Financial Economist salary in Canada

Average Yearly Salary of Financial Economist in Canada is approximately 154,425 CAD (154,868 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Financial Economist do?

A financial economist is a professional who analyzes and studies various financial markets, economic trends, and investment opportunities. They use their expertise in economics, finance, and statistics to provide insights and recommendations on financial decisions. Financial economists may work in various sectors such as banking, investment firms, government agencies, or research institutions. Their primary responsibilities include conducting economic research, analyzing financial data, forecasting market trends, and developing models to evaluate investment risks and returns. They also monitor economic indicators, such as interest rates, inflation rates, and employment levels, to assess the impact on financial markets. Financial economists often collaborate with other professionals, such as portfolio managers, traders, and risk analysts, to develop investment strategies and optimize portfolio performance.

Skills: Financial Economist, Economic Research, Financial Markets, Investment Analysis, Risk Management, Economic Trends
Job industry: Finance

How much does Financial Economist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Financial Economist a well paid job?

Yes, our data show that Financial Economist is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Financial Economist?

High salary for Financial Economist would be somewhere between 169,868 CAD and 223,916 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Economist in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 154,425 CAD
Estimated Monthly Salary: 12,869 CAD
Estimated Weekly Salary: 2,970 CAD per week
Estimated Hourly Salary: 74 CAD per hour
By working as Financial Economist a person can save up to 10,787 USD per month or 129,447 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Financial Economist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

Data as of 2025

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