Chartered Accountant Salary Canada is one of the most searched topics for finance graduates and working professionals. Whether you're planning to move to Canada or already working toward your CPA, it helps to know what the market looks like.
So, how much does a CA earn in Canada in 2025?
In 2025, the average base salary for a Chartered Accountant in Canada is around CAD 68,000 (₹41.8 lakh) per year. Starting salaries usually fall between CAD 54,000 to CAD 87,000 (₹33.2 lakh – ₹53.4 lakh), depending on city, firm, and work profile. Roles in public accounting, corporate finance, and consulting all offer different pay paths depending on experience, city, and firm size.
In this blog, you’ll find:
How salaries change across experience levels
Which job titles and industries pay the most
Location-wise pay trends across Canada
What international CPAs should keep in mind when applying
If you're working toward a long-term role in Canadian finance, this is where to start.
Thinking about becoming a Chartered Accountant in Canada? If you're exploring study options, take a look at these career-aligned programs:
Ontario has about 97,900 financial auditors and accountants. Most work in:
Accounting and tax services – 35%
Banks and financial firms – 10%
Federal government jobs – 6%
These roles support businesses, banks, and public services with accurate financial records and audits.
Entry-Level Chartered Accountant Salary in Canada
Most Chartered Accountants in Canada start their journey while still working toward the CPA designation. Students typically begin as articling associates or CPA interns during the Professional Education Program (PEP). These roles offer experience while completing modules and preparing for the Common Final Examination (CFE).
Here’s a quick breakdown of how the early career path looks:
Step 1: CPA Intern (Pre-PEP or early PEP stage) You work under supervision, supporting audits, reconciliations, and reporting tasks. Employers may reimburse your course fees and offer study leave.
Step 2: Articling Associate (During PEP) You’re on payroll but also studying. You assist in client audits, bookkeeping, and corporate tax filing. Most students spend 2–3 years here.
Step 3: Newly Designated CPA (Post-Certification) After clearing the CFE and completing work experience hours, you become a certified CPA. This is when salary and role responsibilities grow rapidly.
Entry-Level Chartered Accountant Salary
Role Type
Salary Range
What You Do
CPA Intern
CAD 37,000 – 49,000 (₹24.5L – ₹31.8L)
Bookkeeping, admin, support roles
Articling Student
CAD 45,000 – 71,000 (₹27.6L – ₹39L)
Client audits, financials, tax work
Newly Certified CPA
CAD 54,000 – 87,000 (₹33.2L – ₹53.4L)
Independent audits, reporting, analysis
Firms like Deloitte, PwC, KPMG, and EY hire students during the articling period and offer clear promotion timelines after certification.
Tip: Many firms offer structured CPA support programs, including exam prep time, mentorship, and performance-based bonuses, even at the intern stage.
Curious how CA salaries compare with other jobs? This post on the Average Salary in Canada offers helpful benchmarks.
Mid-Level and Senior Chartered Accountant Salary in Canada
After 3–5 years, CPAs move into mid-level roles like Senior Accountant, Audit Manager, or Financial Reporting Lead. Salaries rise as you gain responsibility, manage teams, or work across multiple portfolios.
By the 10+ year mark, many professionals reach senior leadership positions such as Controller, Director of Finance, or CFO in growing companies.
Here’s how the salary typically progresses:
Experience
Base Salary
Notes
4–6 Years
CAD 62,000 – 95,000 (₹38L – ₹58.5L)
Roles: Manager, Financial Analyst Lead
7–9 Years
CAD 70,000 – 110,000 (₹43.5L – ₹68.4L)
Roles: Senior Manager, Internal Audit Head
10–14 Years
CAD 90,000 – 140,000 (₹55.9L – ₹86.9L)
Roles: Controller, Finance Director
15+ Years
CAD 120,000 – 250,000+ (₹74.5L – ₹1.55Cr+)
CFO, VP Finance, Equity Partner roles
Bonuses, profit-sharing, and stock options often add 10%–30% to base pay, especially in senior roles.
CPAs who shift into tech, banking, or consulting may hit higher salary bands sooner due to faster promotion cycles and performance pay.
Not sure what job classification CAs fall under? Here's how to decode it using the NOC Code Canada system.
