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Average Investment Analyst Salary in Canada for 2026

An investment analyst in Canada earns about 172,100 CAD a year. That's 44% above 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 79,800 CAD a year, while the very top stretches to 274,000 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 an investment analyst make in Canada?

Average salary
172,100 CAD
14,341 CAD per month
Lowest reported
79,800 CAD
6,650 CAD per month
Highest reported
274,000 CAD
22,833 CAD per month

A typical investment analyst working in Canada brings home around 14,341 CAD a month before tax. Entry-level pay starts near 79,800 CAD, and the top of the ladder reaches roughly 274,000 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 investment analyst 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 investment analyst 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 investment analysts in Canada earn less than 184,700 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 118,900 CAD (the 25th percentile), and a quarter clear 241,000 CAD (the 75th percentile). The middle 50% of investment analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 79,800 CAD. The highest stretch to 274,000 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.

79,800
Low
184,700
Median
274,000
High
118,900
25th
241,000
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CAD

Investment analyst pay by experience in Canada

Years of experience is the single biggest lever on pay for an investment analyst 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 investment analyst salary changes as you move through the career ladder.

  • 0-2 Years
    92,200 CAD
  • 2-5 Years
    +42% from previous
    130,500 CAD
  • 5-10 Years
    +41% from previous
    183,600 CAD
  • 10-15 Years
    +22% from previous
    223,700 CAD
  • 15-20 Years
    +5% from previous
    235,300 CAD
  • 20+ Years
    +10% from previous
    257,700 CAD

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 42%. That is the point at which a investment analyst 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.


Investment analyst pay by education in Canada

Education sits alongside experience as one of the biggest factors driving investment analyst 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 investment analyst salary in Canada broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    112,700 CAD
  • Bachelor's Degree
    +55% from previous
    175,100 CAD
  • Master's Degree
    +41% from previous
    246,200 CAD

Investment analyst gender pay gap in Canada

The gender pay gap is a stubborn feature of almost every labour market, and Canada is no exception. Male investment analysts in Canada earn an average of 175,100 CAD a year, while female investment analysts earn around 168,700 CAD. That works out to a 4% 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.

Investment Analyst gender pay gap

4%

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

Men 175,100 CAD
Women 168,700 CAD

Pay raises for an investment analyst 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 13% every 15 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

Investment analyst 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.

61%

61% of investment analysts in Canada reported a bonus of some kind in the past twelve months. That makes an investment analyst 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 2% to 7% of base salary. The remaining 39% of investment analysts 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

Investment analyst: 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

Investment analyst salary by city and region in Canada

Investment analyst 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
  • Quebec (region)
  • British Columbia
  • Toronto
  • Edmonton
  • Montreal
  • Nunavut
  • Alberta
  • Vancouver
  • Northwest Territories
LocationTypeAverageMedianRange
OntarioRegion200,600 CAD205,700 CAD97,400-311,700 CAD
Quebec (region)Region192,600 CAD192,600 CAD95,200-296,500 CAD
British ColumbiaRegion190,400 CAD175,200 CAD102,700-286,400 CAD
TorontoCity187,500 CAD184,700 CAD95,500-286,100 CAD
EdmontonCity183,900 CAD187,500 CAD88,300-286,700 CAD
MontrealCity177,200 CAD187,500 CAD83,900-281,100 CAD
NunavutRegion177,200 CAD167,100 CAD93,600-272,500 CAD
AlbertaRegion175,200 CAD175,200 CAD89,800-272,900 CAD
VancouverCity175,200 CAD183,600 CAD83,000-276,200 CAD
Northwest TerritoriesRegion175,200 CAD168,700 CAD92,200-267,900 CAD
WinnipegCity175,200 CAD191,500 CAD81,000-280,600 CAD
CalgaryCity175,100 CAD169,700 CAD92,900-271,300 CAD
MississaugaCity172,300 CAD163,800 CAD91,000-263,900 CAD
Quebec (city)City172,200 CAD163,500 CAD92,100-263,900 CAD
HamiltonCity172,200 CAD182,400 CAD83,000-274,000 CAD
ManitobaRegion172,200 CAD175,100 CAD83,300-272,800 CAD
MarkhamCity169,700 CAD157,600 CAD91,600-255,000 CAD
SurreyCity167,100 CAD158,900 CAD90,000-255,000 CAD
OttawaCity166,600 CAD175,100 CAD77,100-263,900 CAD
HalifaxCity165,900 CAD165,900 CAD83,800-257,700 CAD
BramptonCity161,300 CAD153,800 CAD85,500-246,200 CAD
WindsorCity160,600 CAD172,200 CAD72,400-255,000 CAD
SaskatchewanRegion158,900 CAD171,300 CAD73,500-250,600 CAD
KitchenerCity158,900 CAD153,700 CAD80,400-241,800 CAD
Nova ScotiaRegion157,600 CAD161,300 CAD76,000-243,000 CAD
VaughanCity156,200 CAD156,200 CAD79,700-241,800 CAD
GatineauCity153,700 CAD142,300 CAD81,900-233,600 CAD
Newfoundland-LabradorRegion152,900 CAD161,300 CAD73,100-241,200 CAD
ReginaCity152,700 CAD156,200 CAD77,000-239,000 CAD
YukonRegion151,800 CAD146,900 CAD75,800-232,500 CAD
RichmondCity151,800 CAD139,100 CAD80,000-225,500 CAD
New BrunswickRegion151,800 CAD148,300 CAD76,800-229,600 CAD
SaskatoonCity150,100 CAD141,000 CAD78,400-226,100 CAD
Prince Edward IslandRegion146,700 CAD134,100 CAD79,800-218,700 CAD


Investment Analyst in Canada: FAQs

  • How much does an investment analyst make per month in Canada?

    An investment analyst in Canada earns about 14,341 CAD a month before tax, based on an annual average of 172,100 CAD.

  • What's the salary range for an investment analyst in Canada?

    Entry-level investment analysts in Canada start near 79,800 CAD. Top-end pay reaches around 274,000 CAD. The middle 50% of earners sit between 118,900 and 241,000 CAD.

  • Is the median investment analyst salary in Canada higher or lower than the average?

    The median is 184,700 CAD, higher than the average of 172,100 CAD. Half of investment analysts in Canada earn below the median, half earn above it.

  • What's the gender pay gap for investment analysts in Canada?

    Men working as an investment analyst in Canada earn around 4% more than women on average (175,100 vs 168,700 CAD a year).

  • Do investment analysts in Canada get bonuses?

    About 61% of investment analysts in Canada reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do investment analysts earn more in the public or private sector in Canada?

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

  • How often do investment analysts in Canada get a pay raise?

    An investment analyst in Canada sees a raise of around 13% every 15 months, equivalent to roughly 10% a year.