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DEI represents some roles, but I can’t stress enough how many other factors are making it harder.

1) This is Canada. There are so many fewer seats than people expect, particularly as there is no reason for newer roles in finance to exist here. Mutual funds and public equities were huge on Bay Street but now hire less people. Newer areas like MMs, quantitative trading, secondaries, or even private credit have no reason to exist at scale here.

2) The market is a shit show. The equity and debt markets are closed, so why bring in more bodies?

It sucks, but the normal approaches of networking are the best call for Toronto. Reach out to more senior people, hit people up every single day. Target boutiques where a random owner operator could hire you.

Outside of the banks and pensions with structured DEI hiring, most independent firms are run by people that prefer white Canadians. Not necessarily as a race thing, but people that like the Leafs, drink, grew up in Toronto, etc.

 

I'm very close to just giving up on even trying in Canada better to focus energy in the US or London.

 

I borderline stopped emailing Canadians unless it’s by intro, no one responds here and just gate-keeps. When I made to the end of a process after getting a referral from a US group head and rounds of interview, saw here that a kid that knows the Canadian MD got it. 🤦‍♂️
Can’t work in the US (not Canadian) so had to let go two opportunities after reaching verbal stage. The amount of frustration I feel with my life rn, I cannot begin to explain.

 

I don't think DEI is the problem. As a Canadian white male, I struggled to get any good opportunities in Canada. Then I started applying south of the border and I started getting flooded with interview offers. I think the real problem is the lack of good job openings in Canada, as opposed to being a white guy (obviously it doesn't help but just stating you should start looking globally). 

 

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