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Average Treasury Officer Salary in Canada for 2026

A treasury officer in Canada earns about 115,600 CAD a year. That's 3% roughly in line with 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 52,300 CAD a year, while the very top stretches to 185,900 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 treasury officer make in Canada?

Average salary
115,600 CAD
9,633 CAD per month
Lowest reported
52,300 CAD
4,358 CAD per month
Highest reported
185,900 CAD
15,491 CAD per month

A typical treasury officer working in Canada brings home around 9,633 CAD a month before tax. Entry-level pay starts near 52,300 CAD, and the top of the ladder reaches roughly 185,900 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 treasury officer 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 treasury officer 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 treasury officers in Canada earn less than 128,200 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 80,300 CAD (the 25th percentile), and a quarter clear 168,700 CAD (the 75th percentile). The middle 50% of treasury officers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 52,300 CAD. The highest stretch to 185,900 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.

52,300
Low
128,200
Median
185,900
High
80,300
25th
168,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CAD

Treasury officer pay by experience in Canada

Years of experience is the single biggest lever on pay for a treasury officer 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 treasury officer salary changes as you move through the career ladder.

  • 0-2 Years
    59,900 CAD
  • 2-5 Years
    +34% from previous
    80,500 CAD
  • 5-10 Years
    +51% from previous
    121,800 CAD
  • 10-15 Years
    +22% from previous
    148,300 CAD
  • 15-20 Years
    +8% from previous
    160,600 CAD
  • 20+ Years
    +7% from previous
    172,200 CAD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 51%. That is the point at which a treasury officer 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.


Treasury officer pay by education in Canada

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

  • High School
    70,900 CAD
  • Certificate or Diploma
    +53% from previous
    108,200 CAD
  • Bachelor's Degree
    +70% from previous
    183,600 CAD

Treasury officer gender pay gap in Canada

The gender pay gap is a stubborn feature of almost every labour market, and Canada is no exception. Male treasury officers in Canada earn an average of 119,700 CAD a year, while female treasury officers earn around 114,900 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.

Treasury Officer gender pay gap

4%

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

Men 119,700 CAD
Women 114,900 CAD

Pay raises for a treasury officer 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 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

Treasury officer 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 treasury officers in Canada reported a bonus of some kind in the past twelve months. That makes a treasury officer 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 treasury officers 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

Treasury officer: 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

Treasury officer salary by city and region in Canada

Treasury officer 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)
  • Calgary
  • Toronto
  • Alberta
  • Vancouver
  • Montreal
  • Nunavut
  • Manitoba
  • Winnipeg
LocationTypeAverageMedianRange
OntarioRegion139,100 CAD150,100 CAD62,600-218,700 CAD
Quebec (region)Region139,100 CAD150,100 CAD63,900-218,700 CAD
CalgaryCity138,700 CAD146,900 CAD64,300-216,600 CAD
TorontoCity138,700 CAD146,900 CAD64,300-216,600 CAD
AlbertaRegion137,100 CAD148,300 CAD63,700-215,100 CAD
VancouverCity137,100 CAD148,300 CAD63,700-215,100 CAD
MontrealCity134,700 CAD147,900 CAD63,000-216,300 CAD
NunavutRegion134,100 CAD142,300 CAD61,600-211,200 CAD
ManitobaRegion130,500 CAD140,700 CAD60,900-205,400 CAD
WinnipegCity130,500 CAD142,100 CAD62,100-206,300 CAD
BramptonCity130,500 CAD140,700 CAD60,900-205,400 CAD
MississaugaCity130,400 CAD140,200 CAD58,800-210,600 CAD
British ColumbiaRegion128,400 CAD142,100 CAD61,400-206,700 CAD
EdmontonCity128,400 CAD142,100 CAD61,400-206,700 CAD
Northwest TerritoriesRegion128,200 CAD138,700 CAD58,200-199,700 CAD
OttawaCity127,700 CAD137,100 CAD58,700-200,600 CAD
HamiltonCity124,500 CAD132,000 CAD57,100-193,200 CAD
KitchenerCity123,800 CAD134,700 CAD56,400-199,700 CAD
Quebec (city)City121,800 CAD130,500 CAD54,200-191,100 CAD
VaughanCity118,900 CAD130,500 CAD55,700-187,500 CAD
SurreyCity118,900 CAD130,500 CAD56,100-191,500 CAD
HalifaxCity117,100 CAD128,200 CAD55,600-185,900 CAD
New BrunswickRegion116,400 CAD125,400 CAD51,100-184,700 CAD
MarkhamCity116,400 CAD125,400 CAD51,800-183,900 CAD
SaskatchewanRegion116,400 CAD123,800 CAD53,300-183,600 CAD
ReginaCity115,600 CAD128,200 CAD52,300-185,900 CAD
Nova ScotiaRegion114,900 CAD124,500 CAD51,900-183,900 CAD
Prince Edward IslandRegion114,600 CAD123,000 CAD51,300-177,200 CAD
WindsorCity114,600 CAD123,000 CAD51,400-180,500 CAD
GatineauCity114,600 CAD123,000 CAD50,100-177,200 CAD
SaskatoonCity112,700 CAD121,800 CAD52,000-177,100 CAD
YukonRegion112,700 CAD121,800 CAD53,300-177,200 CAD
Newfoundland-LabradorRegion109,000 CAD114,300 CAD49,200-171,300 CAD
RichmondCity108,200 CAD118,900 CAD52,300-176,300 CAD


Treasury Officer in Canada: FAQs

  • How much does a treasury officer make per month in Canada?

    A treasury officer in Canada earns about 9,633 CAD a month before tax, based on an annual average of 115,600 CAD.

  • What's the salary range for a treasury officer in Canada?

    Entry-level treasury officers in Canada start near 52,300 CAD. Top-end pay reaches around 185,900 CAD. The middle 50% of earners sit between 80,300 and 168,700 CAD.

  • Is the median treasury officer salary in Canada higher or lower than the average?

    The median is 128,200 CAD, higher than the average of 115,600 CAD. Half of treasury officers in Canada earn below the median, half earn above it.

  • What's the gender pay gap for treasury officers in Canada?

    Men working as a treasury officer in Canada earn around 4% more than women on average (119,700 vs 114,900 CAD a year).

  • Do treasury officers in Canada get bonuses?

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

  • Do treasury officers earn more in the public or private sector in Canada?

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

  • How often do treasury officers in Canada get a pay raise?

    A treasury officer in Canada sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.