Investment Banking / Capital Markets Jobs in Canada 2026
8 entry-level positions available
Investment Banking and Capital Markets roles in Canada offer some of the highest-paying entry-level positions in finance. Major banks like RBC Capital Markets, TD Securities, BMO Capital Markets, and CIBC World Markets actively recruit new graduates for analyst programs. Entry-level IB analyst salaries range from $85,000 to $120,000 CAD base, plus bonuses that can add 50-100%. Toronto's Bay Street is the epicentre of Canadian capital markets, with Montreal and Calgary also hosting significant operations.
In-Demand Skills for Investment Banking / Capital Markets
Showing all investment banking / capital markets positions for new grads, juniors, and interns in Canada.
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Intern - Portfolio Engineering, Capital Markets, CMIA (May 2026 - 8 months)
Ontario Teachers' Pension Plan
📍 Toronto, Ontario
Develop investment analytics tools and back-test strategies
Intern · May 2026 - Dec 2026 · $30-36/hr · 8 months
Posted Mar 03, 2026
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🔥 Hot
GCM- Fall 2026 Equity Research Intern/Co-op
Scotiabank
📍 Toronto, ON
Assist equity research with financial modeling and analyses
Internship · Sep 2026–Dec 2026 · Paid · Fall term
Posted Mar 02, 2026
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M&A/Optimization Summer Intern
Parkland Corporation
📍 Calgary, Alberta
Support M&A deals with financial modeling.
Internship · 4 months · TBD · Summer 2026
Posted Feb 27, 2026
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Remote
Investment Banking Intern
Wellington Row Capital
📍 Toronto, Ontario
Support outreach, qualification, and deal materials execution
Part-Time · 5 hours/week · Commission-based · N/A
Posted Feb 26, 2026
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Investment Banking Summer Analyst
The Fairing Group
📍 Toronto, Ontario · Hybrid
Build models, analyze deals, prepare client materials
Internship · 4 months · Summer 2026
Posted Feb 24, 2026
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🔥 Hot
2027 Investment Banking Summer Analyst (Montreal)
TD
📍 Montréal-Ouest, Quebec
Develop valuations, support M&A, prepare client memos
Internship/Co-op · Summer 2027 · CAD 100k · Term 3
Posted Feb 24, 2026
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Equity Research Intern - Summer 2027
Fidelity Canada
📍 Toronto, Ontario
Conduct in-depth equity research and present buy/sell notes
Contract · Summer 2027 · $50/hour · Internship
Posted Feb 24, 2026
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🔥 Hot
GBM - Investment Banking (Montreal) Internship/Co-op - Summer 2027
Scotiabank
📍 Montreal, Quebec
Build financial models; support client pitches
Internship/Co-op · May–Aug 2027 · Paid · Summer 2027
Posted Feb 23, 2026
Frequently Asked Questions
What is the typical salary for an investment banking analyst in Canada?
First-year IB analysts at major Canadian banks earn $85,000-$100,000 CAD base salary, with year-end bonuses of $40,000-$80,000+. Boutique firms may pay slightly less base but can offer competitive total compensation.
Do I need an MBA to work in investment banking in Canada?
No. Most banks hire analysts directly from undergraduate programs in finance, economics, or business. An MBA is typically pursued after 2-3 years as an analyst to return at the associate level.
Which Canadian cities have the most IB jobs?
Toronto (Bay Street) dominates with 70%+ of Canadian IB roles. Montreal has a growing presence, especially for francophone coverage. Calgary is strong for energy-focused investment banking.