Average Business Development Executive Salary in Vaughan, Canada for 2026

In this article, we will look at the average Business Development Executive salary for 2026 in Vaughan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Canadian dollar. To keep things simple, we are using the CAD currency code instead of the currency symbol $.

How Much Does a Business Development Executive Make in Vaughan?

A Business Development Executive working in Vaughan will typically earn around 148,300 CAD per year, and this can range from the lowest average salary of about 76,000 CAD to the highest average salary of 225,500 CAD.

Average Annual Salary148,300 CAD
Average Monthly Salary12,358 CAD
Average Lowest Salary76,000 CAD
Lowest Monthly Salary6,333 CAD
Average Highest Salary225,500 CAD
Highest Monthly Salary18,791 CAD

These are average salaries for a Business Development Executive in Vaughan and include benefits such as housing and transport. It's also possible for a Business Development Executive to earn more or less than the average salaries shown above.

Business Development Executive salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Development Executive Salaries in Vaughan

So we've looked at the average salaries a Business Development Executive will earn in Vaughan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Development Executive can earn between 76,000 CAD and 225,500 CAD on average in Vaughan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Development Executive in Vaughan is 142,300 CAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 142,300 CAD, and 50% of the population earn more than 142,300 CAD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Development Executive salary in Vaughan, 25% of the population are earning less than 97,300 CAD while 75% of the population earn more than 97,300 CAD.

75% of the population earn less than 182,400 CAD, and 25% of the population earn more than 182,400 CAD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Development Executive Salary by Experience Level in Vaughan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Business Development Executive salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Development Executive in Vaughan that has less than two years of experience can expect to earn somewhere in the region of 85,500 CAD.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Executive salary would increase to 108,200 CAD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Executive, the average salary would be 152,900 CAD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 183,600 CAD.
  • 15 - 20 Years Experience. A Business Development Executive with 15 to 20 years of experience can earn an average of 200,600 CAD.
  • 20+ Years Experience. For a Business Development Executive with more than 20 years, the expected average salary increases to 215,100 CAD.

Average Salary by Experience Chart

0-2 Years-
85,500 CAD
2-5 Years+31%
108,200 CAD
5-10 Years+40%
152,900 CAD
10-15 Years+20%
183,600 CAD
15-20 Years+9%
200,600 CAD
20+ Years+8%
215,100 CAD

Business Development Executive Salary by Education Level in Vaughan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Development Executive in Vaughan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Development Executive in Vaughan with a high school education can earn an average salary of 100,700 CAD.
  • Certificate or Diploma. A Business Development Executive in Vaughan with a certificate or diploma education can earn an average salary of 114,300 CAD.
  • Bachelor's Degree. A Business Development Executive in Vaughan with a bachelor's degree education can earn an average salary of 164,100 CAD.
  • Master's Degree. A Business Development Executive in Vaughan with a master's degree education can earn an average salary of 210,600 CAD.

Average Salary by Education Chart

High School-
100,700 CAD
Certificate or Diploma+15%
114,300 CAD
Bachelor's Degree+41%
164,100 CAD
Master's Degree+29%
210,600 CAD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Canada is around 49,800 to 149,000 CAD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Development Executive Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Vaughan, a male business development executive will earn an average of 156,200 CAD, while a female business development executive will earn around 151,800 CAD.

This means that a male business development executive earns approximately 3% more than a female business development executive for performing the same job.

Average Salary by Gender Chart in Vaughan

Male-
156,200 CAD
Female-3%
151,800 CAD

Business Development Executive Average Pay Raise in Vaughan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Development Executive in Vaughan is around 14% every 14 months.

The national average pay raise across all professions and industries in Canada is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 14 ÷ 14 ) × 12  = 12%

What this means is that a Business Development Executive in Vaughan can expect to receive an average pay raise of around 12% every 12 months.

Annual Pay Raise by Industry in Vaughan for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Canada.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
2%
Energy-
4%
Information Technology-
6%
Healthcare-
8%
Travel-
1%
Construction-
3%
Education-
5%

Business Development Executive Bonus and Incentive Rates in Vaughan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Development Executive is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus-
79%
No Bonus-
21%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Canada earn approximately 6% more than private sector employees in the same role.

