As per a report by Statista, the Canadian economy is one of the largest in the world and is forecasted to reach US$2.62tn in 2026. Not only this, the country is also one of the popular study-abroad destinations owing to its lower tuition fees and higher Return on Investment (RoI) when compared to other countries like the US, the UK, and Australia.
The average annual salary in Canada for skilled workers is decently high too and ranges between CAD 54,600 and CAD 105,000. This salary may vary depending on the job type, experience, skills, and employers.
Read this article to know about the high-paying jobs in Canada, top industries, the process to explore the best employment opportunities, and more.
Canada offers some of the best employment opportunities in every sector. The following table enlists some of the popular job titles along with their remuneration:
Job Title
Description
Average salary
Electrical and Electronic Engineering Technologies/Technicians
The technology sector is growing, and the Canadian job market offers immense job prospects for electrical engineers.
The average salary for an electrical engineer in Canada is around CAD 71,358 per year.
Computer Engineering Technologies/Technicians:
Computer engineering, both software and hardware, is the need of the hour. The tech giants hire computer engineers in big numbers regularly. Canada has a promising job market for software engineers.
The average annual salary for a computer engineer is around CAD 78,424.
Nursing
Nursing is one of the most promising careers in the present times. It is a lucrative opportunity for experienced nursing professionals to work with top public sector and private sector hospitals in Canada.
An average yearly salary of CAD 54,674 yearly is offered to nurses.
Software Developer
IT firms and various sectors in Canada have a huge demand for skilled and experienced software developers. These professionals write, modify, integrate, and test computer codes for communications software and data processing.
The average salary of a software developer in Canada is approximately CAD 68,476 yearly.
IT Business Analyst
Tech giants like Amazon and Infosys hire individuals for IT Business Analyst profiles frequently.
Business Analysts usually get a package of CAD 67,088 yearly.
Data Scientist
Data Science offers a promising and high-paying career. The demand in Canada is huge, especially when the employees are skilled and experienced.
The average salary ranges between CAD 54,800 to 112,300 yearly.
Network Engineer
Remote working has caused a rise in demand for network engineers. The network, programs and servers are managed by a Network Engineer.
The average salary of a Network Engineer in Canada is CAD 72,223 yearly.
Recruitment specialist
The recruitment specialist takes care of the entire recruitment, staffing, and talent acquisition responsibilities.
The average salary of a recruitment specialist is CAD 48,636 yearly.
HR manager
A human resource manager is responsible for handling the HR department and guiding the various functions of HR executives and professionals. The opportunities are immense in Canada, as the top companies like Deloitte, EY, Infosys, and KPMG hire HR managers regularly.
The average salary of an HR manager in Canada ranges CAD 71,773 yearly.
Sales manager
The opportunities for sales and marketing are immense in the top-ranked global companies in Canada. It is a lucrative job prospect for individuals with good marketing skills. A sales manager is a senior leader, and global brands consider hiring skilled ones worldwide. Canada is home to some of the best organizations that pay the maximum for sales profiles.
The average salary of a sales manager in Canada is around CAD 63,120 yearly.
Marketing analyst
Data plays a vital role for organizations in sustaining through competition. A marketing analyst is a lucrative career in Canada, as all organizations and firms in Canada hire marketing specialists who gather, analyze, and interpret the data available to design the right business strategies and marketing plans. The demand is high, and with the right skills, it is easy to get employed with global brands in Canada.
On average, a marketing analyst earns around CAD 51,262yearly.
Operations Manager
Various sectors in Canada are employed in the production of goods and services. Hence an operations manager is always going to be in demand. The companies offer lucrative salary packages to those with skills and experience in operations and management.
The average salary of an Operations Manager in Canada is around CAD 70,874 yearly.
Surgeon
Medicine is one of the top-paying sectors. Surgeons are of varied disciplines, but the ones who are the best paid include cardiac surgeons, Ophthalmologists, Oncologists, and Neurosurgeons.
The salary of a surgeon, on average, is around CAD 195,418 yearly. However, it depends upon the specialization.
Lawyer
Professionals skilled in labor law, corporate law, criminal law, and domestic law are the most in demand. Canada has some renowned law firms and multinationals.
The average salary of a lawyer is around CAD 76,772 yearly.
Finance Manager
The multinationals and globally recognized brands in Canada offer high salary packages to finance managers. The managerial positions are always lucrative, and the salaries are impressive too.
