Senior Product Manager Salary in Toronto, Ontario
Toronto has a significant technology and finance sector. Salaries reflect the influence of large employers and numerous fast‑growth startups. High rents and competition for talent can affect pay levels for product roles.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
C$105,000 to C$125,000
Average (per year)
C$115,000
In Toronto, senior product managers at the entry level work for banks, fintech startups, or software companies.
Mid-level (3-5 years)
Salary range (per year)
C$125,000 to C$145,000
Average (per year)
C$135,000
Mid‑level professionals lead cross‑functional teams at tech firms and multinational companies.
Senior (6-9 years)
Salary range (per year)
C$145,000 to C$170,000
Average (per year)
C$158,000
Compensation for senior‑level managers in Toronto aligns with local cost of living and market conditions.
Principal/Lead (10+ years)
Salary range (per year)
C$170,000+
Principal and lead roles exist within large technology companies, financial institutions, and SaaS providers.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
C$55 - C$70
per hour
Mid-level
C$70 - C$95
per hour
Senior
C$95 - C$120
per hour