Stock Broker Salary Canada

See table for salaries.

Average Securities Agents, Investment Dealers and Stock Broker’s Salary in Canada

The table below details the hourly wages for Securities Agents, Investment Dealers and Brokers.

The Canadian national occupation classification code (NOC) for this role is 1113.

Job titles and exact duties vary in this occupation and examples of some job titles are: securities trader, stock broker, investment dealer and foreign exchange dealer.

According to the latest figures, the highest hourly average (median) wages are earned in Manitoba at $37.28 per hour and the lowest average (median) wages are earned in Montreal, Quebec at $27.00 per hour.

A typical full-time annual salary for this occupation is in the region of $55,000 – $75,000.

Government data indicates that there will be enough job seekers for this profession for the near future.

Average Hourly (Median) Wages for Securities Agents, Investment Dealers and Brokers in Canada

Location Low Wage
$ per hr
Average Wage
$ per hr
High Wage
$ per hr
Year
Calgary – Alberta*(1) 20.99 31.70 96.15 2019
Edmonton – Alberta*(1) 20.99 31.70 96.15 2019
Vancouver / Lower Mainland Southwest – British Columbia(3) 19.20 29.67 62.56 2018
Winnipeg – Manitoba(1) 21.63 37.28 60.10 2018
Fredericton / Oromocto – New Brunswick(3) 19.20 29.67 62.56 2018
Halifax – Nova Scotia(3) 19.20 29.67 62.56 2018
Toronto – Ontario 20.00 29.74 72.12 2018
Ottawa – Ontario(1) 19.23 30.00 62.56 2018
Windsor / Sarnia – Ontario(1) 19.23 30.00 62.56 2018
Hamilton / Niagara Peninsula – Ontario(1) 19.23 30.00 62.56 2018
Prince Edward Island(3) 19.20 29.67 62.56 2018
Montreal – Quebec 18.00 27.00 36.15 2018
Saskatoon / Biggar – Saskatchewan(1) 25.02 35.18 52.88 2018

Methodology

Examples of duties include the following:
›› Buying and selling shares for clients
›› Advising clients about potential investments
›› Preparing reviews of portfolios’ positions
›› Interpreting financial reports and investment information
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 securities agents, investment dealers and stock brokers, 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 130,000 securities agents, investment dealers and stock brokers working in Canada.

These occupations may also be of interest:

Financial Auditors and Accountants
Financial and Investment Analysts

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