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Average Salary in Canada 2024

Average Salary in Canada 2024

“What is the average salary in Canada you will get?” This thought is in everyone’s mind who is planning to immigrate to Canada.

We all know that Canada is full of opportunities and growth. Due to this one reason not only Indians, the whole world wishes to move to Canada and settle there. When we talk about Average salary in Canada, we should first see the skills, profile and professional degrees of that person as the salary in Canada completely depends on the skills and experience.

As a job seeker or an employee, understanding the average salary in Canada is vital for making informed decisions about your career. Canada’s economy is robust and offers numerous job opportunities across various industries. Therefore, knowing the average salary range for your profession can help you negotiate a fair wage or evaluate job offers. In this guide, we will explore the average salary in Canada by industry, province, and occupation.

Data of Average Salary in Canada after Covid-19

A fresh collection of data has been released by Statistics Canada which highlights wage and salary growth in different sectors and industries across the country. By analyzing and reviewing this data, it is possible to answer some important questions about the state of the Canadian economy in 2024-23 and highlight certain industries that employ large numbers of people. It’s also an opportunity for young people entering the workforce to use this data to see the sectors and areas where their skills will be valued, and target their job searches in these areas. It is important to note that the majority of the following data was gathered during the COVID-19 pandemic.

The necessary shutdowns and distancing measures to combat this devastating virus have undoubtedly had an enormous economic impact, the full extent of which will not become fully clear for years to come.

What is the Average salary in Canada in 2024?

The average salary in Canada in 2024 has risen 5% since January of 2021. As of January 2024, the average salary in Canada in 2024 was $1,055.60 per week for employees across the country – which means that the annual average salary in Canada for full-time employees is just over $56,520 per year. This actually represents an increased rate of growth, as Canadian salaries previously were found to have grown by an average of 2.7% year to year.

Average Salary in Canada by Industry

The Canadian job market comprises various industries, including healthcare, finance, technology, and many more. The average salary in Canada varies across these industries, and understanding the salary range in your field can help you set realistic salary expectations.

  1. Healthcare Industry: The healthcare industry is one of the highest-paying industries in Canada. Physicians, specialists, and surgeons are the highest-paid professionals in the healthcare sector, with an average annual salary of $186,000. Nurses and other healthcare workers earn an average annual salary of $60,000 to $100,000.
  2. Finance Industry: The finance industry is also one of the highest-paying industries in Canada. Financial managers, investment bankers, and accountants are the highest-paid professionals in this sector, with an average annual salary of $100,000 to $150,000.
  3. Technology Industry: The technology industry is a growing sector in Canada, with numerous job opportunities and high salaries. Software developers, IT project managers, and data scientists are the highest-paid professionals in the tech industry, with an average annual salary of $90,000 to $130,000.
  4. Retail Industry: The retail industry is one of the lowest-paying industries in Canada. Sales associates and cashiers are the lowest-paid professionals in this sector, with an average annual salary of $25,000 to $35,000.

Average Annual Salary in Canada by Province and Territory (data from January 2024)

The average salary in Canada varies across provinces, and understanding the salary range in your province can help you make informed decisions about your career.

  1. Ontario: Ontario is the most populous province in Canada and has a diverse economy. The average salary in Ontario is $57,000, with Toronto being the highest-paying city.
  2. Alberta: Alberta has a booming economy, thanks to its oil and gas industry. The average salary in Alberta is $63,000, with Calgary being the highest-paying city.
  3. British Columbia: British Columbia has a strong economy, with a focus on forestry, mining, and technology. The average salary in British Columbia is $59,000, with Vancouver being the highest-paying city.
  4. Quebec: Quebec is a predominantly French-speaking province with a diverse economy. The average salary in Quebec is $52,000, with Montreal being the highest-paying city.
Province Salary
Northwest Territories$87,670 (+5.5%)
British Columbia $57,416 (+5.6%)
Yukon$66,812 (+5.0%)
Nunavut$99,355 (+20.2%)
Québec $51,735 (+5.8%)
Nova Scotia $50,450 (+4.5%)
Ontario$55,524 (+3.8%)
Prince Edward Island$48,932 (+4.7%)
Newfoundland and Labrador$65,358 (+2.4)
New Brunswick$49,511 (+3.9%)
Manitoba$52,661 (+1.1%)
Saskatchewan$57,371 (+2.1%)
Alberta$65,865 (+4.2%)

Average Salary in Canada by Job Sector

Average Salary in Canada by Job Sector

The average salary in Canada varies by occupation, and knowing the salary range in your field can help you set realistic salary expectations.

