2026 Salary Data · Toronto, Canada

Product Owner Salary in Toronto

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

$122K
Median Total Comp
-28%
vs National Avg
high
Cost of Living
2,200+
Product Roles

How Much Does a Product Owner Make in Toronto?

Product Owners in Toronto earn a median of $122K 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 $103K (25th percentile) to $153K (75th percentile).

Salaries in Toronto are denominated in local currency. The $122K figure is a USD equivalent based on purchasing power parity. University of Toronto and Waterloo provide a top-tier AI talent pipeline.

$89K$166K
P25-P75 Median

AI Specialization Premium in Toronto

Standard PO
$122K
$103K - $153K
AI-Specialized PO
$144K
$122K - $181K

Product Owners with AI/ML experience earn a 18% premium in Toronto. Toronto has a strong AI ecosystem, increasing demand for AI-skilled product talent.

Product Owner Salary by Company Type in Toronto

FAANG / Big Tech
$159K
+30%
Pre-IPO Unicorn
$140K
+15%
Growth Startup (B/C)
$122K
Baseline
Enterprise / Fortune 500
$128K
+5%
Early Startup (Seed/A)
$104K
-15%
Agency / Consulting
$98K
-20%

Top Employers for Product Owners 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
+184%
VP of Product
12+ years
$292K
+139%
Director of Product
10-15 years
$266K
+118%
Staff Product Manager
8-12 years
$227K
+86%
AI Product Manager
3-7 years
$220K
+80%
Platform Product Manager
5-9 years
$198K
+62%

Product Owner Salary in Other Cities

Vancouver, Canada
high cost of living
$119K
-2%
New York City, NY
very-high cost of living
$195K
+60%
Boston, MA
high cost of living
$179K
+47%
London, United Kingdom
very-high cost of living
$136K
+11%
San Francisco, CA
very-high cost of living
$204K
+67%
San Jose, CA
very-high cost of living
$201K
+65%
Seattle, WA
high cost of living
$190K
+56%

Frequently Asked Questions

How much does a Product Owner make in Toronto?+
The median total compensation for a Product Owner in Toronto is $122K, with the 25th to 75th percentile range spanning $103K to $153K. This is 28% below the national average of $170K.
What companies hire Product Owners in Toronto?+
Top employers for Product Owners 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 Product Owners?+
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 Product Owner salary in Toronto compare to other cities?+
Toronto pays 28% below the national average for Product Owners. 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 Product Owners in Toronto earn more with AI experience?+
Yes. The AI specialization premium for Product Owners in Toronto is 18%, bringing the median from $122K to $144K. Toronto has a strong AI ecosystem, which increases demand for AI-skilled PMs.
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