2027 Macquarie Capital Summer Analyst Internship Program, Critical Minerals and Energy
Investment Banking & Advisory
Toronto, ONIntern / Co-opInternshipApply by Oct 12, 2026
Global Bank
Australian group with Canadian offices in Toronto, Calgary and Vancouver, active in Canadian infrastructure advisory and energy markets.
Macquarie Group lists three Canadian offices: Toronto (Brookfield Place, home of Macquarie Capital Markets Canada Ltd.), Calgary and Vancouver. Its Canadian disclosures also name Macquarie Energy Canada Ltd., an Ontario-incorporated subsidiary of Macquarie Bank that deals in OTC derivatives, reflecting the energy and commodities side of the business. Macquarie Capital advised the Warburg Pincus-led buyers of ECN Capital (2025), published a 2026 case study on advising Goldman Sachs Alternatives on its acquisition of QScale, a Canadian AI data-centre developer, and was exclusive advisor on the 2026 sale of two Alberta racetrack casinos. Macquarie no longer has a Canada-specific website and publishes no Canadian leadership, headcount or student program.
No sourced figures yet
BSO only shows numbers it can attribute to a published source.
M&A and debt advisory on Canadian transactions, including digital infrastructure (QScale), a specialty-finance take-private (ECN Capital) and the sale of two Alberta racetrack casinos.
2 interview reports1 open roles47 deals0 people69 sources
Macquarie Energy Canada Ltd. and Macquarie Bank Limited deal in OTC derivatives with Canadian counterparties under Canadian derivatives rules.
| Toronto | ON | headquarters |
| Calgary | AB | office |
| Vancouver | BC | office |
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Reasons that work in interviews
4 reasons for Macquarie
Anchor the answer to the Toronto or Calgary office rather than the global brand. “Why Goldman” answered with global league tables is the single most common failure in this category.
Growing within the Canadian resources space: recently started hiring interns, giving unprecedented exposure into growth.
Principal investing alongside advisory is the real differentiator: this is one of very few places where you see the firm commit its own capital to the sectors it advises on.
Infrastructure and energy depth globally, which is directly relevant to Canada's pipeline of power, renewables and transport assets.
Commodities and global markets sit in the same house, so the firm's view on a sector is informed by trading flow.
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Summer 2028
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Own the client relationships in a sector and bring the mandates in.
Critical Minerals and Energy
Macquarie Capital team in Toronto giving M&A, divestment, debt and equity raising and restructuring advice to critical-minerals and energy clients, backed by Macquarie's principal investing capability; hires summer analysts.
Toronto
Sep 28, 2026
Century Mile Racetrack and Casino (Edmonton) and Century Downs Racetrack and Casino (Calgary)
Exclusive financial advisor to Seller · Gaming / Horse Racing
Buyer Highfield Investment Group · Seller Century Casinos, Inc.
Century Casinos agreed to sell the racing and gaming operations of its two Alberta racetrack casinos to Highfield Investment Group for about US$16.4 million (C$23.2 million). Macquarie Capital was the seller's exclusive financial advisor.
Sep 28, 2026
Century Mile and Century Downs racetracks and casinos (Alberta)
Exclusive financial advisor to Century Casinos · Gaming
Buyer Highfield Investment Group · Seller Century Casinos, Inc.
Century Casinos agreed to sell its Alberta racing and gaming operations at Century Mile and Century Downs to Highfield Investment Group for about US$16.4 million (C$23.2 million).
Nov 13, 2025
ECN Capital Corp.
Financial advisor to Buyer · Specialty Finance
Buyer Investor group led by Warburg Pincus
TSX-listed ECN Capital agreed to be taken private by a Warburg Pincus-led investor group at C$3.10 per share in cash, an enterprise value of about C$1.9 billion. Macquarie Capital, BMO Capital Markets and Truist Securities advised the buyers; CIBC and RBC advised ECN.
Jun 13, 2025
Adriatic Metals plc
Joint financial advisor to Adriatic · Mining - Precious & Base Metals
Buyer Dundee Precious Metals Inc.
Dundee Precious Metals proposed to acquire Adriatic Metals, owner of the Vareš mine in Bosnia and Herzegovina, valuing its share capital at about US$1.3 billion in cash and DPM shares.
Jun 24, 2024
Fission Uranium Corp.
Financial advisor to Paladin · Mining (Uranium)
Buyer Paladin Energy Ltd
Paladin agreed to acquire Fission by plan of arrangement for 0.1076 Paladin shares per Fission share, an implied C$1.30 per share and C$1,140 million equity value.
Nov 10, 2020
Great Canadian Gaming Corporation
Lead financial advisor to Apollo · Gaming & Leisure
Buyer Funds managed by affiliates of Apollo Global Management
Apollo funds agreed to acquire Great Canadian Gaming for C$39.00 per share in cash, a total enterprise valuation exceeding C$3.3 billion.
