Pros
Good technology if you like big projects. Can be quite challenging at times. The work environment is great. CAE can be a good learning ground for someone without much work experience. I would recommend it to anyone wanting to work into a large company for the first time. Most departments will pay overtime which is quite good as some companies won't allow you do to overtime at all. The work schedule is quite flexible. You have to be there between 9h30 and 3h30. Otherwise, the schedule is up to you. CAE is a great place for interns, which is how I got into the company.
Cons
Short term management techniques encourages bad choices for the long run. It is very unclear to the developers why some decisions are made impacting their job. The technology is getting a bit dated and no plans are made to refresh it. Most of the developpers aren't aware of the recent developments in the industry which makes innovation almost innexistant. The location of the building isn't conveniant if you don't own a car. Getting there via public transportation is quite painfull unless you live next to the 40 as you can only get there on bus. The traffic to get there on car is quite frustrating too.