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Based on previous WSO threads, the visa situation for Canadians aiming for investment banking roles in the U.S. has been a concern, especially with changes in visa policies. Here are some key points:

  1. TN Visa Scrutiny: The TN visa, which many Canadians use, has been under scrutiny. However, the H1B visa (and H1B1/E3 visa) has not changed significantly.
  2. H1B Visa: This visa is based on a lottery system with a rigid application process. Companies must apply on your behalf by April 1st for you to start working on October 1st of the same year. Applications are always oversubscribed.
  3. Sponsorship: Most big banks (BBs) will still sponsor you if you are good enough, despite the scrutiny on the TN visa.
  4. Networking: It's crucial to physically be in the U.S. to show your commitment to moving there. Networking is doubly important for Canadians.

Given the current time (Wednesday, November 6th, 2024), if Trump were to be re-elected, it could potentially lead to stricter visa policies. However, there is still a chance for Canadians if they are well-prepared and proactive in their approach.

Sources: IBD Barriers to Entry For Canadians and How to Overcome Them, IBD Barriers to Entry For Canadians and How to Overcome Them, Any fellow Canadians going to the States in 2019 for FT/SA start? How confidant do you feel about your visa?, How will the results of the election affect Wall Street and the overall economy?, https://www.wallstreetoasis.com/forum/job-search/how-screwed-are-international-students-now?customgpt=1

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