Sep 25, 2020
AST Investor Services Inc. (Canada) and AST Trust Company (Canada)
Financial advisor to AST · Financial Services
Buyer TMX Group Limited · Seller Armor Holdco, Inc. (Pacific Equity Partners portfolio company)
TMX Group agreed to acquire AST's Canadian transfer agency and corporate trust business for $165 million in total consideration.
Apr 21, 2018
Sky Betting & Gaming
Committed debt financing · Gaming
Buyer The Stars Group Inc.
The Stars Group agreed to acquire UK online betting operator Sky Betting & Gaming at an enterprise value of about US$4.7 billion in cash and shares.
Mar 6, 2018
William Hill Australia Holdings Pty Ltd. and additional CrownBet interest
Sole financial advisor to The Stars Group; committed debt financing · Gaming
Buyer The Stars Group Inc. (via CrownBet)
The Stars Group agreed to raise its CrownBet stake from 62% to 80% and have CrownBet acquire William Hill Australia, for about US$315 million in aggregate.
Nov 20, 2017
Peak Mines (Australia)
Financial advisor to New Gold · Mining (Gold)
Buyer Aurelia Metals Limited · Seller New Gold Inc.
New Gold agreed to sell its Peak Mines in Australia to Aurelia Metals for US$58 million.
Sep 11, 2017
Richmont Mines Inc.
Financial advisor to Richmont and its board · Mining (Gold)
Buyer Alamos Gold Inc.
Alamos Gold agreed to acquire Richmont Mines in an all-share friendly transaction valued at about US$770 million (fully diluted equity value).
Mar 7, 2016
Claude Resources Inc.
Financial advisor and fairness opinion to the Silver Standard board · Mining
Buyer Silver Standard Resources Inc.
Silver Standard agreed to acquire Saskatchewan gold producer Claude Resources in a share deal implying an equity value of about C$337 million.
Oct 15, 2015
Carlisle Goldfields Limited
Financial advisor and fairness opinion to the Alamos board · Mining
Buyer Alamos Gold Inc.
Alamos agreed to acquire Carlisle Goldfields to consolidate ownership of the Lynn Lake gold project in Manitoba.
May 26, 2015
Legacy Oil + Gas Inc.
Strategic advisor to Crescent Point · Oil & Gas
Buyer Crescent Point Energy Corp.
Crescent Point agreed to acquire Legacy Oil + Gas by plan of arrangement for about $1.53 billion including roughly $967 million of assumed net debt, alongside a $600 million bought-deal financing.
Jun 3, 2014
Papillon Resources Limited
Financial advisor to Papillon · Mining (Gold)
Buyer B2Gold Corp.
B2Gold agreed to acquire ASX-listed Papillon Resources, owner of the Fekola project in Mali, by Australian scheme of arrangement at 0.661 B2Gold shares per Papillon share.
Mar 31, 2014
Longview Oil Corp.
Exclusive financial advisor to Surge · Oil & Gas
Buyer Surge Energy Inc.
Surge Energy and Longview Oil agreed to a $429 million strategic business combination by plan of arrangement.
Dec 19, 2013
Madsen Gold Project (Red Lake, Ontario)
Financial advisor to Laurentian on the acquisition and financing · Mining (Gold)
Buyer Laurentian Goldfields Ltd. · Seller Claude Resources Inc.
Claude Resources agreed to sell its Madsen Gold Project to Laurentian Goldfields for C$3.75 million cash plus equity, conditional on a Laurentian financing.
Dec 17, 2013
PMI Gold Corporation
Financial advisor to PMI · Mining (Gold)
Buyer Asanko Gold Inc.
Asanko Gold and PMI Gold agreed to a business combination by plan of arrangement valuing PMI's undiluted equity at about C$183 million.
Aug 29, 2011
Northgate Minerals Corporation
Fairness opinion to the special committee and board · Mining
Buyer AuRico Gold Inc.
AuRico agreed to acquire Northgate by plan of arrangement to form an intermediate gold producer; the deal closed on October 26, 2011.
Jul 13, 2011
Primero Mining Corp.
Fairness opinion to the special committee · Mining
Buyer Northgate Minerals Corporation
Northgate and Primero agreed to combine via a share exchange, with Northgate offering about $4.215 per Primero share.
Dec 9, 2010
Granite State Electric Company and EnergyNorth Natural Gas Inc.
Exclusive financial advisor to APUC · Utilities
Buyer Algonquin Power & Utilities Corp. · Seller National Grid USA
Algonquin agreed to acquire two New Hampshire utilities from National Grid USA for US$285.0 million.
Feb 26, 2010
BPO Properties Ltd. (Brookfield Office Properties Canada)
Financial advisor and formal valuator to the independent committee · Real Estate
Buyer Brookfield Properties Corporation
Brookfield Properties proposed converting BPO Properties into a Canadian office REIT that would also acquire an interest in Brookfield Place.
Dec 28, 2009
Corriente Resources Inc.
Financial advisor to the offeror · Mining
Buyer CRCC-Tongguan Investment Co., Ltd. (Tongling and China Railway Construction)
A Tongling/CRCC joint venture agreed to acquire Corriente Resources for cash, valuing it at about C$679 million.
