Product Manager Salary in Canada – 2024
Junior Level
$68,850 - $91,800
Experience: 0-2 years
Middle Level
$91,800 - $137,700
Experience: 3-5 years
Senior Level
$137,700 - $206,550
Experience: 6+ years
Hourly Rate
$46.89 - $63.44 per hour
Based on 40-hour work week, rates may vary by region and company
Healthcare
Comprehensive medical, dental and vision insurance coverage for you and your family
Approx. $8,033 per year
Annual Bonus
Additional annual compensation based on individual and company performance
$5,738 - $17,213
Equity Bonus
Company equity compensation based on local market standards and company policy
Up to $11,475
Education Requirements
- Bachelor's degree in related field
- Master's degree (preferred for senior positions)
- Relevant certifications
- Portfolio of work
- Open source contributions
Professional Certifications
Training
Continuous learning and development opportunities available
Required Skills
Core Skills
Trending Skills
Emerging Skills
Benefits
Common Benefits
Additional Benefits
Market Trends
Demand
High
Growth Rate
15% annual growth
Remote Work
Availability: High
Trend: Increasing remote opportunities
Job Platforms
Key Industries
Similar Positions
Frequently Asked Questions
What is the average Product Manager salary in Canada?
The average salary for a Product Manager in Canada is $114,750 per year. Entry-level positions (Junior Level) start at $68,850 - $91,800, while experienced professionals (Senior Level) can earn up to $137,700 - $206,550.
What skills are required for a Product Manager role?
Core skills include Product Strategy, Agile, User Research, Data Analysis, Roadmapping. Trending skills are AI/ML Product Management, Growth Metrics, Product Analytics, A/B Testing, while emerging skills focus on Web3 Product Management, AR/VR Product Development.
What is the job market outlook for Product Managers?
The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include Technology, Finance, Healthcare, E-commerce, EdTech, FinTech, Cybersecurity, Clean Tech.
What benefits are typically offered to Product Managers in Canada?
Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.
What roles are similar to Product Manager?
Similar positions to Product Manager include Technical Product Manager, Product Owner, Growth Product Manager, AI Product Manager. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.
What is the hourly rate for Product Managers in Canada?
Based on a standard 40-hour work week, Product Managers in Canada typically earn between $46.89 and $63.44 per hour per hour. Rates may vary depending on location, experience level, and specific employer.
What are the core and trending skills for Product Managers?
Core skills essential for Product Managers include Product Strategy, Agile, User Research, Data Analysis, Roadmapping. The most in-demand trending skills currently are AI/ML Product Management, Growth Metrics, Product Analytics, A/B Testing. Professionals looking to stay competitive should also keep an eye on emerging skills like Web3 Product Management, AR/VR Product Development.
About Salary Data
Our salary data is compiled from trusted sources including:
- U.S. Bureau of Labor Statistics - Official employment statistics
- Eurostat - European Union labor market data
- PayScale - Global compensation data
- Glassdoor - Company salary reports
- Levels.fyi - Tech industry compensation data
- Indeed - Job market analysis
Additional market insights from:
Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.
