The PayScale Index » Toronto Metro Area

Toronto Metro Area Pay Trends

Updated October 9, 2018

In addition to being Canada’s largest city, Toronto is home to the Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montréal, and the Canadian Imperial Bank of Commerce, otherwise known as The Big Five. Media and communications, in addition to manufacturing and distribution, also play a large role in Toronto’s economy.

Wage Growth for Toronto Metro Area, Q3 2018


since last quarter


year over year


since 2006


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Methodology for The PayScale Index: Trends in Compensation
The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in Canada. The PayScale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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