Thanks for sharing your experiences. I do agree with you that jobseekers should not limit themselves to the Toronto only. Those who are in the field of banking/finance, I suggest to land directly to Calgary (Alberta) or Regina/Saskatun (Saskatchuan) rather than landing to Toronto and not to waste their valuable time. Toronto is extremely competitive and jobseekers often need to compete with local/experienced people who often get priority to the employers over the newcomers due to their canadian job experiences or degree.
Some might think whether landing would be allowed to the different provinces, if the place of landing is already mentioned in the initial application. I asked this question directly to the Immigration Officer, Pearson Toronto Airport. He told me that if the applicant is FSW, then he can land in any province (except the landing province restricts). But Provincial Nominee Applicant should land only to that province where they have applied. After I land in Toronto, I gave my corresponding/mailing address of St. Johns (Newfoundland Labrador Province) in order to get my PR card by post. It is well accepted by the officer, although my agency in Dubai misinformed me that I'm not allowed to give different provincial address If I land to Toronto. So, I was forced to keep two addresses with me, one is St. Johns (where my relatives live) and other one is Toronto (if they reject St. Johns, NL addresss).
However, back to the discussion point at Toronto, in applying as a Finiancial Service Representative in Banks, you need to have Investment Funds in Canada (IFIC) or CFIC certification. Having CSC certificaion is a clearly advantage, but not requiried in entry level or level 2 positions. But interestingly, in Calgary or other provinces, many people got bank jobs without the certifications and later they are required to pass the exam (within six months after joining). In toronto, many people are already having banking certifications and waitng to get breakthrough (including laid off people), so this led the banks in Toronto to recruit and prioritize certified people over the newcomers who are even well-experienced in overseas. On the otherhand, many recruiters are saying that financial job market in Toronto is not as good as it was 4-5 years back due to global economic recession.
Wish you all the best and happy new year 2013 in advance.
Thanks & regards,
SAYEK