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Product Development Manager Salaries in Toronto, ON

• What is the average Product Development Manager salary for Toronto, ON?
  How much does a Product Development Manager in Toronto, ON make? The median annual Product Development Manager salary in Toronto, ON is C$139,339, as of August 26, 2026, with a range usually between C$121,916-C$161,027 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Product Development Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Product Development Manager in Toronto, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Product Development Manager in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Product Development Manager in Toronto, ON are expected to make less than the median.
  Source: HR Reported data as of August 26, 2026

• Job Description for Product Development Manager
  Manages the staff, resources, and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Incorporates research and concept development projects and capabilities with market analysis, industry intelligence, and customer monitoring to support product roadmaps and innovate new products, enhancements, and redesigns. Coordinates with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products meet development targets and support the organization's financial goals. Develops teams with the knowledge and expertise to fulfill product development objectives. Typically requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View full job description

• Similar Job titles to Product Development Manager
  • Backend Development Manager
  • Business Development Manager
  • Insurance Product Development Analyst II
  • Insurance Product Development Analyst III
  • Product Design Manager
  • Product Development Analyst I
  • Product Development Analyst II
  • Product Development Analyst III

• Level of Education
  • Product Development Manager Salaries with an Associate's Degree
  • Product Development Manager Salaries with a Bachelor's Degree
  • Product Development Manager Salaries with a Master's Degree or MBA
  • Product Development Manager Salaries with a JD, MD, PhD or Equivalent

• Most Popular Cities for Product Development Manager in Canada
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  • Oshawa, ON Product Development Manager
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• Categories that include Product Development Manager
  • Engineering
  • IT - All
  • Manufacturing
  • Retail/Wholesale

• Product Development Manager Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Engineering Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K