Financial Analyst Salaries in Canada

The average salary for a Financial Analyst is $77,818 per year in Canada. Salaries estimates are based on 5210 salaries submitted anonymously to Glassdoor by a Financial Analyst employees in Canada.

The highest salary for a Financial Analyst in Canada is $94,972 per year.

The lowest salary for a Financial Analyst in Canada is $64,630 per year.

Financial analysts make a good amount of money and are able to provide their families with a reliable income. Salaries for financial analysts are good and are growing at a steady rate. High starting salaries for financial analysts are seen in Nunavut, Saskatchewan, and Newfoundland and Labrador. You can also make more money by working in urban areas or large city centers. Having years of experience as a financial analyst will also gain you a higher salary.

Making more money as a financial analyst comes down to earning industry certifications throughout your career. Becoming a Certified Investment Management Analyst (CIMA), Certified International Wealth Manager (CIWM), or Financial Risk Manager (FRM) can accelerate your earning potential if you don’t already have them. You should also focus on building a good network of industry leaders and decision-makers. Staying relevant on social media by sharing thought leadership or industry insights can garner you attention from employers and high net worth individuals, which can net you higher-paying positions at more prestigious companies.

The most in-demand financial analysts usually earn a signing bonus and other special perks for accepting jobs at high-performing firms, so try to earn these for yourself by suggesting them to your employer. If you have any data or results from your time in the industry, such as profit, return on investment, trends you’ve spotted far in advance, or even long-term professional or client relationships, bring them to your employer’s attention. You can also try to negotiate performance incentives like a percentage of the deals you work on, or perhaps commission for business brought in to the firm. You can also try to negotiate for more paid time off or shared retirement contributions.

About 71.96% of Financial Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $5,747 in potential pay per year, among other factors, can qualify the annual pay of a Financial Analyst in Canada as a good salary.

Financial Analyst professionals in Canada have a wide total pay range, between $55,125 and $115,472 depending on experience, with an estimated total pay of $77,818 following the average career path of a Financial Analyst.