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TOP PAYING PROFESSION IN CANADA

Canada has undoubtedly become one of the beloved destinations for immigrants in the recent past. More than 600,000 worldwide students choose to study in Canada, and many will stay in the country after they graduate, trying to get a good job. The benefits of Canadian immigration plans are one of the key drivers to people choosing Canada as their preferred immigration destination. In addition, immigrants are allured by Canada`s high standard of living, medical benefits, safety and security, stunning geographical locations, and great employment opportunities.  Among the ten biggest paying jobs in Canada we have selected, doctors of different specializations top the chart, but nurses, product owners, and even miners also earn a very high salary.

Career Prospects in Canada

Career prospects in Canada provide great earning opportunities over the next five to ten years, as employers are facing skills shortages. Many industries have the potential of a high income once you reach a position of seniority or leadership. According to statistic Canada, the figure of available job openings throughout Canada reached a record high of 912,600 in the third quarter of 2021.Nothing beats the contentment you get from doing something you love. According to Ted Mallet, CFIB Chief-executive and chief economist, “ businesses will likely respond to these trends by investing more in the capital than labour, along with redistributing wages to key roles in the company. “ There are a few domains like IT, law, or architecture, in which even with an average salary for that profession, you still earn higher than most.

Don’t forget that standard salaries are meant to give you an idea about how much you could earn. But your income will frequently depend on your knowledge, skills and connections. For this reason, the university chosen is very important.

The table below shows the vacancies by provinces in Canada

Provinces Vacancy rate
Ontario 1.9%
Alberta 2.3%
British Columbia 1.4%
Saskatchewan 1.7%
Manitoba 2.4%
Nova Scotia 20.3%
New Brunswick 1.7%
Newfoundland and Labrador 2.3%
Prince Edward Island 0.8%
Northwest Territories 8.9%
Quebec 2.2%
Nunavut 4.3%
Yukon 1.9%

 

IT was one of the quick growing career segments in Canada in 2018.It also continues to allure attention in 2023 due to the booming technological landscape, since programming and development skills are particularly in demand. Salaries are trending upward across numerous industries’. Technology is evolving at an unthinkable pace worldwide, and Canada is well positioned to capitalize on the technology boom, as it has already started to adopt emerging technologies like Artificial intelligence, Agile delivery, Analytics, Security and cloud services.

Even with inflation and an imminent recession, salaries continue to rise because of factors such as skills shortages, talent shortages, rapid job growth, and confident job seekers who aren’t afraid to negotiate for better pay. The business friendly policies and wealth have already attracted giants such as Google, Microsoft, Amazon, and Facebook to establish delivery centres in Canada.  IT industry offers some of the highest rewarding jobs in Canada today. Toronto has also jumped forward in the ranking of “talent markets“, even beating New York. The city of Toronto, for instance, is quickly becoming a booming North American technology hub on par with US cities, as per the New York times in 2022.

Canada IT Industry provide some of the highest paying jobs outside of US cities, with an average annual salary of $81,000. The current political circumstances in the united states has also made Toronto an attractive location for foreign nationals, creating a rich pool of tech and IT graduates. Canada is currently facing a scarcity of technologically skilled professionals and software engineers as it loses many of its sharp, talented college graduates to the attraction of Silicon Valley.

One can find some of the highest paying jobs in Canada IT industry. The most recent pay information, as per the Canadian Immigration website depicts a peak salary of $129,500 in Calgary, compared to $128,000 in Toronto and $127,500 in Vancouver. Canada also offers application friendly programs, like the Global Talent Stream and Global Skills Strategy. This means that if you possess the relevant technology and IT skills, you will have your pick of the better Canadian employers.

This trend is piloted by a desire to enhance the customer experience by creating a top of the line products, personalizing services, and eventually generating profits. The supply and demand opening in Canada is increasing at a rapid pace, and according to research by Robert Half Technology, more than half of IT departments in North America are short staffed or outright understaffed.