Public Sector-
123,000 CAD
Private Sector-6%
115,600 CAD

Salaries for Jobs Similar to a Business Development Executive

In the table below, we have salary information for jobs that are similar to a Business Development Executive in Vaughan.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning166,600 CAD
Assistant Merchandise PlannerBusiness Planning95,300 CAD
Business AdvisorBusiness Planning151,800 CAD
Business AnalystBusiness Planning152,700 CAD
Business ConsultantBusiness Planning142,100 CAD
Business Continuity AssociateBusiness Planning88,500 CAD
Business DeveloperBusiness Planning99,100 CAD
Business Development AnalystBusiness Planning107,700 CAD
Business Development AssociateBusiness Planning76,000 CAD
Business Development CoordinatorBusiness Planning87,300 CAD
Business Development DirectorBusiness Planning216,300 CAD
Business Development EngineerBusiness Planning114,600 CAD
Business Development ManagerBusiness Planning190,400 CAD
Business Development SpecialistBusiness Planning142,300 CAD
Business ManagerBusiness Planning163,800 CAD
Business Operations SpecialistBusiness Planning141,000 CAD
Business Process WriterBusiness Planning87,500 CAD
Business Systems AnalystBusiness Planning151,800 CAD
Capacity PlannerBusiness Planning109,700 CAD
Capacity Planning SupervisorBusiness Planning138,700 CAD
Change Communications AnalystBusiness Planning132,000 CAD
Change Control AnalystBusiness Planning142,100 CAD
Change Impact AnalystBusiness Planning146,900 CAD
Contracts ExecutiveBusiness Planning146,700 CAD
Corporate Strategy AnalystBusiness Planning156,200 CAD
Cost Control EngineerBusiness Planning95,100 CAD
Cost ControllerBusiness Planning108,200 CAD
Cost EstimatorBusiness Planning95,100 CAD
Data ExecutiveBusiness Planning80,900 CAD
Data ManagerBusiness Planning111,700 CAD
Data Processing ManagerBusiness Planning130,400 CAD
Development ResearcherBusiness Planning111,700 CAD
Director of Business DevelopmentBusiness Planning216,300 CAD
Director of Production PlanningBusiness Planning184,700 CAD
Due Diligence AnalystBusiness Planning163,800 CAD
Estimating ManagerBusiness Planning164,100 CAD
General ManagerBusiness Planning180,500 CAD
Incident HandlerBusiness Planning99,900 CAD
Incident SpecialistBusiness Planning128,200 CAD
Lean ConsultantBusiness Planning115,600 CAD
ManagerBusiness Planning205,700 CAD
Marketing and Business Development ManagerBusiness Planning183,900 CAD
Materials PlannerBusiness Planning61,700 CAD
Merchandise AssistantBusiness Planning64,800 CAD
Merchandise ControllerBusiness Planning60,100 CAD
Merchandise PlannerBusiness Planning63,200 CAD
Operations AnalystBusiness Planning140,700 CAD
Operations ManagerBusiness Planning150,100 CAD
Operations Research AnalystBusiness Planning93,900 CAD
Planning DirectorBusiness Planning200,600 CAD
Planning and Reporting ManagerBusiness Planning161,300 CAD
Project AdministratorBusiness Planning94,000 CAD
Project ManagerBusiness Planning146,900 CAD
Project PlannerBusiness Planning95,300 CAD
Research AssistantBusiness Planning83,000 CAD
Research EngineerBusiness Planning95,100 CAD
Research OfficerBusiness Planning71,400 CAD
Risk Management SpecialistBusiness Planning139,100 CAD
Scholarship CoordinatorBusiness Planning73,100 CAD
Store PlannerBusiness Planning76,000 CAD
Strategy DirectorBusiness Planning199,700 CAD
Top Research and Development ExecutiveBusiness Planning222,300 CAD

Salary Comparison by City

If you want to compare salaries with different cities in Canada, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Brampton152,900 CAD
Calgary171,300 CAD
Edmonton152,700 CAD
Gatineau146,900 CAD
Halifax142,300 CAD
Hamilton152,700 CAD
Kitchener152,900 CAD
Markham150,100 CAD
Mississauga158,900 CAD
Montreal172,300 CAD
Ottawa158,900 CAD
Quebec160,600 CAD
Regina137,100 CAD
Richmond138,700 CAD
Saskatoon138,700 CAD
Surrey151,800 CAD
Toronto163,800 CAD
Vancouver164,100 CAD
Windsor147,900 CAD
Winnipeg163,500 CAD

Salary Comparison by State

The table below includes links to the average salary for each state in Canada.

StateAverage Salary
Alberta164,100 CAD
British Columbia163,800 CAD
Manitoba157,600 CAD
New Brunswick148,300 CAD
Newfoundland-Labrador142,300 CAD
Northwest Territories160,600 CAD
Nova Scotia153,800 CAD
Nunavut167,100 CAD
Ontario183,900 CAD
Prince Edward Island142,100 CAD
Quebec164,100 CAD
Saskatchewan142,300 CAD
Yukon130,400 CAD

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