Chartered Accountant Salary in Canada by Job Role
What you do as a CPA in Canada matters just as much as where you work. Entry-level titles like junior analyst or articling associate offer a learning curve. Once you move up to controller, manager, or CFO, your earnings start to reflect your responsibility. Accountants in advisory or consulting roles also see faster pay jumps than those in compliance-only roles.
Salary by Job Role: How Much Can You Expect?
Job Title
Average Annual Salary
Common Employers
Staff Accountant/Junior Analyst
CAD 38,000 – 47,000 (₹36.7L – ₹45.9L)
Public and industry
Audit or Tax Associate
CAD 43,000 – 62,000 (₹39.8L – ₹52.1L)
Mostly public firms
Financial Analyst
CAD 54,000 – 74,000 (₹42.8L – ₹55L)
Industry roles
Controller/Senior Accountant
CAD 76,000 – 119,000 (₹52.1L – ₹73.5L)
Corporate, mid-senior
Finance Manager/Consultant
CAD 74,000 – 111,000 (₹61.3L – ₹82.8L)
Industry and consulting
Director/CFO
CAD 113,000 – 222,000 (₹91.9L – ₹1.23Cr)
Large firms, leadership
Start low, but aim high—your title controls your growth and your paycheck.
Specialized roles in analytics, strategy, or M&A can also push you into higher salary bands faster.
Here's a detailed guide to Student Visa for Canada—including timelines, documents, and tips.
Chartered Accountant Salary in Canada by Industry
Some industries pay you for structure, others for speed. Accountants working in financial services or tech often earn more than traditional auditors. If you’re aiming for stability, government roles may appeal—but they don’t offer the same bonus or equity options as the private sector.
Chartered Accountant Salary in Canada: Industry Comparison
Industry
Salary Range
Benefits & Work Culture
Big 4 (Audit/Tax/Advisory)
CAD 60,000 – 100,000 (₹36.7L – ₹61.3L)
Prestige, long hours, training focus
Mid-Tier CPA Firms
CAD 55,000 – 85,000 (₹33.6L – ₹52.1L)
Moderate pace, better work-life balance
Financial Services
CAD 75,000 – 130,000 (₹45.9L – ₹79.8L)
High bonus potential, client exposure
Technology/SaaS/Startups
CAD 80,000 – 150,000 (₹48.9L – ₹91.9L)
Equity options, flexible roles
Manufacturing/Engineering
CAD 70,000 – 120,000 (₹42.8L – ₹73.5L)
Steady pay, long-term growth
Government/Non-Profit
CAD 60,000 – 95,000 (₹36.7L – ₹58.2L)
Job security, defined benefits
Finance professionals in tech and finance often receive RSUs or performance-linked bonuses—an edge over traditional accounting setups.
Chartered Accountant Salary in Canada by Province and City
Where you live can change how much you earn—and how far it goes. While cities like Calgary and Montreal offer higher salaries, the cost of living in Toronto and Vancouver often cancels out the edge. Rural or smaller cities may pay slightly less, but entry barriers are lower, and rent is often cheaper.
Average Chartered Accountant Salary in Canada by City
City
Avg. Salary/Year (CAD)
Approx. in INR
Calgary, AB
CAD 82,094
₹50.3L
Montréal, QC
CAD 76,224
₹46.8L
Vaughan, ON
CAD 73,307
₹45L
Brampton, ON
CAD 73,103
₹44.9L
Ottawa, ON
CAD 72,398
₹44.4L
Edmonton, AB
CAD 71,265
₹43.7L
Vancouver, BC
CAD 67,501
₹41.4L
Toronto, ON
CAD 67,453
₹41.3L
Richmond, BC
CAD 62,715
₹38.4L
Looking to save more early in your career? Cities like Ottawa or Edmonton offer a better salary-to-cost ratio for new CPAs.
Public Practice vs Corporate Accounting: Salary and Career Differences
Accounting offers two main paths: public practice (Big 4, audit/tax firms) and corporate or in-house finance roles. Your day-to-day and long-term earnings can differ sharply depending on which you choose.
Differences: Public Firms vs Industry Roles
Aspect
Public Practice (Big 4/Mid-tier)
Corporate Accounting (Industry)
Starting Salary
CAD 55,000 – 75,000 (₹33.7L – ₹45.9L)
CAD 60,000 – 85,000 (₹36.7L – ₹52L)
Learning Exposure
High – multiple clients, audit/tax exposure
Focused – one company, deep domain expertise
Work Hours
Long hours, seasonal peaks (busy season)
Generally stable hours, more work-life balance
Travel
Frequent (client visits, audit sites)
Limited (mostly internal)
Career Progression
Fast-tracked to Manager or Partner roles
Gradual rise to Controller, CFO, or Director
Bonuses & Equity
Annual bonuses based on team billing targets
Performance bonuses, stock options possible
Public firms teach you to hustle early. Industry roles reward you with steady growth—and sometimes better hours.
