Excerpted from the Canada Career Guide
Canada has a diverse financial industry, which includes banks, trust and loan companies, credit unions/caisses populaires, insurance firms, securities dealers and exchanges, mutual fund companies and distributors, finance and leasing firms, pension fund management firms and independent financial advisers. The financial sector employs over 1.2 million workers and is a major contributor to the economy. In fact, Canada's banking system has been consistently ranked the soundest in the world.
Skills in Demand
Canadian companies are slowly refilling finance positions lost during the recession, and companies now positioned for growth are actively hiring finance professionals. Recent graduates with internship experience and accounting certifications have access to the best opportunities. That said, the entry-level market, though improving, continues to prove challenging.
Areas of Job Promise
Investment firms, retail brokerages, commercial banks and hedge funds are currently adding the most new positions, usually for highly skilled candidates.Occupations most in demand include financial analysts (particularly those with a strong combination of financial, technical and communication skills) and those who fulfill core accounting operations such as accounts payable, accounts receivable and collections.
Financial sector employers often boost salaries with substantial bonuses and non-monetary incentives such as additional vacation time, flexible scheduling and opportunities for professional development and telecommuting.
Organizations and Trade Associations
Association de Planification Fiscale et Financiere
This is a non-profit, independent and non-governmental organization dedicated to advancing the knowledge and enhancing the expertise of its members in the areas of taxation, finance, and wealth management and estate planning.
445, boul. St-Laurent, bureau 300
Fax toll-free: 1-877-866-0113
Financial Markets Association of Canada (FMAC)
FMAC is an association of industry professionals dealing in foreign exchange, money markets, derivatives and capital markets. It is affiliated with the Association Cambiste Internationale (ACI). FMAC hosts business and social functions that provide members with an opportunity to meet one another, and a forum for listening to and interacting with influential speakers. Every year is highlighted by the Annual General Meeting held in the fall. Also, FMAC members receive the ACI Briefing from the parent organization.
Financial Markets Association of Canada
250 Consumers Road, Suite 301
Toronto, ON M2J 4V6
Canadian Labour Congress - CLC
http://www.clc-ctc.ca (French, English)
The CLC is the largest nationwide organization that provides information and resources relating to unions and Canadian labor. It is a good place to start looking for industry-specific union and labor information.
Canadian Labour Congress
2841 Riverside Drive
Ottawa, Ontario K1V 8X7
CGA Magazine is published six times per year by the CGA (Certified General Accountants Association of Canada). The magazine covers opportunities and issues for CGA professionals. It is distributed to 73,000 CGA students, members and leaders in the business, government, education and regulatory communities. The online version is available at http://www.cgamagazine-digital.com/cgamagazine.
Certified General Accountants Association of Canada
1188 West Georgia Street, Suite 700
Vancouver, British Columbia V6E 4A2
This is just a short sample of what you’ll find in over 100 pages of information in the complete Canada Guide.