Below are answers to some frequently asked questions regarding our university recruitment campaign. If you have questions that are not addressed below or elsewhere on our website, please send us an e-mail.
Finance Canada hires university recruits through three streams. Most recruits are hired through the Economist and Policy Analyst stream, which is open to recent graduates at the Master's level in our four target disciplines:
The two other streams are more specialized. The Tax Legislation stream is open to those with training in law, taxation or accounting and who wish to pursue a career as a specialist in income or sales tax. The Doctoral Research stream is aimed at Ph.D. graduates who wish to conduct theoretical and empirical research. Information about the application process for these two streams, can be found in application overview section.
The ECDP is a competency-based career development and progression program designed for the EC community in Finance's six policy branches. The program includes challenging work assignments, job coaching and a combination of formal and informal training.
For the Economist and Policy Analyst stream, employees enter the program are normally at the EC-2 level and the target level of progression is EC-6. Employees in the ECDP in the Economist and Policy Analyst stream, normally progress from the entry level to the target level within three to five years depending on their performance and their acquisition of the needed skills and competencies.
As for the Doctoral stream, employees enter the program normally at the EC-5 level and the target level of progression is EC-6. For the Legislative stream, employees normally enter the program at the EC-5 level and the target level of progression is EC-7.
The Department is strongly committed to the recruitment, development and retention of its employees.
|EC-2 to EC-3||EC-3 to EC-4||EC-4 to EC-5||EC-5 to EC-6||EC-6 to EC-7
|Excels||6 months||6 months||12 months||18 months||18 months|
|Exceeds||9 months||9 months||18 months||24 months||24 months|
Finance Canada does not generally hire summer students as policy analysts or economists. Occasionally, some managers hire students temporarily to work on specific projects during the year. These assignments are not part of the university recruitment campaign.
Candidates who are not Canadian citizens may apply but Canadian citizens will be given priority. Non-Canadians will be interviewed only if we are unable to meet our recruitment needs from the pool of Canadian applicants. In past years, the department has been able to meet its recruitment needs through applicants who were Canadian citizens.
If you graduated outside of Canada it may take a few weeks to obtain an assessment of your foreign degree, but an assessment is not required for you to apply. However, if you are selected for an interview you will be required to bring your Canadian equivalency with you.
The public service will accept any foreign educational credentials as long as they are deemed comparable to Canadian standards, through a recognized credential assessment service.
The Canadian Information Centre for International Credentials (CICIC) can assist you in obtaining an assessment of your educational, professional, and occupational credentials through referral to an appropriate organization. Please refer to the Canadian Information Centre for International Credentials.
Applications for the Economist and Policy Analyst stream must be submitted online through Finance Canada's website. For the 2012–2013 campaign, applications are due by 11:59 p.m. Pacific Time on November 9, 2012. Applications submitted by other means (e.g., mail, fax) and those submitted after the deadline will not be considered.
If you are unable to apply online or are experiencing technical difficulties, please contact us at
1-877-921-0707 or by e-mail. Hours of operation are from 8:00 a.m. to 4:30 p.m. Eastern Time from October 10 to November 9, 2012. Your message will be returned by two business days. If possible, we recommend that you communicate with us by e-mail as we might not be able to reach you by phone.
To be eligible, you must:
Finance Canada's economists and analysts contribute to a range of important and interesting policy issues, many of which do not require expertise in economics. However, as we advise the Minister of Finance and the Prime Minister on issues from an economic perspective, we require all analysts to have a good grasp of economic principles.
Finance Canada requires applicants to have the equivalent of three full-year economics courses (e.g., six half-year courses, or two full-year courses and two half-year courses). Applicants who are pursuing a graduate degree in finance will require three or more half-year courses in economics to be considered. We will accept economics courses at either the graduate or undergraduate university level. We do not accept courses at the college or CEGEP levels.
However, we will accept courses that are offered outside of a school's economics department, as long as they are grounded solidly in economics. We reserve the right to make this decision. Your transcripts will be used to validate the number of courses completed.
It is important that you ensure you meet the educational requirements for the position. You are required to meet the essential qualifications in order for your application to be considered.
However, we are willing to consider applicants from programs that are similar to our target areas. For example, we may consider your application if you are graduating with a degree in "international economics" or "economic policy" as the title of the degree can vary for one university to another. We reserve the right to make this decision.
The written assignments are intended to evaluate your written communication skills and abilities. The first written assignment must be submitted as part of the online application. Based on the job poster, your online written assignment will assess your ability to communicate effectively in writing, analyze and synthesize information, understand issues, and identify their economic, social and/or financial implications. We may proceed with a second assignment which will assess other abilities and will be conducted as part of the interview process.
Not necessarily. Hiring managers will conduct a more thorough screening of applications. Our staffing process allows each hiring manager to identify specific qualifications that are relevant to the position they are looking to fill. The qualifications may differ from one position to another. Only candidates who meet the required qualifications for our current/upcoming vacancies will be interviewed in January.
However, in previous years, hiring managers within the Department of Finance have interviewed and hired candidates throughout the year. Candidates identified in our screening process who meet the essential qualifications will be included in a pool of partially assessed candidates, which hiring managers from the Department of Finance and other federal government organizations may draw on until December 2013.
Candidates are selected for interviews based on their qualifications (e.g. Master's degree, grade point average, writing ability) and their online application. Also, one or more of the asset qualifications (i.e. relevant experience, professional designation) may be used as well as other criteria such as citizenship, official languages and organizational needs.
