Toronto Metro Area Pay Trends
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, Q4 2023
The Payscale Index: Toronto Metro Area
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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.