Job prospects Junior Financial Analyst in the Montréal Region

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Over the past few years (2021-2023), the labour market was balanced for Financial and investment analysts in the Montréal Region. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Financial and investment analysts (NOC 11101) in the census metropolitan area of Montréal for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The employment outlook for this occupational group primarily depends on the finance and insurance sectors.

Increased demand for personalized consulting services (related to retirement and succession) resulting from population ageing, the diversification of financial products for individuals and businesses, and the increased value of investment portfolios should boost employment for these professionals.

The increasingly frequent use of online electronic services (such as banking, mortgage calculators or insurance coverage purchases), as well as the growing role of artificial intelligence, could limit the impact of factors favourable to this profession.

While the employment outlook for this occupational group is moderate at the provincial level, it will be good in Lanaudière and Laurentides, but limited in Estrie.

Here are some key facts about Financial and investment analysts in the census metropolitan area of Montréal:

• Approximately 11,630 people worked in this occupation in May 2021.

Source Labour Market Information | Prospects Methodology