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VP of Innovation Salaries in Red Deer, AB

• What is the average VP of Innovation salary for Red Deer, AB?
  How much does a VP of Innovation in Red Deer, AB make? The median annual VP of Innovation salary in Red Deer, AB is C$272,765, as of September 23, 2026, with a range usually between C$238,452-C$314,426 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title VP of Innovation 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 VP of Innovation in Red Deer, AB.

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• About this chart
  This chart describes the expected percentage of people who perform the job of VP of Innovation in Red Deer, AB that make less than that salary. For example 50% of the people who perform the job of VP of Innovation in Red Deer, AB are expected to make less than the median.
  Source: HR Reported data as of September 23, 2026

• Job Description for VP of Innovation
  Develops the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Articulates an innovation strategy and defines objectives and measures aligned with overall company goals that add value to stakeholders. Champions innovation projects and oversees resources and budgets. Seeks out new opportunities with partners or alliances that support innovation efforts. Collaborates with internal teams and promotes a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. View full job description

• Similar Job titles to VP of Innovation
  • Innovation Analyst III
  • Innovation Analyst IV
  • Innovation Director
  • Innovation Manager
  • Innovation Senior Manager
  • VP of Accounting
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• Level of Education
  • VP of Innovation Salaries with No Diploma
  • VP of Innovation Salaries with a High School Diploma or Technical Certificate
  • VP of Innovation Salaries with an Associate's Degree
  • VP of Innovation Salaries with a Bachelor's Degree
  • VP of Innovation Salaries with a Master's Degree or MBA
  • VP of Innovation Salaries with a JD, MD, PhD or Equivalent

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• Categories that include VP of Innovation
  • Science and Research
  • Consulting Services
  • Financial Services
  • Marketing
  • Planning

• VP of Innovation 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

• Science and Research Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K