Financial Manager salary in Canada

Gross annual earnings — 2022 · Americas · Source: ILO / Life Indexed estimate

Average salary CAD 95,700 per year (2022)
Minimum CAD 62,200 per year
Maximum CAD 138,800 per year
Monthly (est.) CAD 7,975 per month
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Financial Manager salary in Canada over time

Financial Manager salary — Americas comparison

How Canada compares to other Americas countries

Country Average salary (2022) vs Canada
Canada CAD 95,700/yr
Colombia COP 91,576,800/yr local currency
Chile CLP 33,037,200/yr local currency
Argentina ARS 20,170,100/yr local currency
Uruguay UYU 1,453,100/yr local currency
Mexico MXN 541,200/yr local currency
Brazil BRL 173,900/yr local currency
Peru PEN 100,700/yr local currency
United States USD 82,800/yr local currency

Financial Manager salary worldwide

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Frequently asked questions about Financial Manager salaries in Canada

What is the average Financial Manager salary in Canada in 2022?

The average financial manager salary in Canada in 2022 is CAD 95,700 per year (CAD 7,975 per month, or CAD 1,840 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Financial Manager in Canada?

Financial Managers in Canada earn between CAD 62,200 and CAD 138,800 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Financial Manager earn per month in Canada?

A financial manager in Canada earns approximately CAD 7,975 per month (gross) in 2022, based on an annual average of CAD 95,700. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Canada.

What is the entry-level Financial Manager salary in Canada?

Entry-level financial managers in Canada typically earn between CAD 62,200 and CAD 81,300 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Financial Manager salary in Canada increasing?

Yes. Based on available data, Financial Manager salaries in Canada have grown by approximately 17% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is CAD 95,700 a good salary for a Financial Manager in Canada?

Whether CAD 95,700 per year is a good financial manager salary in Canada depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Financial Manager salary in Canada compare to other Americas countries?

Canada's financial manager salary of CAD 95,700/yr (among comparable economies) is higher than 1 country and lower than 7 countries in the Americas region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.