Salary Structure

Quantitative Analyst Salary Structure In Canada

In the dynamic realm of finance, Quantitative Analysts play a pivotal role in leveraging data and mathematical models to make informed investment decisions. Ever wondered what the compensation looks like for these analytical minds in Canada? Let’s delve into the numbers and explore the salary landscape for Quantitative Analysts in the Great White North.

Quantitative Analyst Salary Overview

According to recent data, the average annual salary for Quantitative Analysts in Canada stands at a competitive $108,792. This figure reflects the culmination of insights gained from 92 anonymous salary submissions by professionals working in this field.

But wait, there’s more! Beyond the base salary, Quantitative Analysts in Canada also enjoy additional cash compensation, adding a lucrative layer to their overall earnings. On average, this supplementary income amounts to $14,101 per year. The range is broad, spanning from $7,092 to an impressive $28,035, offering ample room for professionals to enhance their financial well-being.

Insights from Anonymous Submissions

These salary estimates are not mere numbers; they are reflections of the real experiences of Quantitative Analysts in Canada. The data is sourced from 92 individuals who generously shared their compensation details anonymously, providing an authentic glimpse into the industry’s earning landscape.


What factors influence the salary of a Quantitative Analyst in Canada?

Several factors contribute to a Quantitative Analyst’s salary in Canada, including experience level, education, industry sector, geographic location, and the size and reputation of the employing organization.

What is the average salary range for Quantitative Analysts in Canada?

The average salary for Quantitative Analysts in Canada varies depending on the factors mentioned earlier. Generally, entry-level positions might start around CAD 60,000 to CAD 80,000 per year, while experienced professionals in senior roles or with advanced degrees can earn upwards of CAD 150,000 or more annually.

Are there regional differences in Quantitative Analyst salaries across Canada?

Yes, there are regional variations in salaries for Quantitative Analysts across Canada. Generally, major urban centres like Toronto, Vancouver, and Montreal tend to offer higher salaries compared to smaller cities or rural areas.

What are some typical bonuses or additional compensation for Quantitative Analysts in Canada?

Bonuses and additional compensation for Quantitative Analysts in Canada can include performance bonuses, profit sharing, stock options, and other incentives. These can significantly augment base salaries, particularly in the financial services sector.

How does the career progression of a Quantitative Analyst in Canada impact salary growth?

Career progression plays a significant role in salary growth for Quantitative Analysts in Canada. Advancement to senior or managerial roles, obtaining advanced degrees or certifications, and acquiring specialized skills can lead to substantial increases in salary over time. Additionally, moving to roles with higher levels of responsibility or transitioning to more lucrative sectors can also positively impact salary growth.


the compensation for Quantitative Analysts in Canada paints a promising picture, with a solid base salary augmented by attractive additional cash compensation. These figures not only reflect the value placed on the analytical prowess of these professionals but also showcase the diverse range of rewards available in the field.

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