Aug 26, 2009
Sino Gold Mining Limited
Financial advisor to Eldorado · Mining
Buyer Eldorado Gold Corporation
Eldorado Gold agreed to combine with ASX-listed Sino Gold in an all-share deal valuing Sino Gold at about A$2.2 billion.
Mar 31, 2009
Cadiscor Resources Inc.
Financial advisor to Cadiscor · Mining
Buyer North American Palladium Ltd.
North American Palladium agreed to acquire Cadiscor Resources by plan of arrangement at 0.33 NAP shares per Cadiscor share.
Macquarie Capital published its advisory role on Goldman Sachs Alternatives' acquisition of QScale.
Macquarie Capital was one of three financial advisors to the buyers of TSX-listed ECN Capital (about C$1.9 billion enterprise value).
No sourced leadership profiles or people moves for this firm. BSO publishes a fact only once it can attribute it to a named source, so these stay off the page rather than being filled in from inference. If you know something published that belongs here, it is the fastest way to get it added.
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Century Casinos, Inc. (via Cision/Newswire) · Sep 28, 2026 · newswire.ca
BSO Jobs · Sep 10, 2026 · baystreetoracle.ca
Macquarie Group · Jul 23, 2026 · macquarie.com
Macquarie Group · Jul 1, 2026 · macquarie.com
Macquarie Group · Dec 1, 2025 · macquarie.com
ECN Capital Corp. (via Cision/Newswire) · Nov 13, 2025 · newswire.ca
Dundee Precious Metals Inc. (investor relations) · Jun 13, 2025 · dpmmetals.com
Paladin Energy Ltd and Fission Uranium Corp. via CNW · Jun 24, 2024 · newswire.ca
Apollo Global Management, Inc. via GlobeNewswire · Nov 10, 2020 · globenewswire.com
TMX Group Limited via CNW · Sep 25, 2020 · newswire.ca
The Stars Group Inc. (SEC Form 6-K exhibit 99.1) · Apr 23, 2018 · sec.gov
The Stars Group Inc. (SEC Form 6-K exhibit 99.1) · Mar 6, 2018 · sec.gov
New Gold Inc. (SEC 6-K exhibit, CNW release) · Nov 20, 2017 · sec.gov
Alamos Gold Inc. (SEC 6-K exhibit) · Sep 11, 2017 · sec.gov
Claude Resources via SEC EDGAR (6-K Ex. 99.1) · Mar 7, 2016 · sec.gov
Alamos Gold via SEC EDGAR (6-K Ex. 99.1) · Oct 15, 2015 · sec.gov
Crescent Point Energy via SEC EDGAR (6-K Ex. 99.1) · May 26, 2015 · sec.gov
B2Gold Corp. (Form 6-K, SEC EDGAR) · Aug 14, 2014 · sec.gov
Surge Energy Inc. via CNW · Mar 31, 2014 · newswire.ca
Asanko Gold Inc. (Form 6-K, SEC EDGAR) · Dec 23, 2013 · sec.gov
Claude Resources Inc. (Form 6-K, SEC EDGAR) · Dec 19, 2013 · sec.gov
AuRico Gold Inc. 6-K via SEC EDGAR · Oct 26, 2011 · sec.gov
Northgate Minerals Corp. 6-K via SEC EDGAR · Aug 29, 2011 · sec.gov
Northgate Minerals Corp. 6-K via SEC EDGAR · Jul 13, 2011 · sec.gov
Algonquin Power & Utilities Corp. via SEC (Form 6-K) · Dec 22, 2010 · sec.gov
Brookfield Properties Corporation via SEC (Form 6-K) · Feb 26, 2010 · sec.gov
Corriente Resources Inc. via SEC (Form 6-K) · Dec 28, 2009 · sec.gov
Eldorado Gold Corporation via SEC (Form 6-K) · Aug 26, 2009 · sec.gov
North American Palladium Ltd. via SEC (Form 6-K) · Apr 1, 2009 · sec.gov
Macquarie Group · Date unavailable · macquarie.com
Macquarie Group · Date unavailable · macquarie.com
Macquarie Group · Date unavailable · recruitment.macquarie.com
Macquarie Group · Date unavailable · macquarie.com
IPE Real Assets (hosted by Macquarie) · Jul 2025 · macquarie.com
Advisor.ca · Apr 29, 2019 · advisor.ca
Macquarie (via iAgora) · Date unavailable · iagora.com
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Programs
Summer Analyst · Canada
A Macquarie Capital summer analyst internship recruited against the firm's critical minerals and energy franchise, which is the Canadian team's centre of gravity. Macquarie recruits on a rolling basis within the window, so applying early matters more than at a bank with a fixed close.
Typical background
GuidanceA Big Six bank, a leading independent, or a boutique.
Global bulge brackets and elite boutiques
Global banks
Macquarie is hereBig Six banks
Rising boutiques and mid-market independents
Boutiques, small-cap dealers and deal advisory
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Guidance