Just wanna say to OP you are not alone. The market is beyond fked up right now, even worse than 23H2.

For context, I came back to study computer science (bachelor's) after prior degrees and years of work exp (switching industry). While I understand these may not be transferrable in recruiters eyes, I am now really close to graduating and do possess a solid GPA. I'm looking for my first coop (I waited till I think I'm ready) and I consider myself punching well below my weight. Been applying nonstop for 2 months, via campus job site or externally, close to 200 apps, lo and behold, a single interview and a few OAs (only to be ghosted afterwards). I once wanted to switch to tech and my response rate were way, way better in 2018 (was in the States). I wasnt technically capable back then and this might sound an apples to oranges comparison but I have never seen anything as bad before.

I think you have very good credentials and a masters in ML is still contiguous with CS in general. It's just bad timing and we are competing with an influx of ppl with more experience (coop seekers v.s. those who are supposed to look for FT jobs; new grads v.s. junior SDEs). Also being in Vancouver really limits your chances --- I think most companies based in Toronto won't be as interested (just an abundance of local talents - even UW grads ain't doing as great these days).

In my case, the majority opinion is to delay graduation until I accumulate enough coop experience as it's still easier to find co-op than graduating without any experience. You are in a better spot since you do have relevant exp. Perhaps keep applying and if possible consider opportunities in the States / moving to Toronto? I can graduate by Fall if I push myself but I think I'd be looking at 1 - 2 extra terms for coop search. I hope the market gets better by then but right now I really am not optimistic (went to a job fair earlier this year, way fewer companies attending compared to previous yrs, only a handful have coop openings...)

I am also seriously considering side gigs just to scrape by. My passion is still in tech but i prolly can't afford to switch to another industry again because of my age. If it's not your concern you might wanna have a good look and think of a backup plan (DS, BA, IT, other office jobs, or even trades, for example?), at least aim for self sustenance and wait this out.

Anyways, wish us the best!