Career Progression for Chartered Accountants in Canada
The career path for CPAs in Canada offers solid growth—both in responsibilities and compensation. Whether you stay in public practice or shift to industry, the salary rise follows your experience, certifications, and leadership skills.
Below is a typical progression path:
Career Roadmap: Chartered Accountant Roles and Salary Range
Career Stage
Years of Experience
Typical Role/Title
Articling Student
0–2 years
Intern/Associate (under PEP)
CPA / Analyst / Junior
2–4 years
Staff Accountant, Audit Associate
Senior Accountant
4–7 years
Senior Analyst, Controller
Manager / Consultant
7–10 years
Manager, Consultant, FP&A Lead
Director / CFO
10–15+ years
CFO, Partner, VP Finance
At any point, CPAs can shift into consulting, risk advisory, or even launch their own firm. Experience plus the right network opens up the freedom to lead and scale.
In British Columbia, more CPAs are entering the field than the market currently needs. From 2023 to 2027, the supply of CPAs is expected to grow by 2.2% each year, outpacing the demand.
This could mean more competition for roles and a need to build niche skills or specialize.
Still wondering if it’s worth pursuing CA abroad? This blog on Why Study in Canada gives a clear picture of benefits for international students.
Certifications That Can Increase Your Chartered Accountant Salary in Canada
If you're looking to move up faster or access higher-paying roles, certifications matter. Adding one or two strategic credentials can push your chartered accountant salary in Canada well above the average.
What Helps You Earn More as a CPA?
CFA (Chartered Financial Analyst) – Ideal if you're pivoting to investment banking, equity research, or portfolio management.
CBV (Chartered Business Valuator) – Boosts salary potential in M&A, litigation support, and financial modeling.
CIA (Certified Internal Auditor) – Opens roles in internal audit and compliance at large firms or banks.
CPA (US) – Adds global mobility if you're targeting multinationals or cross-border roles.
MBA (Finance) – Great for leadership roles like controller, VP Finance, or CFO.
Add-On Certifications That Boost Chartered Accountant Salary in Canada
Certification
Target Roles
Value Addition
CFA
Investment roles, FP&A, portfolio mgmt
Global finance knowledge, high trust factor
CBV
Valuation, advisory, forensic accounting
In-demand for deal-focused work
CIA
Internal auditor, SOX, risk manager
Adds a specialised compliance edge
CPA (US)
Cross-border accountant, MNC roles
Useful for dual-jurisdiction work
MBA (Finance)
Manager, Director, CFO
Opens strategic leadership and planning roles
Choosing the right certification depends on your career direction. For CPAs in Canada aiming to diversify or specialize, these additions offer both credibility and a raise.
Becoming a chartered accountant in Canada takes time, planning, and the right steps. Whether you're starting your education or already working in finance, here’s what the process looks like:
Steps to Qualify as a Chartered Accountant in Canada
Stage
What You Need to Do
1. Education
Complete a bachelor’s degree in accounting or a related field from a recognized school.
2. Enrol in CPA PEP
Register for the CPA Professional Education Program (PEP) with your provincial body.
3. Pass All Modules
Finish 6 modules — two core, two elective, and two capstone projects.
4. Practical Experience
Complete at least 30 months of relevant work experience under a CPA mentor.
5. Clear the CFE Exam
Pass the Common Final Exam (CFE) — a multi-day case-based exam.
6. Keep Your CPA Active
Complete annual CPD hours to maintain certification after qualifying.
International applicants can apply through bridging programs or challenge exams depending on previous education and work experience.
How upGrad Abroad Helps Aspiring CAs Planning to Work in Canada
Planning to work as a chartered accountant in Canada? upGrad Abroad supports every step—from choosing the right degree to preparing for licensing.
