Other financial institutions
Banks are not the only financial institutions that finance business. Some of the main sources of alternative financing for businesses include:
Alberta Treasury Branches (ATB)
ATB Financial is a full-service financial institution based in Edmonton, Alberta. It provides a wide range of financial services covering personal, business, energy, commercial and investor needs.
Credit unions are financially based cooperatives which provide a range of services. They are owned and controlled by their members.
- Alberta credit unions
- Credit Union Central Alberta provides information about the services credit unions offer, how to become a member of a credit union and where to find a credit union close to you.
- Registered credit unions in Alberta
- Search Alberta Finance and Enterprise’s list of credit unions registered to operate in Alberta.
- Registered insurance companies in Alberta
- Search Alberta Finance and Enterprise’s list of insurance companies registered to operate in Alberta.
Insurance companies are primarily in the business of insuring risk. Some companies offer financial services in addition to insurance.
Generally, an investment dealer is a securities firm that provides services for a fee. Investment dealers work with a wide range of investment products, such as GICs, stocks, bonds and mutual funds.
- Investment Industry Regulatory Organization of Canada (IIROC)
- The IIROC provides detailed information about the securities industry and related legislation. The list of IIROC-regulated firms includes investment dealers from across Canada.
Loan and Trust Companies
Trust companies are similar to banks. Because of its fiduciary role, a trust company can administer estates, trusts, pension plans and agency contracts, which banks cannot do.
- Registered loan and trust companies in Alberta
- Search Alberta Finance and Enterprise’s list of loan and trust companies registered to operate in Alberta.
Merchant banks do not generally provide services to the general public, but engage in larger deals, negotiating mergers and acquisitions, buyouts and strategic alliances. They are also active providers of mezzanine financing (a hybrid of debt and equity financing).
- Canada Small Business Financing Program
- The Canada Small Business Financing Program works with financial institutions to encourage financing for small businesses.
- Financial institutions and markets
- The Canadian Department of Finance provides information about financial institutions in Canada as well as market information.
- Financing your business
- Canada Business provides information about the many types of government and private sector financing available.
- General financing information
- The Business Link provides a collection of resources and advice for many types of financing.
- How to get money for your business
- Canada Business provides a search engine for financial providers, information on different types of financing and tips to help secure financing.
- Steps to Growth Capital
- Canada Business provides a guide to help you develop the plan and materials to seek the equity financing you need.
Browse the latest presentations, reports, and reviews on Alberta’s economic performance.
Employment and labour relations
Find out about the employment-related legislation in every province.
Date Updated: Tue, 12 Jun 2012 12:57:27