Senior Product Manager Salary in Waterloo, Ontario

Waterloo has a notable software and engineering community. The local tech sector includes startups and established employers like BlackBerry and OpenText. Product managers' salaries reflect local market conditions, and the area has demand for technical skills.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

C$97,000 to C$115,000

Average (per year)

C$106,000

Entry-level Senior Product Managers in Waterloo join software or hardware startups.

Mid-level (3-5 years)

Salary range (per year)

C$115,000 to C$132,000

Average (per year)

C$124,000

Mid-level roles support scale-ups linked to the University of Waterloo or the Communitech network.

Senior (6-9 years)

Salary range (per year)

C$132,000 to C$148,000

Average (per year)

C$139,000

Senior managers lead product teams for tech firms or established corporations like OpenText.

Principal/Lead (10+ years)

Salary range (per year)

C$148,000+

Principal or lead positions are found at tech employers and startups.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

C$47 - C$62

per hour

Mid-level

C$62 - C$85

per hour

Senior

C$85 - C$105

per hour