The average salary in Canada for a finance manager is roughly around CAD 79,193 yearly.
The average salary varies from region to region in Canada. It depends on the cost of living and other factors of that particular region, which impacts how much wage or pay you will be getting.
The following are the figure-
Region
Hourly Salary (in CAD)
Weekly Salary (in CAD)
Yearly Salary (in CAD)
Saskatchewan
45.35
1,701
88,428
Alberta
38.07
1,428
74,237
British Columbia
33.97
1,274
66,232
Ontario
32.50
1,219
63,369
Quebec
29.49
1,106
57,506
Nova Scotia
29
1,088
56,550
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The Canada hosts the largest number of international students from across the world. Over the past few years, it has become one of the most popular destinations for studying abroad. Reasons such as best-ranked institutions, excellent support facilities, flexible academic environment, and cultural diversity contribute to making it the most preferred destination amongst students planning to study abroad.
Most Growing Industries in Canada:
Listed below are industries booming in Canada:
Healthcare:
General medical and surgical hospitals that maintain beds and provide outpatient and pharmacy services make up the country’s healthcare, which is expected to generate $69.2 billion in revenue by 2022. The public sector funds 70% of Canada’s healthcare system, while the private sector funds 30%. Canada’s largest hospitals include Vancouver General Hospital, Rockyview General Hospital, and University of Alberta Hospital.
Commercial Banking:
The Commercial Banking industry in Canada generated $240.1 billion in revenue in the year 2022, and it is expected to rise moderately between 2021 and 2026 as the economy normalizes and recovers from the effects of COVID-19. The major market shareholders in the business are Toronto-Dominion Bank, Royal Bank of Canada, and Canadian Imperial Bank of Commerce.
IT Advisory Services:
The IT Consulting Industry will generate $67.1 billion in revenue in 2022, thanks to the rising demand for cloud-based services, mobile apps, and industry-leading software solutions. Both private and public sector organizations are responsible for designing and managing information technology (IT) systems in this business. IBM Canada Limited is one of the country’s largest market stockholders in the IT Consulting sector.
Chemical and Petroleum Industry:
Growth in domestic oil production and increased demand from downstream industries are expected to drive this industry’s high sales volume for at least the next four years. Gasoline and Petroleum Bulk Stations will generate $202.7 billion in sales in 2022, with Shell Canada Limited, Suncor Energy Inc., and Imperial Oil Limited as the largest market shareholders.
Difference between the Median and the Average Salary
Median salary refers to the income that lies exactly in the middle of the salaries in a profession. On the other hand, the average salary is the mathematical mean of all the income earned by the number of individuals for a particular position. The maximum average salary in Canada is around 534,000 CAD or INR 31189445 annually. The median salary is approximately 112,000 CAD or INR 6541606 per year, which means 50% of the population is earning more and the other half percent of the population is making less than 112,000 CAD.
Both median and the average are salary indicators. If your salary is higher than both, it indicates that you are earning well. And if it falls below the mark, there is room for improvement.
Highest Average Annual Salary in Canada: Job Sectors
The average salary in Canada, in 2020 is recorded to be CAD 1,050.59 or INR 61362 weekly and CAD 54,630 or INR 3190785 yearly. This year, the annual average salary has a 4% hike than the previous year, representing an increased growth rate.
