Canaccord Genuity Ends Hybrid Work
Independent investment bank Canaccord Genuity will require all Canadian employees to return to the office full-time starting September 8, 2025, ending its hybrid work model.
In a company-wide memo obtained by The Globe and Mail, CEO Stuart Raftus said the decision aims to strengthen client service and internal collaboration, acknowledging that the change will require adjustment. The five-day policy exceeds recent mandates from peers like RBC and Scotiabank, which require four days in-office.
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Canaccord’s Return To Office Policy
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How Canaccord Compares To Other Financial Firms
Canaccord’s new five-day office requirement puts it in line with the most rigid return-to-office policies in the financial sector. While several global peers have opted for hybrid schedules, only a few have reinstated full-time attendance. Here’s how Canaccord’s policy stacks up:
- JPMorgan Chase: 5 days/week (Office First)
- Goldman Sachs: 5 days/week (Office First)
- Bank of America: 3 days/week (Office First)
- Citigroup: 3 days/week (Hybrid)
- Wells Fargo: 3 days/week (Hybrid)
- Morgan Stanley: 4 days/week (Hybrid)