Investment banking opportunities in Canada

Im planning to become a investment banker in Canada.. I want to know which US based or Canadian based Investment banks hire analysts in Canada. Also please let me know the salaries if possible.

2 Comments
 
Most Helpful

In Canada, there is the big 5 Canadian banks + national bank along with a couple boutiques/MM players like canaccord, laurentian, paradigm, etc.

There are also a couple EB like Evercore, greenhill, Lazard present in Canada. Finally there is pretty much every one of the BB like Goldman, jp Morgan , Morgan Stanley, BAML, Citi, credit Suisse, etc. With varying levels of presence. Maybe DB is the only bank not present in some ib capacity in Canada. Since Toronto is a huge hub, there tends to Be some presence of other players like hsbc, mufg, stifel, etc. Pretty much no MM players from the us though, so a lot less positions in general in Canada.

The main cities are Toronto and Calgary (oil and gas specialized). Secondary cities are Montreal and Vancouver . All the big 5 cdn banks + national are round in all four Canadian cities mentioned but most of the big EB and BB firms or global firms are based only in Toronto or Calgary if they have O&G and infra/nr teams.

Generally, the teams go as shown below

Toronto - Diversified (pretty much everything and closest thing To New York there is in Canada)

Montreal - Diversified and Mining (these teams handle a lot of Quebec deal flow - don’t have to be able to speakFrench but it helps)

Calgary - oil and gas and infra/nr

Vancouver - mining and natural resources (small city)

 

Voluptates consequatur a adipisci atque saepe maxime atque. Placeat quis ut reiciendis voluptas. Id quae nulla voluptas qui dolor optio. Id nihil incidunt officiis ducimus. Eum odio et quas reiciendis optio eveniet adipisci quasi.

Odit exercitationem impedit maiores eum dicta odit inventore. Eveniet ea incidunt mollitia maxime a molestiae labore. Aut dolores esse aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”