Canada Immigration for Investment Professionals
Ontario is the province of choice for most Canadian immigration aspirants. The capital city of Toronto is not only Canada’s most ethnically diverse and immigrant-dense metropolis but also the country’s financial hub. The vast majority of Ontario’s investment professionals live and work in or around the Toronto economic region – and many of them are immigrants.
Common Investment occupations in Canada
Credit, banking, and other investment managers (NOC 0122): Around 21,360 Toronto residents work in this occupation, earning $48 per hour on average – or up to $66 per hour.
Investment and financial analysts (NOC 1112): Around 8,270 Toronto residents work in this occupation, earning $33 per hour on average – or up to $52 per hour.
Investment dealers, brokers, and securities agents (NOC 1113): Around 27,430 Toronto residents work in this occupation, earning $30 per hour on average – or up to $72 per hour.
Demand for Investment Professionals in Canada
The job prospects for immigrants belonging to these occupations are mostly positive due to employment generation, vacancies arising due to the aging workforce’s retirement, and lack of sufficient workers with prior experience. The majority of investment professionals work primarily in the insurance, real estate, finance, leasing, and rental sectors.
Toronto has a vast industrial and retail base, and the headquarters of the largest banks, investment firms, financial consulting firms, financial institutions, and major stock exchanges are located there. Therefore, job opportunities for investment professionals are concentrated in this region. The Canada Job Bank website is the most reliable source for tracking job openings in this field. LinkedIn, Monster, SimplyHired, CareerBuilder, Workopolis, and Indeed also list vacancies.
Qualification and licensure Requirements
Typically, employers require a bachelor’s degree in economics, business administration, or commerce. On-the-job training, industry programs, or courses may also be necessary. Many employers also demand an MBA or master’s degree in finance. Immigrants may also need to secure a professional license from the Canadian regulatory authority for the specific occupation.
After meeting these requirements and reaching out to employers, professionals must pass a screening process that begins with a telephonic interview, followed by 2-3 rounds of knowledge testing, and finally, an offer letter. To find out more about job prospects and Canadian immigration pathways for investment professionals, consult the seasoned experts at Abhinav – India’s pioneering and most well-referenced immigration consultancy since 1994.
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