How upGrad Supports Your CA Journey:
University Guidance: Find Canadian programs aligned with CPA eligibility
Exam Support: Read expert blogs and strategy tips for CPA PEP and CFE
Budget Planning Tools: Use tuition cost calculators and living expense checklists
Scholarship Access: Discover which universities offer financial aid for accounting students
Licensing Roadmap: Learn about the process for CPA certification and provincial registration
Want to work as a CA in Canada? Connect with upGrad Abroad experts and get help mapping your next move.
Is the Chartered Accountant Salary Canada Worth It in 2025?
The profession offers both financial consistency and long-term relevance across sectors like finance, consulting, and government. CPAs who specialize, move into leadership, or offer advisory services often see even more upward mobility. If you're looking for a career that balances structure with steady growth, this path fits well. With strong demand in cities like Toronto and Vancouver, the chartered accountant salary Canada supports a stable and well-respected career.
FAQs about Chartered Accountant Salary Canada in 2025
What is the average Chartered Accountant salary in Canada for Toronto-based CPAs?
In Toronto, the average Chartered Accountant salary in Canada ranges between CAD 90,000–110,000 (₹55–₹67 lakh) per year. Big 4 roles, finance hubs, and senior experience usually push earnings to the higher end.
How does the Chartered Accountant salary in Canada differ between public and private sector roles?
Public accounting (especially in Big 4 firms) offers CAD 60,000–75,000 starting pay. In comparison, private corporate roles often start higher and can reach CAD 130,000+ with experience.
Is the Chartered Accountant salary in Canada higher or lower than in the US or UK?
On average, Canadian CPA salaries are competitive with the UK but slightly below the U.S.—especially when comparing bonuses, profit-sharing, and senior-level packages.
Is the CPA designation worth it for internationally trained accountants looking at Chartered Accountant salary in Canada?
Yes. The CPA Canada designation unlocks better salaries, promotions, and province-wide eligibility. Many employers prefer it, even for experienced international hires.
How much do articling students earn under the Chartered Accountant salary structure in Canada?
Articling students typically earn CAD 40,000–55,000 (₹24–₹33 lakh) per year. This increases significantly after certification.
Do government CPAs earn less than private sector roles under the Chartered Accountant salary structure in Canada?
Yes, government roles tend to offer slightly lower base salaries—but they balance it out with strong pensions, fewer hours, and stable work environments.
Can a CPA work part-time or remotely and still earn a competitive Chartered Accountant salary in Canada?
Yes. Many CPAs now work hybrid or remote, and part-time consulting or contract-based roles often match full-time rates depending on niche skills.
What Chartered Accountant specialisations in Canada lead to the highest salaries?
Top-paying CPA specialisations include M&A advisory, tax structuring, and financial planning. Salaries can cross CAD 150,000–180,000+, especially with bonus-linked roles.
Are performance bonuses part of the Chartered Accountant salary package in Canada?
Definitely. Most CPAs receive annual bonuses between 5–20%, based on firm profits, individual KPIs, and seniority.
What is the Chartered Accountant salary in Canada after 10 years of experience?
With 10+ years in the field, CPAs typically earn CAD 130,000–180,000 (₹80–₹1.1 Cr), often higher if they're in finance leadership, niche advisory, or management roles.
Are there signing or relocation bonuses included in Chartered Accountant salary offers in Canada?
Yes. Many employers offer CAD 5,000–15,000 for relocation or as a signing bonus, especially for roles in Alberta, Manitoba, or underserved regions.
What’s the average raise for CPAs in Canada under the Chartered Accountant salary structure?
Annual raises range from 3–6% on average. Fast-track promotions or high-performance years can bring 10–15% jumps.
Do Big 4 CPAs get overtime pay under the Chartered Accountant salary Canada scale?
Most Big 4 firms don’t offer hourly overtime. Instead, they may give time off in lieu or adjust bonus payouts to reflect additional hours worked.
How much can a CPA earn in Canada working as a financial consultant?
Experienced financial consultants can charge CAD 100–300/hour, leading to annual earnings of CAD 150,000–250,000+—especially in wealth, audit, or startup advisory.
Is there full salary transparency under the Chartered Accountant salary Canada structure?
Large firms usually publish band-wise salary structures, but smaller firms may keep pay ranges more flexible and based on negotiation.
We are a dedicated team of study-abroad experts, ensuring intensive research and comprehensive information in each of our blogs. With every piece written, we aim at simplifying the overseas education process for all. Our diverse experience as journalists, content writers, editors, content strategists, and marketers helps create the most relevant and authentic blogs for our readers.
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