2026 Salary Data · Toronto, Canada

Director of Product Salary in Toronto

How much does a Director of Product make in Toronto? Salary data, top employers, and career insights for Directors of Product in the Greater Toronto Area area.

$266K
Median Total Comp
-28%
vs National Avg
high
Cost of Living
2,200+
Product Roles

How Much Does a Director of Product Make in Toronto?

Directors of Product in Toronto earn a median of $266K in total compensation, 28% below the national average. The cost of living is above average, but Toronto's strength in Fintech creates steady demand for experienced product talent. Salaries range from $205K (25th percentile) to $342K (75th percentile).

Salaries in Toronto are denominated in local currency. The $266K figure is a USD equivalent based on purchasing power parity. University of Toronto and Waterloo provide a top-tier AI talent pipeline.

$176K$403K
P25-P75 Median

AI Specialization Premium in Toronto

Standard Director
$266K
$205K - $342K
AI-Specialized Director
$325K
$250K - $417K

Directors of Product with AI/ML experience earn a 22% premium in Toronto. Toronto has a strong AI ecosystem, increasing demand for AI-skilled product talent.

Director of Product Salary by Company Type in Toronto

FAANG / Big Tech
$346K
+30%
Pre-IPO Unicorn
$306K
+15%
Growth Startup (B/C)
$266K
Baseline
Enterprise / Fortune 500
$279K
+5%
Early Startup (Seed/A)
$226K
-15%
Agency / Consulting
$213K
-20%

Top Employers for Directors of Product in Toronto

ShopifyWealthsimpleRBCTD BankGoogleAmazonUberSnap

Toronto is Canada's largest tech market and growing rapidly, driven by Shopify and a strong fintech cluster. Salaries are in CAD and typically 25-30% below US equivalents. University of Toronto and Waterloo provide a top-tier AI talent pipeline.

FintechE-commerce / MarketplaceAI / Machine Learning

Other Product Roles in Toronto

Chief Product Officer
15+ years
$346K
+30%
VP of Product
12+ years
$292K
+10%
Staff Product Manager
8-12 years
$227K
-15%
AI Product Manager
3-7 years
$220K
-17%
Platform Product Manager
5-9 years
$198K
-26%
Technical Product Manager
4-8 years
$194K
-27%

Director of Product Salary in Other Cities

Vancouver, Canada
high cost of living
$259K
-3%
New York City, NY
very-high cost of living
$425K
+60%
Boston, MA
high cost of living
$389K
+46%
London, United Kingdom
very-high cost of living
$296K
+11%
San Francisco, CA
very-high cost of living
$444K
+67%
San Jose, CA
very-high cost of living
$437K
+64%
Seattle, WA
high cost of living
$414K
+56%

Frequently Asked Questions

How much does a Director of Product make in Toronto?+
The median total compensation for a Director of Product in Toronto is $266K, with the 25th to 75th percentile range spanning $205K to $342K. This is 28% below the national average of $370K.
What companies hire Directors of Product in Toronto?+
Top employers for Directors of Product in Toronto include Shopify, Wealthsimple, RBC, TD Bank, Google. Toronto is Canada's largest tech market and growing rapidly, driven by Shopify and a strong fintech cluster.
Is Toronto a good city for Directors of Product?+
Toronto has a very-strong product job market with approximately 2,200+ open product roles. The cost of living is high. Strong industries include Fintech, E-commerce / Marketplace, AI / Machine Learning.
How does Director of Product salary in Toronto compare to other cities?+
Toronto pays 28% below the national average for Directors of Product. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Vancouver, New York City, Boston, London.
Do Directors of Product in Toronto earn more with AI experience?+
Yes. The AI specialization premium for Directors of Product in Toronto is 22%, bringing the median from $266K to $325K. Toronto has a strong AI ecosystem, which increases demand for AI-skilled PMs.
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