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Average Fund Accountant Salary in Canada for 2026

A fund accountant in Canada earns about 78,500 CAD a year. That's 34% below the national average of 119,700 CAD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Canada sit around 40,000 CAD a year, while the very top stretches to 118,900 CAD. Everything on this page is in Canadian dollar (CAD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Canada, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in Canada into a take-home figure, use our Canada salary after tax calculator, which works the latest tax brackets and contributions through the math for you.


How much does a fund accountant make in Canada?

Average salary
78,500 CAD
6,541 CAD per month
Lowest reported
40,000 CAD
3,333 CAD per month
Highest reported
118,900 CAD
9,908 CAD per month

A typical fund accountant working in Canada brings home around 6,541 CAD a month before tax. Entry-level pay starts near 40,000 CAD, and the top of the ladder reaches roughly 118,900 CAD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior fund accountant working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How fund accountant pay ranges in Canada

A good way to think about salary in Canada is to look at the distribution rather than the headline average. Half of all fund accountants in Canada earn less than 74,700 CAD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 51,300 CAD (the 25th percentile), and a quarter clear 94,000 CAD (the 75th percentile). The middle 50% of fund accountants sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 40,000 CAD. The highest stretch to 118,900 CAD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

40,000
Low
74,700
Median
118,900
High
51,300
25th
94,000
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CAD

Fund accountant pay by experience in Canada

Years of experience is the single biggest lever on pay for a fund accountant in Canada, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical fund accountant salary changes as you move through the career ladder.

  • 0-2 Years
    42,700 CAD
  • 2-5 Years
    +33% from previous
    56,900 CAD
  • 5-10 Years
    +40% from previous
    79,500 CAD
  • 10-15 Years
    +21% from previous
    95,900 CAD
  • 15-20 Years
    +12% from previous
    107,300 CAD
  • 20+ Years
    +7% from previous
    114,900 CAD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a fund accountant typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Fund accountant pay by education in Canada

Education sits alongside experience as one of the biggest factors driving fund accountant pay in Canada. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average fund accountant salary in Canada broken down by the highest level of education a worker has completed.

  • High School
    53,300 CAD
  • Certificate or Diploma
    +17% from previous
    62,600 CAD
  • Bachelor's Degree
    +34% from previous
    83,900 CAD
  • Master's Degree
    +29% from previous
    108,200 CAD

Fund accountant gender pay gap in Canada

The gender pay gap is a stubborn feature of almost every labour market, and Canada is no exception. Male fund accountants in Canada earn an average of 78,500 CAD a year, while female fund accountants earn around 77,300 CAD. That works out to a 2% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Fund Accountant gender pay gap

2%

Men earn this much more than women on average in Canada.

Men 78,500 CAD
Women 77,300 CAD

Pay raises for a fund accountant in Canada

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Canada sees a raise of about 12% every 14 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Canada, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in Canada:

  • Banking
    2%
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    1%
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Fund accountant bonus rates in Canada

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

55%

55% of fund accountants in Canada reported a bonus of some kind in the past twelve months. That makes a fund accountant a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 45% of fund accountants reported no bonus at all over the same period.

Which careers pay bonuses in Canada

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Fund accountant: public vs private sector pay

Public-sector pay in Canada is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in Canada on average.

Public sector 123,000 CAD
Private sector 115,600 CAD

Fund accountant salary by city and region in Canada

Fund accountant pay is not even across Canada. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Ontario
  • Montreal
  • Calgary
  • Toronto
  • Quebec (region)
  • Alberta
  • Vancouver
  • Ottawa
  • Winnipeg
  • British Columbia
LocationTypeAverageMedianRange
OntarioRegion93,100 CAD90,600 CAD48,600-142,100 CAD
MontrealCity92,900 CAD95,900 CAD44,800-146,700 CAD
CalgaryCity90,900 CAD92,900 CAD45,000-141,000 CAD
TorontoCity90,600 CAD83,200 CAD47,800-134,700 CAD
Quebec (region)Region90,000 CAD92,100 CAD42,800-140,700 CAD
AlbertaRegion89,800 CAD91,600 CAD41,500-139,100 CAD
VancouverCity89,800 CAD93,800 CAD42,400-140,700 CAD
OttawaCity88,400 CAD87,700 CAD44,700-134,700 CAD
WinnipegCity86,800 CAD93,100 CAD39,800-137,100 CAD
British ColumbiaRegion86,600 CAD86,600 CAD45,100-134,100 CAD
ManitobaRegion86,100 CAD84,500 CAD46,300-132,000 CAD
NunavutRegion83,400 CAD76,600 CAD45,600-123,800 CAD
BramptonCity83,100 CAD76,800 CAD45,400-127,600 CAD
EdmontonCity83,000 CAD90,600 CAD40,900-130,400 CAD
SurreyCity81,900 CAD75,800 CAD46,300-128,200 CAD
HamiltonCity81,700 CAD88,300 CAD37,900-128,400 CAD
MississaugaCity81,600 CAD84,900 CAD41,300-128,200 CAD
KitchenerCity81,600 CAD75,100 CAD45,100-125,400 CAD
Quebec (city)City81,000 CAD75,000 CAD44,300-123,000 CAD
MarkhamCity80,700 CAD80,700 CAD41,300-125,400 CAD
Northwest TerritoriesRegion80,500 CAD83,200 CAD41,100-127,600 CAD
SaskatchewanRegion79,800 CAD86,100 CAD35,400-127,600 CAD
HalifaxCity79,600 CAD84,600 CAD39,400-123,800 CAD
Nova ScotiaRegion78,700 CAD83,000 CAD38,100-127,700 CAD
New BrunswickRegion78,500 CAD73,500 CAD39,800-117,100 CAD
WindsorCity77,300 CAD82,200 CAD33,000-119,700 CAD
SaskatoonCity77,000 CAD70,800 CAD42,000-114,900 CAD
ReginaCity76,900 CAD72,400 CAD41,100-117,100 CAD
YukonRegion76,000 CAD73,100 CAD39,500-114,300 CAD
RichmondCity75,000 CAD75,000 CAD36,800-116,400 CAD
Prince Edward IslandRegion73,500 CAD73,500 CAD35,400-116,400 CAD
VaughanCity73,300 CAD76,800 CAD34,300-116,400 CAD
GatineauCity69,800 CAD69,800 CAD36,500-111,700 CAD
Newfoundland-LabradorRegion69,700 CAD67,800 CAD35,600-109,700 CAD


Fund Accountant in Canada: FAQs

  • How much does a fund accountant make per month in Canada?

    A fund accountant in Canada earns about 6,541 CAD a month before tax, based on an annual average of 78,500 CAD.

  • What's the salary range for a fund accountant in Canada?

    Entry-level fund accountants in Canada start near 40,000 CAD. Top-end pay reaches around 118,900 CAD. The middle 50% of earners sit between 51,300 and 94,000 CAD.

  • Is the median fund accountant salary in Canada higher or lower than the average?

    The median is 74,700 CAD, lower than the average of 78,500 CAD. Half of fund accountants in Canada earn below the median, half earn above it.

  • What's the gender pay gap for fund accountants in Canada?

    Men working as a fund accountant in Canada earn around 2% more than women on average (78,500 vs 77,300 CAD a year).

  • Do fund accountants in Canada get bonuses?

    About 55% of fund accountants in Canada reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do fund accountants earn more in the public or private sector in Canada?

    In Canada, the public sector pays a fund accountant about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do fund accountants in Canada get a pay raise?

    A fund accountant in Canada sees a raise of around 12% every 14 months, equivalent to roughly 10% a year.