Canaccord Genuity is a global, full-service investment banking and financial services firm headquartered in Canada. The company caters to individuals, corporations, and institutional clients in 10 countries.
Services offered by Canaccord Genuity include investment banking, wealth management, equity research, trading, and asset management.
Canaccord Genuity operates out of Vancouver, B.C., with additional offices in cities like Toronto, Calgary, Edmonton, Waterloo, Oakville, and Kelowna. Over 1,000 employees work for Canaccord Genuity in various roles, including investment bankers, financial advisors, research analysts, traders, and support staff.
The company was established in 1950 as a Western Canadian venture capital firm called Hemsworth, Turton & Co.
Recent layoffs at Canaccord Genuity
- August 2023: Canaccord Genuity is cutting 7% of its workforce, with most layoffs occurring in its capital markets division.
Severance for Canaccord Genuity employees
In Canada, non-unionized employees at Canaccord Genuity can get up to 24 months of severance pay when they are fired or laid off from their job. This includes individuals working full-time, part-time, and hourly in Ontario, Alberta, or B.C.
Severance is the compensation a non-unionized worker in Canada receives from their employer when they are fired without cause.
Even if you are fired for cause, it’s very likely that you are still entitled to full severance pay because employees often don’t meet the conditions...
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