Financial Analyst salary in Toronto.
Live salary data from Adzuna, calibrated against Hustle Report member submissions. Updated daily.
The 25 / 50 / 75 percentile band.
25th percentile
CA$77,500
Median (50th)
CA$103,000
Calibrated estimate
75th percentile
CA$137,500
Percentiles describe a snapshot of advertised salaries. Real take-home depends on tax band, pension contributions and bonuses. Hustle Report members can plug their actual numbers into the in-app calculator for a precise picture.
Financial Analyst market in Toronto.
Finance pay tracks credentialing first (CFA, ACA, CPA), then sector. Buy-side and IB analysts sit firmly above the headline percentiles; corporate finance analysts cluster around them. Side income for finance professionals is heavily concentrated in fractional FP&A for early-stage companies (£400-£700/day).
Toronto specifically: Toronto is Canada's largest tech and financial services market, with a strong concentration of US tech satellite offices (Google, Stripe, Shopify HQ). Salaries are quoted in CAD and trail US equivalents by 25-40% - but the market for cross-border remote work has narrowed that gap rapidly since 2022.
Tax snapshot · 🇨🇦 CA
Income tax: from $1. GST/HST: C$30,000 / 12 months.
Income-tax reporting starts at the first dollar of side-hustle income via Form T2125 attached to your T1 personal return. GST/HST registration becomes mandatory the moment your rolling 12-month side-hustle revenue crosses C$30,000 — voluntary below that.
Members in this role typically add CA$11,400/year.
Modeled on a conservative 4 hours/week of contract work at the role's implied hourly equivalent (CA$57/hr). The Hustle Report Monday editorial finds the briefs and ranks them by fit so the time stays small.
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Get my salary reportCommon questions
- What is the median financial analyst salary in Toronto?
- The median on this page is CA$103,000 per year from live job ads where available, otherwise a curated benchmark converted to CAD. Percentiles describe advertised base salaries, not total compensation.
- How does Toronto compare for financial analyst pay?
- Toronto is Canada's largest tech and financial services market, with a strong concentration of US tech satellite offices (Google, Stripe, Shopify HQ). Salaries are quoted in CAD and trail US equivalents by 25-40% - but the market for cross-border remote work has narrowed that gap rapidly since 2022. Use the links below to compare the same role in other cities.
- What tax and invoicing setup matters most for financial analyst side income in Toronto?
- Two things: (1) your country threshold and filing deadlines, and (2) clean invoices. Start with https://hustlereport.co/freelance-tax/canada and use the invoice template at https://hustlereport.co/invoice-templates/ca.
- How can a financial analyst earn more without switching jobs?
- Hustle Report members in similar roles often add CA$11,400 per year or more from a 4-hour-per-week contract at CA$57/hr equivalent. The Monday brief matches live briefs to your CV.
- How do I know what to charge for a contract in Toronto?
- Use the rate floor for your market and skill, then sanity-check it against tax and downtime. Start at https://hustlereport.co/rates/bookkeeping/ca.
- Is Hustle Report regulated financial advice?
- No. Salary pages are informational benchmarks. Hustle Report does not provide investment, tax or legal advice; speak to a qualified professional for your situation.
- Where does the live salary data come from?
- Advertised roles are pulled from Adzuna where configured for this country. Figures fall back to editorial percentile bands stored in GBP and converted with the same static FX table used across Hustle Report salary guides.