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Really good for Montreal IB + CDPQ and PSP investments if you are part of the FPHEC (student investment fund) and have a strong GPA, you will have a top placement.
Very low placement in Toronto though as Alumnis are historically targeting Montreal, network in other cities is almost non existent (except very exceptions in NY and TO).
Also - Strong student community, easy to get involved, plenty of events and exchange program is really good (they insist on students going for a semester abroad, which I strongly recommend).
There is almost zero post-graduate hiring in Quebec into investment banking. If you're interested in living in Montreal, I hope you're bilingual unless you are specifically targeting RBC, which mostly functions in English as they tend to have multi-geography deal teams (ie have NYC, Toronto, London etc on the same deal). Again though, they don't hire from masters.
Innacurate. National, TD and BMO each recruit 4-6 students every year, RBC probably 3-4 and Scotia 1-2. Seems low compared to NY/Toronto IB classes, but there is much less applicants for Montreal roles as McGill and Concordia students apply for Toronto and not Montreal CDPQ probably hires 20+ students out of school every year and PSP 15+
Also you still get paid 85/90k base and Montreal is a very low COL city (can afford a very nice 1br condo for less than C$1200)