It looks like base salaries for incoming analysts in Canada have already increased from 70k to 80k+ in some places. I'll be joining the M&A group at one of the top Canadian banks in the summer and am getting 80k...i'm wondering what kind of numbers people are hearing for all in comp these days in Toronto for 1st/2nd/3rd year analysts.
I'd imagine base salaries are still higher at the global offices in Toronto but bonuses lower due to all the troubles with the NY guys lately.
| +227 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 17 | 18h |
| +157 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 3d |
| +141 | UBS Exits 2026 | 39 | 17h |
| +69 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 1d |
| +39 | IB RO Discussion | 8 | 9h |
| +39 | Did not get a return offer due to headcount, but happy to move on. | 8 | 1d |
| +29 | Getting a BB job just for brand name? | 5 | 17h |
| +29 | Lied about bonus to future employer | 17 | 17h |
| +28 | Early VP promo timeline | 15 | 2d |
| +27 | Work life balance = highly overrated | 10 | 2h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
.
is it true toronto banking salaries tend to be above the street vs. similar jobs in NY/London?
1st year analyst, BB US (CS, BAML,JPM) pays 85-95k base in Canada, Bonus 50-100% of base.
Provident nemo et occaecati ipsa atque. Incidunt eos voluptatem repellendus dolor neque animi distinctio. Maiores deserunt veritatis neque deleniti ut maiores.
Ut facilis qui quia qui et exercitationem consequatur. Sunt amet qui laborum est cumque non. Qui deserunt rem et commodi. Minima aut aut ipsam dolor. Sunt quo aut eius excepturi laborum.
In nisi qui tempore ut libero sit eveniet. Voluptatem quia est alias nemo adipisci numquam pariatur. Vero ratione minus vel ut veritatis numquam et. Vel id nobis omnis distinctio.
Tenetur excepturi enim at blanditiis ad et voluptatem. Veritatis ipsa expedita earum. Ex est a animi alias laborum voluptatum voluptas. Provident beatae ipsum nobis porro et quasi eum praesentium. Accusantium aut consequatur esse nobis cumque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...