Financial managers salary in Canada
$117,532CAD/YR
Financial managers in Canada earn a median of $117,532 a year, about $59.48 an hour.
SOURCE·Employment and Social Development Canada — Job Bank wage data·Open Government Licence – Canada·REVIEWED 2025
What $117,532 is actually worth
Move this wage out of Canada and it converts to $83,327. Spend it where it was earned and it buys what $93,244 buys in the United States. Those are two answers to two different questions, and the distance between them is the thing worth reading — here it is a factor of 1.12.
At the exchange rate At local prices The disagreement
The hollow marker is the exchange-rate reading: what the money is worth if it leaves. The solid marker is the purchasing-power reading: what it is worth if it stays. The hatched span between them is the disagreement, and it is what every single-country salary site leaves out.
SOURCE·European Central Bank reference rates (via Frankfurter) and World Bank PPP conversion factor PA.NUS.PRVT.PP·FX 2026-07-29·REVIEWED PPP 2025
How Canada arrived at this figure, and what it is not
- Employment and Social Development Canada publishes Job Bank wage data for the reference period 2025. We take the occupation row as released and change nothing in it.
- 2021 Census wage distributions by NOC and economic region
- Where the agency publishes a distribution we carry the whole distribution, because a single average throws away the part of the answer people are actually asking about.
- The wage is then read twice: converted at the European Central Bank reference rate for 2026-07-29, and divided by the World Bank purchasing-power conversion factor for CAN. Both readings are printed; neither is presented as the answer.
- Countries measure pay differently. A tax return, an employer payroll survey, a PAYE sample and a household survey are four different instruments, and gaps of a few per cent between countries are the instruments, not the wages.
converted = CAD 117,532 / FX(CAD->USD) adjusted = CAD 117,532 / PPP(CAN) disagreement = adjusted / converted
Where it pays more in Canada
Median pay for this occupation by area, highest-employing first.
| Area | Median | vs national |
|---|---|---|
| Nunavut | $150,176 | +28% |
| Northwest Territories | $136,087 | +16% |
| Northwest | $131,938 | +12% |
| Montréal | $125,397 | +7% |
| Ottawa | $124,863 | +6% |
| Alberta | $123,480 | +5% |
| Toronto | $123,243 | +5% |
| Bas-Saint-Laurent | $121,603 | +3% |
| Ontario | $121,603 | +3% |
| Yukon Territory | $121,603 | +3% |
| Calgary | $120,990 | +3% |
| North Coast | $120,655 | +3% |
| Regina--Moose Mountain | $119,548 | +2% |
| Capitale-Nationale | $118,758 | +1% |
| Edmonton | $118,758 | +1% |
| Quebec | $118,560 | +1% |
| Laval | $118,224 | +1% |
| Kitchener--Waterloo--Barrie | $117,552 | +0% |
| Montérégie | $117,118 | -0% |
| Swift Current--Moose Jaw | $116,505 | -1% |
| Outaouais | $116,268 | -1% |
| Stratford--Bruce Peninsula | $115,616 | -2% |
| Vancouver Island and Coast | $114,786 | -2% |
| Cariboo | $114,470 | -3% |
| Hamilton--Niagara Peninsula | $114,015 | -3% |
Regional figures come from the same release as the national one. Where an area is missing, the source suppressed it for sample-size reasons rather than reporting an unreliable estimate.
Every figure this page rests on
| Reading | CAD | What it is |
|---|---|---|
| Median | $117,532 | The middle earner |
| Mean | $124,686 | Pulled up by top earners |
| 25th percentile | $95,006 | — |
| 75th percentile | $143,556 | — |
| Hourly | $59.48 | Median at 38 hrs/week |
Employment and Social Development Canada · 2025
SOURCE·Employment and Social Development Canada — Job Bank wage data·Open Government Licence – Canada·REVIEWED 2025
What people ask next
- How much do financial managers earn in Canada?
- The median is $117,532 a year, about $59.48 an hour, according to Employment and Social Development Canada, Job Bank wage data 2025.
- Is that figure before or after tax?
- Before. Every figure on this page is gross pay as the statistics agency published it — income tax, social contributions and any deductions come off afterwards, and they differ enough between countries that we do not model them.
- Why is the US-dollar figure different depending on where I read it?
- Because there are two of them. $117,532 converts to $83,327 at the exchange rate on 2026-07-29, and buys what $93,244 buys in the United States once Canada's price level is accounted for. The first answers "what could I wire abroad", the second answers "how well does someone live on this".
Related occupations in Canada
- Advertising, marketing and public relations managers $109,253
- Banking, credit and other investment managers $112,909
- Human resources managers $113,995
- Insurance, real estate and financial brokerage managers $117,038
- Other administrative services managers $98,800
- Other business services managers $97,278
- Purchasing managers $110,873
- Telecommunication carriers managers $98,286
