The Government of Canada has announced its intention to merge BDC and EDC. Today, BDC remains BDC, and we remain fully committed to Canadian entrepreneurs. To learn more, click here.

The Government of Canada has announced its intention to merge BDC and EDC. Today, BDC remains BDC, and we remain fully committed to Canadian entrepreneurs. To learn more, click here.
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September 2020

Executive Compensation at VC-Backed Tech Firms

Explaining the Canada-U.S. Gap

What does the average tech executive make in Canada? And how does it compare to their American peers?

This report presents the first ever comparison of Canadian and American executive compensation in the tech sector. The data provides a realistic benchmark for compensation trends in the sector before the COVID-19 crisis.

Some of the highlights of this report include:

  • The average compensation gap between Canadian and American VC-backed tech executives.
  • Average salary per region, position, funding round, amount of capital raised and technology sector in Canada and the U.S.
  • 3 factors that can help explain the gap between Canadian and American executive compensation in VC-backed companies.

Get your free copy of the report

Download study (PDF)