Operations Analyst Jobs in Toronto, ON

Toronto, Ontario$68,750 - $106,250 CAD/yearFull-time
Last updated: January 2026Expert reviewed|Data sourced from Canadian Labour Market reports

Operations Analyst Salary in Toronto

Entry Level
$51,563
Average
$68,750 - $106,250
Senior Level
$132,813

Salaries adjusted for Toronto's cost of living index (125% of national average).

Required Skills

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Operations Analyst Job Market in Toronto

Toronto offers a competitive job market for Operations Analyst professionals. While Technology leads the local economy, there's steady demand for Operations Analyst roles across various sectors. The market for Operations Analyst positions remains stable, with opportunities in both established companies and emerging businesses. Toronto's population of 2.9 million supports a diverse job market with opportunities ranging from startups to enterprise organizations.

Top Companies Hiring Operations Analysts in Toronto

DeloittePwCKPMGEYMcKinseyBCG

Major employers hiring Operations Analysts in Toronto include Deloitte, PwC, KPMG, EY, and McKinsey, BCG. The strong financial services presence in Toronto creates consistent demand for experienced Operations Analyst professionals.

Operations Analyst Salary in Toronto vs Other Cities

Operations Analyst salaries in Toronto typically range from $68,750 to $106,250 annually. As Canada's largest job market, Toronto offers the widest range of Operations Analyst opportunities, though the cost of living is among the highest in the country.

Cost of Living for Operations Analysts in Toronto

Living in Toronto as a Operations Analyst means navigating a cost of living that's above the national average. Average rent for a 1-bedroom apartment is approximately $2,400/month (41% above national average). With Operations Analyst salaries starting around $55,000, budgeting carefully for housing is advisable in Toronto.

125
Cost Index (100 = avg)
2930K
Population
Yes
Tech Hub
4+
Major Industries

Commuting as a Operations Analyst in Toronto

Toronto excellent transit with TTC subway, streetcars, and GO Transit commuter rail. Key transit tips: TTC subway connects downtown to major employment areas. GO Transit offers rapid commutes from suburbs.

Best neighborhoods for Operations Analysts in Toronto: Liberty Village (Tech hub with startup offices and coworking spaces); King West (Finance and tech corridor with modern offices); MaRS Discovery District (Innovation hub near downtown).

Frequently Asked Questions About Operations Analyst Jobs in Toronto

What is the average Operations Analyst salary in Toronto?

Operations Analyst salaries in Toronto typically range from $68,750 to $106,250 annually, depending on experience and company size. While Toronto has a higher cost of living, compensation tends to reflect this.

Is Toronto a good city for Operations Analysts?

Toronto is a major hub for Operations Analyst professionals. Technology and Finance are the dominant industries, creating consistent demand. The city's population of 2930K supports a diverse job market with both established companies and emerging businesses.

What's the cost of living like for Operations Analysts in Toronto?

Toronto's cost of living index is 125 (national average = 100). Housing costs are above average, so budgeting is important even with good salaries.

What skills are essential for Operations Analyst roles?

Key skills for Operations Analyst positions include Data Analysis, Process Improvement, Excel, as well as SQL and Reporting. Employers particularly value candidates who can demonstrate practical experience with these competencies through projects, certifications, or previous work experience.

What business degrees are most valued by Canadian employers?

An MBA from a recognized Canadian school (Rotman, Ivey, Schulich, Desautels) carries significant weight. Undergraduate commerce degrees from schools like Queen's, Western, and McGill are highly regarded. For specialized roles, designations like CPA, CFA, or PMP often matter more than the specific degree.

How important is networking for business careers in Canada?

Networking is crucial in Canadian business culture. Many positions are filled through referrals and connections. Industry associations, alumni networks, and professional organizations (boards of trade, industry councils) are valuable resources. LinkedIn is widely used, and coffee chats are a common Canadian networking approach.

What industries offer the best business career opportunities in Canada?

Financial services in Toronto, energy in Calgary, technology across major cities, and natural resources nationally offer strong business career paths. Healthcare management is growing. Government and non-profit sectors provide stable opportunities. Consulting and professional services remain strong entry points for business graduates.

Is remote work common for business roles in Canada?

Post-pandemic, many Canadian companies adopted hybrid or remote-first policies for business roles. Technology, consulting, and financial services tend to offer the most flexibility. Traditional industries and client-facing roles may require more in-office presence. Remote work policies vary significantly by company and role.

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