Financial Analyst Salary Canada

See table for salaries.

Average Financial and Investment Analyst’s Salary in Canada

The table below details the hourly wages for Financial and Investment Analysts.

The Canadian national occupation classification code (NOC) for this role is 1112.

Job titles and exact duties vary in this occupation and examples of some job titles are: financial analyst, investment analyst, CA (chartered accountant) and portfolio manager.

According to the latest figures, the highest hourly average (median) wages are earned in Calgary, Alberta at $46.15 per hour and the lowest average (median)wages are earned in Fredericton – New Brunswick at $27.40 per hour.

A typical full-time annual salary for this occupation is in the region of $60,000 – $80,000.

Government labour market indicators forecast that the number of job seekers will be enough to fill job vacancies in this profession for the near future.

Average Hourly (Median) Wages for Financial and Investment Analysts in Canada

Location Low Wage
$ per hr
Average Wage
$ per hr
High Wage
$ per hr
Year
Calgary – Alberta* 27.19 46.15 77.68 2019
Edmonton – Alberta* 26.15 37.81 53.74 2019
Vancouver Island & Coast – British Columbiaa 24.04 38.46 69.23 2018
Winnipeg – Manitoba 22.60 34.97 64.10 2018
Fredericton – New Brunswick 18.13 27.40 56.41 2018
Halifax – Nova Scotia 18.00 28.00 46.00 2018
Toronto – Ontario 21.85 33.00 52.75 2018
Ottawa – Ontario 17.00 34.37 55.90 2018
Hamilton / Niagara Peninsula – Ontario 18.00 36.06 49.74 2018
Kitchener / Waterloo / Barrie – Ontario 20.00 29.22 46.70 2018
Prince Edward Island 15.90 29.81 42.05 2018
Montreal – Quebec 23.59 31.25 46.15 2018
Saskatoon / Biggar – Saskatchewan 27.50 37.08 61.54 2018

Methodology*

Examples of duties include the following:
›› Analysing investment projects
›› Providing investment advice and recommendations to clients
›› Evaluating financial risk and preparing financial forecasts
Visa

Currently, this occupation is an eligible occupation for express entry immigration with the federal skilled worker permanent resident visa.

Comparison with employment group

The 2020 full-time average hourly wage rate for professional occupations in business and finance, which includes financial and investment analysts, is $39.57. The 2020 corresponding median weekly wage rate is $1,400, giving an approximate full-time annual salary for this employment group of $73,000.

Number In Employment

There are over 55,000 financial and investment analysts working in Canada.

These occupations may also be of interest:

Financial Auditors and Accountants
Insurance Adjusters and Claims Examiners
Insurance Underwriters
Mathematicians, Statisticians and Actuaries
Securities Agents, Investment Dealers and Brokers
Supervisors, Finance and Insurance Clerks

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