Business Intelligence Salary in Canada during 2024

Salary details

The average Business Intelligence salary lies between USD 83,038 and USD 142,000 in Canada. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Dec. 15, 2024

Top 20 Job Tags for Business Intelligence roles

The three most common job tag items assiciated with Business Intelligence job listings are Business Intelligence, SQL and Power BI. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Business Intelligence | 3357 jobs SQL | 2586 jobs Power BI | 1796 jobs Python | 1700 jobs Tableau | 1697 jobs Computer Science | 1312 jobs Engineering | 1247 jobs Statistics | 1199 jobs ETL | 1097 jobs Data analysis | 1029 jobs Excel | 1006 jobs Data visualization | 1001 jobs R | 842 jobs Data Analytics | 792 jobs Finance | 770 jobs Security | 662 jobs Mathematics | 640 jobs Data warehouse | 634 jobs Research | 609 jobs Agile | 597 jobs

Top 20 Job Perks/Benefits for Business Intelligence roles

The three most common job benefits and perks assiciated with Business Intelligence job listings are Career development, Health care and Competitive pay. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 1883 jobs Health care | 1137 jobs Competitive pay | 756 jobs Flex hours | 747 jobs Equity / stock options | 638 jobs Startup environment | 568 jobs Insurance | 564 jobs Team events | 560 jobs Flex vacation | 515 jobs Salary bonus | 488 jobs Parental leave | 480 jobs Medical leave | 449 jobs Wellness | 405 jobs 401(k) matching | 324 jobs Fitness / gym | 151 jobs Gear | 106 jobs Transparency | 95 jobs Flexible spending account | 89 jobs Relocation support | 80 jobs Unlimited paid time off | 79 jobs

Salary Composition

In Canada, the salary composition for a Business Intelligence role in AI/ML/Data Science typically includes a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary is the largest component and varies significantly depending on the region, industry, and company size. For instance, tech hubs like Toronto and Vancouver may offer higher base salaries compared to smaller cities. Industries such as finance and technology tend to offer more competitive compensation packages. Bonuses are often tied to individual or company performance and can range from 5% to 20% of the base salary. Additional remuneration might include benefits like health insurance, retirement contributions, and sometimes equity in the company, especially in startups or larger tech firms.

Increasing Salary

To increase your salary from this position, consider pursuing advanced roles such as Senior Data Scientist, AI/ML Manager, or transitioning into a specialized niche within AI/ML that is in high demand, such as natural language processing or computer vision. Networking within the industry and building a strong professional brand can also open doors to higher-paying opportunities. Additionally, gaining expertise in emerging technologies and tools, or obtaining advanced certifications, can make you more valuable to employers. Negotiating your salary during performance reviews or when taking on additional responsibilities can also lead to salary increases.

Educational Requirements

Most Business Intelligence roles in AI/ML/Data Science require at least a bachelor's degree in a related field such as Computer Science, Data Science, Statistics, or Mathematics. However, a master's degree or Ph.D. can be advantageous and is often preferred for more advanced positions. These advanced degrees provide a deeper understanding of complex algorithms and data analysis techniques, which are crucial for success in this field.

Helpful Certifications

Certifications can enhance your credentials and demonstrate your expertise to potential employers. Some common and helpful certifications include:

• Certified Analytics Professional (CAP)
• Microsoft Certified: Azure Data Scientist Associate
• Google Professional Data Engineer
• IBM Data Science Professional Certificate
• AWS Certified Machine Learning – Specialty

These certifications can validate your skills in data analysis, machine learning, and cloud computing, making you a more competitive candidate.

Experience Requirements

Typically, employers look for candidates with at least 2-5 years of experience in data analysis, business intelligence, or a related field. Experience with data visualization tools (such as Tableau or Power BI), programming languages (like Python or R), and machine learning frameworks (such as TensorFlow or PyTorch) is often required. Experience in a specific industry can also be beneficial, as it provides context and understanding of industry-specific data challenges.

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