The interviews take place over two days in mid-January in Ottawa. Finance Canada may provide for transportation to and from Ottawa as well as accommodation for the duration of the interview process. Candidates residing outside of Canada may be required to fund their own travel arrangements. Additional information will be provided to candidates being interviewed. Alternative interview approaches such as videoconferencing (via Skype) or phone interviews may be considered.
Occasionally, individuals choose not to attend the interviews. Should this occur, we may invite other applicants.
By December, only applicants who meet the essential qualifications will be advised by e-mail that they have been placed in the pool of partially assessed candidates. Invitations for interviews will also be sent by December. Applicants who did not meet the essential qualifications during the online application process will not be contacted.
The Ottawa interviews provide candidates with the opportunity to discuss their qualifications with one or more hiring managers from Finance Canada. As part of the interview, candidates will also be required to complete a written assignment. The assignment will follow a similar format to the assignment submitted as part of the online application.
The purpose of the interview process is to evaluate whether a candidate possesses the competencies necessary to work at Finance Canada. Hiring managers may discuss and validate your experience based on your online application and/or assess additional qualifications.
The interviews also offer you the opportunity to learn about the different areas of the Department, and to determine which area best matches your interests. At the end of the interview process, you will be asked to indicate which teams you would most like to join.
The interview will take place in the official language of your choice.
In 2011, there were 121 qualified applicants, 52 of which were invited to an interview.
This year, Finance Canada expects to hire 11 to 12 economists and policy analysts.
Managers begin to make offers of employment 1–2 weeks after the Ottawa interviews. These offers are conditional on obtaining your secret security clearance and completing your required coursework. When a verbal offer has been accepted, the Department will begin to process the required paperwork.
Applications for the Doctoral Research stream are submitted online through Finance Canada's website. For the 2011 campaign, applications are due by 11:59 p.m. Pacific Time on October 30, 2011. Applications submitted by other means (e.g., mail, fax) and those submitted after the deadline will not be considered.
If you are unable to apply online or are experiencing technical difficulties, please contact us at 1-877-921-0707 or by e-mail.
To be eligible to apply, you must:
Economists hired through the Doctoral Research stream usually work in a Division with a broad mandate to conduct in-depth policy-relevant economic research to provide strategic advice to the Minister on issues that are of medium- and long-term significance. The Division conducts policy research on a number of economic issues, including economic growth, sources of productivity growth, population aging, public finance, trade, economic analysis of environmental policies, pension systems and human capital.
The research document submitted should be whichever best demonstrates your abilities as a research economist who might work at the Department of Finance. This does not necessarily have to be part of your dissertation nor does the document have to be complete. However, the document will be used to assess your written communication, as well as your ability to conduct high quality research in a relevant field of economics. Only one paper will be read per candidate, it is incumbent on the candidate to select what they feel is the best example of their research. Candidates are encouraged to highlight any other research documents by attaching abstracts to their CV. The research document you submit will be a central topic of discussion during the first round interview.
First round interviews will take place at the Canadian Economics Employment Exchange being held December 2nd and 3rd at the Toronto Four Seasons. Additional information will be provided to candidates being interviewed. Alternative interview approaches such as phone interviews and video conferences may be considered for candidates not able to attend scheduled interviews. An interview date in Ottawa may also be considered.
By December, only the candidates, who meet the essential qualifications in our screening process, will be contacted by e-mail to schedule an interview time at the CEEE. Applicants who did not meet the required qualifications during the online application process will not be contacted.
The interviews provide candidates with the opportunity to discuss their qualifications with one or more hiring officials from Finance Canada. The focus of the interview process is to evaluate whether a candidate possesses the competencies necessary to work at Finance Canada as laid out in the Statement of Merit Criteria.
The interviews also offer you the opportunity to learn about the structure and the different areas of research undertaken by the Department.
To ensure consistency and fairness, all candidates will be offered the same set of general questions and will be evaluated using a common template. Follow up questions on the technical aspects of your research will obviously vary between candidates. The interview will take place in the official language of your choice.
Doctoral Stream candidates should be well prepared to present and discuss their research document and any relevant experiences. This should include the ability to relate their research to public policy issues.
All Candidates who received first round interviews will be contacted by December 20th indicating whether they are included in the partially assessed pool of candidates.
Selected Candidates will be invited to Ottawa for second round interviews in late December or early January. Additional information will be provided to candidates being interviewed. Travel expenses incurred during second round interviews will be reimbursed by the Department of Finance, except for Candidates travelling from overseas. Alternative interview approaches such as phone interviews may be considered for candidates not able to schedule a visit to Ottawa.
The scheduling of second round interviews will begin in late December and continue into January. It is also possible that additional candidates will be invited if a need is identified.
The second round interviews will include:
The focus of the second round interviews is to assess how well the Candidate fits in with the Divisions research agenda. The interviews also offer you the opportunity to learn about the structure and the different areas of research undertaken by the Department.
In 2010-11, 148 applicants submitted application of which 36 were screened in to be interviewed. Only 5 Candidates were invited to Ottawa for second round interviews.
This year, Finance Canada expects to hire up to 1 economist through the Doctoral stream.
Managers will begin to make offers of employment after conducting second round interviews. These offers are conditional on obtaining your secret security clearance. When a verbal offer has been accepted, the Department will begin to process the required paperwork.
You have flexibility when determining your actual start date, based on your availability and your new manager's operational requirements. While some recruits start right away, many choose to begin over the summer and in the early fall.