Investment Banking / Capital Markets Jobs in Canada 2026
21 entry-level positions available (8 full-time, 13 internships)
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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Associate, Investment Banking, Mining & Metals - Toronto, ON
Scotiabank
📍 Toronto, ON
Build financial models, analyze deals, support execution
Full-time · Permanent · Not disclosed · Toronto, ON
Posted Jul 08, 2026
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Equity Research Associate - Industrial (Engineering and Construction)
TD Securities
📍 Toronto, Ontario
Build financial models, publish sector research, support analysts
Full-time · Permanent · $110,000-$135,000 CAD · N/A
Posted Jul 08, 2026
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Associate, Investment Banking, Mining & Metals - Toronto, ON
Scotiabank - Global Banking and Markets
📍 Toronto, Ontario
Build financial models, analyze clients, prepare presentations
Full-time
Posted Jul 08, 2026
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Equity Research Associate - North American Industrials
RBC
📍 Toronto, Ontario · Hybrid
Support equity research; build models; write notes
Full-time · Regular · $80,000-$115,000 · permanent
Posted Jul 08, 2026
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Equity Research Associate - Transportation/Aerospace/Industrials
RBC
📍 Toronto, Ontario
Develop models, analyze equities, write research notes
Full-time · Regular · $80k-$115k · Permanent
Posted Jul 08, 2026
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Multi - Asset Trading Associate
Mackenzie Investments
📍 Greater Toronto Area · Hybrid
Support trade execution and lifecycle across assets
Full-time · permanent · $90k-$140k CAD · n/a
Posted Jul 07, 2026
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Associate, Private Equity Portfolio Strategy
CPPIB Credit Investments Inc. UK
📍 Toronto
Conduct financial analysis to optimize private equity portfolio
Full-time
Posted Jul 06, 2026
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Equity Research Associate
QV Investors Inc.
📍 Calgary, Alberta · Hybrid
Construct financial models and conduct equity research
Full-time · Permanent · Market · Negotiable
Posted Jul 06, 2026
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Private Equity Intern - Summer 2027
Alfar Capital
📍 Montreal, Quebec
Support PE transactions with modeling and memos
Internship · Summer 2027
Posted Jul 23, 2026
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GBM - Investment Banking Internship/Co-op - Montreal - Fall 2026
The Bank of Nova Scotia P
📍 Montreal, QC, CA
Develop financial models, support client pitches
Internship/Co-op · 4 months (Sept–Dec 2026) · Paid · Fall 2026
Posted Jul 16, 2026
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GBM - Investment Banking Internship/Co-op - Montreal - Winter 2027
The Bank of Nova Scotia P
📍 Montreal, QC, CA
Build financial models, valuations, and presentations
Co-op internship · 4 months · Paid · Jan–Apr 2027
Posted Jul 16, 2026
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GBM - Investment Banking Internship/Co-op - Montreal - Winter 2027
Scotiabank
📍 Montreal, Quebec
Build financial models, support client valuations
Internship/Co-op · 4 months · N/A · Winter 2027
Posted Jul 16, 2026
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Remote
Capital Markets — Master-Level Internship
Vosyn
📍 Etobicoke, ON
Support market analysis, build financial models
Internship · 520 hours (~3 months) · $32/hour · Summer term
Posted Jul 15, 2026
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Private Equity Intern - Summer 2027 (May-August)
Walter Group
📍 Westmount, Quebec
Assist research, valuation, and deal execution
Internship · at least 3 months · Competitive compensation · Summer 2027
Posted Jul 15, 2026
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GBM - Investment Banking (Mining) Internship/Co-op - Winter 2027
The Bank of Nova Scotia P
📍 Toronto, ON, CA
Analyze financials, build models, support deals
Internship/Co-op · Jan–Apr 2027 · Competitive pay · Winter 2027
Posted Jul 13, 2026
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Private Equity Intern - Summer 2027
Maverix Private Equity
📍 Toronto, Ontario, Canada · Hybrid
Assist with financial modelling and investment analysis
Internship · May 2027–Aug 2027 · N/A · Summer 2027
Posted Jul 13, 2026
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GBM - Investment Banking Internship/Co-op - Winter 2027
Scotiabank
📍 Toronto, ON
Build financial models, support client pitches
Type: Co-op/Internship · Duration: Jan–Apr 2027 · Term: Winter 2027
Posted Jul 09, 2026
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Private Equity Student Analyst
Azimuth Capital Management
📍 Calgary, Alberta
Build models, analyze investments, support portfolio operations
Student Analyst · 8 months · Not disclosed · Sep 2026 term
Posted Jul 08, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Helios Software Group
📍 Montreal, Quebec
Source deals, model, due diligence, relationships
Internship · Fall
Posted Jul 06, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Valsoft Corporation
📍 Montreal
Source investment opportunities, model deals, support execution
Internship · Fall · Not disclosed · Fall
Posted Jul 06, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Valsoft
📍 Montréal, QC
Source investments, build models, support deal execution
Internship · Fall · N/A · Internship
Posted Jul 06, 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.