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The Bureau thanks all those who took the time and effort to provide information and advance this study to completion.
In total, the Bureau conducted more than 130 interviews or meetings with 118 stakeholders and received 20 written submissions: one from an incumbent financial institution, 12 from Fin Tech start‑ups, and seven from industry and consumer associations.
Second, the sector itself is an important pillar in the Canadian economy, contributing approximately 7% of Canada’s gross domestic product (as of May 2017) and accounting for nearly 800,000 Canadian jobs (2015 figures).