Around the world, Citi Country Officers (CCOs) work to balance the execution of their country business strategy with their responsibilities ensuring the safety and soundness of the Citigroup franchise. Through this blog series, we are pleased to share perspectives from CCOs around the world, as well an insider’s look at the countries and cities where Citi operates.
Tell Us About Canada
Official languages: English and French
Currency: Canadian Dollar
Population: 36,048,521 (2016 est.)
Weather: Canada has four distinct seasons, with Toronto temperatures reaching average highs of 26°C in the summer and lows of -6°C in the winter.
Best Tourist/Historical Sites: Ontario’s lakes, the Rocky Mountains and Canada’s Maritime Coast
What I Love About Living In Canada:
- The diversity of our people.
- Our close relationship with the U.S.
- And of course – hockey.
How many years has Citi been in your country?
Citi can trace its Canadian history back to 1919 when The National City Company Ltd., first opened offices here in Toronto and Montreal. After leaving for a period of time in the 1930’s, Citi returned to Canada in the 1950’s when First National City Bank purchased the Mercantile Bank of Canada and the International Trust Company to re-establish a presence in the Canadian market. Since then Citi has continued to grow and evolve. We are now primarily an institutional business, and a top-ten banking franchise for Citi based on revenue.