Highest paying opportunities in Toronto

Student looking to stay in Toronto and also wants to work in finance. What do you guys think are the highest paying / best opportunities within Canada?

I know Onex and Altas pay MF salary in USD, but what other firms pay a high salary? Thank you!


What’s comp like at the globals, are they much higher than B5 at the analyst and associate levels?


Probably Brookfield or IB at globals

Globals pay higher base but reduce bonus so that its inline with street - Globals don't have the same promotion opps as a B5 to. Long term comp wise, apart fro the small amount of MFs here, B5 coverage is probably best WLB verse comp 

Intern in HF - Other

Student looking to stay in Toronto and also wants to work in finance. What do you guys think are the highest paying / best opportunities within Canada?

I know Onex and Altas pay MF salary in USD, but what other firms pay a high salary? Thank you!

Not sure I'd set my plans based on the very limited intake that Onex / Altas has per year. 

Most Helpful

If you want to get paid big in Toronto don’t do IB thinking you will be owning a home anytime soon. For those calling me a hater let’s do the math here with a tax calculator. 400k after tax is 220k, that seems fair am I right? All that work will lead you to being house poor and never living like how you dreamed of getting to.


The highest paid jobs in Toronto are the ones you create. I have friends who started their own consulting practices who have used holdcos to their advantage are now living way better than some of my friends at Globals. Canada isn’t an entrepreneurial country and that’s really what they need. That’s why it’s so competitive in Toronto compared to other places for these roles because there is an oversupply of candidates and not enough roles.

So my answer to you is start your own business, whether it’s a brick and mortar or anything. You’d be surprised as to how many different paths there are to success than circle jerking over IB, and this coming from someone who’s planning on leaving soon.

Best of luck!


You've hit a really interesting note here. Canada really REALLY isn't an entrepreneurial country. The risk aversity is actually super frustrating and I see it in almost everything. Selling deals and diligence are just so much more intrusive here as an example.

It's mind boggling to me as an "outsider". Given the social safety nets, the abundance of government funding support for small business, both federal and provincial, and fairly easy access to US capital, you'd think that wouldn't be the case. 


well youd expect the country that refused to fight the britsh for freedom to be risk averse pussys. nothing out of the ordinary here


Maybe my extended family there are anomalies but they had a family business that's been around for almost 2 generations now (blue collar business but it provided the family a fairly upper middle class lifestyle). Although the younger generation (my cousins) for the most part work in Toronto in white collar jobs (not entirely sure but I think one or a few of them did take over a lot of the day-to-day work of the family business). Last time I spoke to one of them, I was surprised how stagnant job growth is there (this was pre-pandemic).

Will agree with that sentiment though. The few Canadian business professionals I admire are almost exclusively business owners 


At a Canadian target and have heard anecdotally that Rothschild TO pays the best at the analyst level with base and bonus matching Roth NY in USD


Toronto is literally the worst city to be in purely IB wise when compared to the major North American financial cities (New York, Chicago, SF, LA) - People only stay or come back because of family roots


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