Toronto's tech market continues to mature, with compensation becoming increasingly competitive with US markets—especially for senior roles. Here's what we're seeing across key disciplines.
Engineering
Software Engineer (3-5 years)
- Toronto: $130,000 - $170,000 CAD
- Remote (US company): $150,000 - $200,000 USD
Senior/Staff Engineer
- Toronto: $170,000 - $220,000 CAD
- Remote (US company): $200,000 - $280,000 USD
Engineering Manager
- Toronto: $180,000 - $230,000 CAD
Product
Product Manager
- Toronto: $120,000 - $160,000 CAD
Senior PM
- Toronto: $150,000 - $190,000 CAD
Director/VP Product
- Toronto: $200,000 - $280,000 CAD
Design
Product Designer
- Toronto: $100,000 - $140,000 CAD
Senior Product Designer
- Toronto: $130,000 - $165,000 CAD
Head of Design
- Toronto: $180,000 - $240,000 CAD
Data
Data Scientist
- Toronto: $120,000 - $160,000 CAD
Senior Data Scientist
- Toronto: $150,000 - $190,000 CAD
ML Engineer
- Toronto: $140,000 - $200,000 CAD
Key Trends
- Remote premiums persist: Engineers at US companies with remote flexibility often earn 30-50% more than Toronto-based equivalents.
- Equity matters more: Early-stage startups are offering larger equity packages to compete on total compensation.
- Specialization pays: Deep expertise in AI/ML, platform engineering, or growth design commands premium salaries.
- Experience inflation: The bar for "senior" roles has risen. Many companies now expect 5-7 years for senior titles.
Data based on Stem Connect placements and market research, January 2025.