Pay by Role
Canada · Salary comparison

Actuary vs Investment Banker salary

In Canada, a investment banker earns about 24% more than a actuary $220,258 vs $177,901 per year.

Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Finance & Business
Actuary
$177,901/yr
Monthly
$14,825
Hourly
$85
Range
$117,047$252,238
10-yr outlook
+22%
Pays more
Finance & Business
Investment Banker
$220,258/yr
Monthly
$18,355
Hourly
$106
Range
$101,305$365,614
10-yr outlook
+7%

Pay range, side by side

PercentileActuaryInvestment Banker
Entry (10th)$117,047$101,305
25th$147,474$160,817
Median$177,901$220,258
75th$215,105$292,972
Senior (90th)$252,238$365,614

National Canada figures in CAD. Individual pay varies with experience, employer, and location.

More Finance & Business comparisons

Frequently asked questions

Does a actuary or investment banker earn more in Canada?
A investment banker earns more, at about $312,000 per year vs $252,000 for a actuary — roughly 24% ($60,000) more.
What is the salary range for these roles in Canada?
A actuary typically earns $165,800–$357,300, while a investment banker earns $143,500–$517,900 per year.
How much do these jobs pay per month in Canada?
On a monthly basis before tax, a actuary averages about $21,000 and a investment banker about $26,000.
How do entry-level salaries compare?
At the 10th percentile in Canada, a actuary earns about $165,800 while a investment banker earns about $143,500 per year.
How do senior-level salaries compare?
At the 90th percentile in Canada, a actuary earns about $357,300 while a investment banker earns about $517,900 per year.
Are actuary and investment banker similar careers?
Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.