  1. Management: Management positions are some of the highest-paid occupations in Canada, with an average annual salary of $100,000 to $150,000.
  2. Engineering: Engineering is a well-paying field in Canada, with an average annual salary of $80,000 to $110,000.
  3. Sales: Sales positions offer a wide salary range, with the average annual salary ranging from $40,000 to $90,000.
  4. Trades: The trades industry offers various job opportunities, and the average annual salary ranges from $40,000 to $70,000.
Job Profile Salary
Accommodation and Food Services$28,977.92 (+6.4%)
Administrative and Support $52,349.92 (+9.4%)
Arts, Entertainment and Recreation$45,242.77 (+26.3%)
Construction$70,354.28 (+3.2%)
Education$62,343.42 (+6.5%)
Finance and Insurance$82,843 (+9.1%)
Forestry and Logging$59,739.20  (-5.9%)
Health Care and Social Assistance$63,898.68 (+8.4%)
Information and Culture Industries$75,654 (+4.3%)
Management of Companies and Enterprises$77,750.72 (+0.2%)
Manufacturing$62,250,36 (+1.6%)
Mining, Oil and Gas Extraction$117,506.12 (+3.1%)
Professional, Scientific and Technical Services$82,077.56 (+2.0%)
Public Administration $75,825.88 (+9.3%)
Real Estate (Rental/Leasing)$62,623.76 (+14.6%)
Retail $37,503.04 (+8.0%)
Transportation and Warehousing$66,011.08 (+6.7%)
Utilities$121,531.04 (+2.6%)
Wholesale Trade$68,456.48 (+2.8%)

Highest paid jobs in Canada per year:

jobs Salary
Specialist physicians $117,00-$375,000
Staff Nurses $69,336 – $89,835
Dentist $53,805 – $213,671
Physiotherapist $78,000 – $95,256
Lab Technician $46,810 – $65,265
Teachers $45,569 – $65,256
Microbiologist $76,109 – $86,659
Family physicians $58,015 – $310,054
Lawyers $48,630 – $146,431
Federal judges $308,600- $396,700
Senior managers of Goods Production, Utilities, Transportation, and Construction$75,159 – $141,569
Senior managers in Finance and Communications$77,805 – $129,629
Actuaries $45,820 – $129,740
Engineering managers $68,100-$172,000
Airline pilots $35,233 – $146,274

The lowest paying jobs in Canada:

Job Salary
Sewing machine operator $22,514 – $41,546
Cook, fast food  $20,994 – $26,026
Cashier $21,183 – $29,156
Dishwasher $21,286 – $28,540
Bartender$20,091 – $42,837
Restaurant host/hostess $21,113 – $29,120
Service station attendant$21,052 – $32,357
Food and beverage server$22,360 – $30,369
Food counter attendant / kitchen help$21,184 – $32,888
Babysitters, nannies, and parent’s helpers$20,880 – $37,354

Bartenders and wait staff, particularly at higher end establishments, can make very comfortable incomes with low hourly wages but the bulk of their income coming from tips.

In conclusion, understanding the average salary in Canada by industry, province, and occupation is crucial for making informed decisions about your career. This guide provides a comprehensive overview of the average salary in Canada and should help you set realistic salary expectations.

Hopefully, Knowing the Average Salary in Canada for Indians mentioned above will encourage you to apply for Canada Permanent resident from India.

Our office is in South Delhi. You can come in the office directly for any immigration process query. But it will be beneficial for you complete your free assessment visa form before the meeting. So that the consultant has all the knowledge about your profile and he can guide you properly.

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