Toronto is the finance hub in Canada. If the process is like the US, and I can think of no reason why it shouldn't be, you'll want to make sure to attend a target grad school and do the summer internship that will give you a shot at an associate position.

Salary is usually minor like 80k, not much difference between associate and VP, the end of the year bonus is all that matters. The managing directors are paid slightly differently.

What Universities are the best for Investment Bankers? What are high end Investment banks? How long does it take to become an Investment Banker? How much do Investment Bankers make in the beginning?