Here is a list of increased salary in Canada in 2020,
Accommodation and Food Services – $22,877.92 or INR 1728837 (+6.4%)
Administration and Support – $47,369.92 or INR 3579722 (+9.4%)
Arts, Entertainment and Recreation – $40,241.76 or INR 3041052 (+26.3%)
Construction – $68,374.28 or INR 5167091 (+3.2%)
Education – $58,343.48 or INR 4409038 (+6.5%)
Finance and Insurance – $76,843 or INR 5807793 (+9.1%)
Forestry and Logging – $58,739.20 or INR 4439493 (-8.9%)
Health Care and Social Assistance – $52,888.68 or INR 3997275 (+8.4%)
Information and Culture Industries – $71,634 or INR 5414097 (+4.3%)
Management of Companies and Enterprises – $74,560.72 or INR 5635244 (+0.0%)
Manufacturing – $59,250,36 or INR 447814220 (+1.6%)
Mining, Oil and Gas Extraction – $113,506.12 or INR 8578783 (+3.1%)
Professional, Scientific and Technical Services – $76,077.56 or INR 5749899 (+2.0%)
Public Administration – $75,799.88 or INR 5728888 (+9.3%)
Real Estate (Rental/Leasing) – $58,623.76 or INR 4430726 (+14.6%)
Retail – $34,503.04 or INR 2607736 (+8.0%)
Transportation and Warehousing – $61,011.08 or INR 4611211 (+6.7%)
Utilities – $101,531.04 or INR 7673712 (+1.6%)
Wholesale Trade – $67,456.48 or INR 5098324 (+2.8%)
Pursue Higher Education in Canada to Get the Best Employment Opportunities
Canada offers easy immigration policies and programs like SDS (Student Direct Stream) and PGWP (Post-Graduation Work Permit), motivating international students to look for work opportunities after the completion of their courses. The job market is robust and dynamic and offers employment opportunities with high salary packages. Faculty members with international repute, globally ranked research centers, and world-class educational facilities have made Canada one of the most preferred destinations for overseas education. To understand this in detail, let us go through the top reasons why Canada is an ideal destination for higher education and work opportunities:
Top universities
Canada is home to top 100 universities in the world. Some of the notable universities, like the University of Toronto, the University of British Columbia, and the University of Alberta, attract students from all over the world. These universities offer valuable degrees to international students that are recognized by multinationals and conglomerates.
Part-time job opportunities
Students at Canadian universities are allowed to enroll in part-time job opportunities. They can work off-campus and on-campus for 20 hours a week, and during the weekend or holidays, they can work for 40 hours. This way, international students from Canadian universities get the required corporate exposure and are also able to manage their expenses.
Canada is a developed economy
Canada is a developed country. The opportunities are immense, and international students studying at Canadian universities always find the best opportunities and salary packages. It is one of the most popular economies in the world and has a low unemployment rate.
Research-based degrees
The Canadian government helps research scholars with opportunities and funding during coursework. Canadian research work holds global rank, and students are easily placed in the top multinationals with an impressive salary package.
Post-study work permit
Canada is a welcoming country that believes in retaining individuals with talent and skills. Through programs like PGWP and SDS, international students are granted work permits after the completion of a course or degree. This has been one of the reasons why Canada is chosen by meritorious students from all over the world to study.
upGrad Study Abroad brings you to study MBA in University of Canada West, one of the best universities in Canada with affordable expenses. It allows you a hybrid program in Canada and India cutting the cost of course to almost 1/5th. You can complete your online certification with IMT Ghaziabad and then apply to UCW in Vancouver, Canada, if you match the eligibility criteria.. You can furthermore pursue your dream of studying abroad.
What is the average salary for a software engineer in Canada?
The average software engineer income is $94,309 per year ($48.36 per hour) in Canada. Entry-level jobs start at $78,000 per year, with the highest-paid individuals earning $135,086 per year.
What is the average salary per hour in Canada?
In Canada, the average yearly salary is CAD 39,127, or CAD 20.07 per hour. Entry-level jobs start at CAD 34,125 per year, with the highest-paid individuals earning up to CAD 72,249 per year.
What is eligibility for a Post Study Work Permit in Canada?
You must have completed a full-time course in Canada that lasted at least eight months. Within 180 days of finishing your degree, you must apply for a work permit. You must have formal confirmation from the college/university that this is true—a transcript or an official letter. When applying for the PGWP, you must have a valid student visa. You must have completed a full-time course in Canada that lasted at least eight months.
What is the average salary of mechanical engineers in Canada?
The average salary of a mechanical engineer in Canada is approx. $55,000 or INR 3212781per annum. It is generally $45,000 or 2628639 per year for entry-level employees, and for experienced workers, it can be as high as $78,000 per year.
How much is the average salary after MS in Canada?
The average salary after MS in Canada is approximately $68,000 or INR 3972166 annually.
How much is the average salary in Canada after an MS in computer science?
The average salary in Canada after MS in computer science is nearly CAD 62,615 (INR 36 lakh) per year or CAD 32.11 (INR 1,869) per hour.
Gauri Agrawal is a passionate, professional and proactive content marketer who wants to grow in the field of content creation.
She carries a rich experience of working in the Digital News sector with renowned names like Times Now Digital, and News X as a Copy Editor.
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