scotia offers several significant strategic and financial advantages that continue to attract top-tier international financial services and insurance firms. Establishing world-class middle/back office and shared services operations for both captive and outsourcing clients has allowed these firms to expand their global footprint. 

The benefits of establishing a financial services company in Nova Scotia include: 

  • Nova Scotia offers the second lowest operating cost in Canada for fund administration centres
  • Access to an educated, skilled and accessible workforce
  • World class infrastructure
  • A strategic, nearshore location to the Americas and Europe
  • Incentives to support business growth
  • Innovative partnerships between post-secondary schools, industry and government
  • Unbeatable quality of life

The province has attracted major technology companies from around the globe to locate their business and technology and R&D centres here - companies including Cognizant, Avanade, IBM, Salesforce, Manulife, NTT, Shopify, and Axis Capital. 

Business functions include:

  • Regional headquarters
  • Mid-back office operations
  • Technology and innovation
  • Centres of excellence
  • Global shared services

View the Nova Scotia financial services downloadable resources

Sector Snapshot

The Nova Scotia Business Advantage

In just one day we can connect you to everyone you need to meet to choose Nova Scotia as the next location for your business. We secure meetings with senior leaders, government and the business community while curating a visit that perfectly suits your business needs.

A vibrant ecosystem

More than 2000 financial companies and 1,500 tech companies have built an ecosystem of over 66,000 working in tech, banking, financial services, and insurance/re-insurance. 

Competitive costs

Nova Scotia offers total operating costs of 13% less than Montreal, 16% less than Toronto, 18% less than Vancouver, and 14% less than Dublin.

An unbeatable workforce

A strong flow of talent and curriculum partnerships from 10 universities and 14 community college campuses in Nova Scotia to support innovation, technology, and business functions.

Right place, right time

Nova Scotia's strategic location on Canada's East Coast provides easy, fast, and reliable access to world markets.

Opus Fund Services finds itself at home in Nova Scotia

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Why IBM chose Nova Scotia

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Admiral Canada’s successful remote work expansion into Cape Breton

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“We chose Halifax as our next expansion location in Canada to support our growing number of clients, and we look forward to contributing to the region’s vibrant technology community,” said Jay MacIsaac, Cognizant’s Cognizant’s Country Head, Canada. We are pleased to be supporting the growth of the region with the creation of new employment opportunities and are grateful to the Province for their partnership and support of Cognizant expanding in Nova Scotia.” 

Jay MacIsaac, Cognizant’s Country Head, Canada


Have questions?

Curious how we can help with your growth plans? From introductions to site visits and a competitive analysis, we can curate a plan to suit your business needs.

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