Coding skills are known as leaders of this particular pack.

Degrees that might get you that dream Salary in Canada

To land one of the highest paying jobs in Canada, you may want to consider your field of work, the university you choose, and the path that your career needs to take to reach that job. A sample of the bulk of in demand technological and highest paying jobs in Canada includes:

  1. Physician- $209,563 per year or $107 per hour: Being a doctor is in all like hood the best paid profession in Canada. Salaries can go as lofty as $300,000 + per year, especially for surgeons, cardiologists, radiologists or anaesthesiologist.
  2. Business Intelligence Analysts- $80,000 per year or $41.03 per hour:Being a Business Intelligence Analysts normally report high job satisfaction and work life balance. The high industry requests translate to good job security and competitive salaries. And it usually provides a high degree of flexible working arrangement, whether remotely from home or anywhere in the world.
  3. Dentist -$128,915 per year or $66.11 per hour: Dentistry is not covered by state indemnity, therefore dentists are not free to start their own private practices, and this comes with significant earnings.
  4. Cloud Architects-$125,439:This is one of the highest paying section in Canada. The job market for cloud computing office workers is growing rapidly, and there are a variety of career paths you can choose. You can work in corporate IT, as a developer, or even become the CEO or president of a firm in this field.
  5. Psychologist- $97,497 per year or $50 per hour: Psychotherapy is a growing tendency among people, partly because we are becoming more aware of the importance of mental health, partly because the struggles of our times often put extraordinary pressure on a lot of people, so if you study psychology, you can be sure your profession will be in high demand and you will have one of the highest paid jobs in Canada.
  6. IT Project Mangers- $ 85,935 per year or $44.07 per hour: The demand for IT project managers is high, that means that there are many job opportunities and good potential for career growth. Those who can obtain a position as an IT project manager often enjoy a high level of job security and the chance to influence the direction of an organization.
  7. Registered nurse- $73,890 Per year or $37.89 per hour: Nurses might be one of the admired professions in Canada, according to a survey where 92% of Canadians expressed very positive opinions about nurses.
  8. Data Scientists- $94,449 per year or $48.44 per hour: Canada is a great location for data scientists to find job opportunities. Some top industries that employ data scientists in Canada are Technology, Financial services, health care, retail and E commerce, government, artificial intelligence, energy, etc.
  9. Optometrist-$ 110,328 per year: To have the chance of working one of the best jobs in Canada, first you need to get a bachelors and in the case of medical sciences, also a masters if not a PhD as well. According to QS Subject Ranking the best universities for medical sciences are:
  • University of Toronto
  • University of British Columbia
  • McGill University
  • University of Montreal
  • University of Alberta
  • McMaster University

But it is worthy to bear in mind that the prestige of a university doesn’t mean much if it doesn’t prepare you for the work market.

  1. Developers (web, software, mobile)- $78,851 per year or $40.44 per year: Developers have a high rate of employment and likelihood of permanent residency. Due to a great request for web developers in Canada, web development related positions are included in the NOC list (National Occupation Code in Demand List), making Canada a great country to immigrate for permanent residency.
  2. Product owner-$ 97,500 per year or $50 per hour: The product owner facilitates communication between you and your team. The product owner chef duty is making sure all the stakeholders communicate with each other smoothly. They act as a viaduct that links the world of development with the world of stakeholders.
  3. Full Stack Developer- $85,207 per year or $43.70 per hour: This domain is one of the most liked today and the one is fast changing and evolving. You won’t get perforated working in IT and mostly likely your job will look different after a few years because technology changes every year. No wonder Full Stack Developers top the chart as some of the highest paid jobs in Canada.
  4. IoT Specialists- $100.000 per year or $51.28 per hour: This career choice provides education and training requirements, very high earning potential as shown above, remote work potential and upward trajectory.
  5. Architect- $99,032 per year or $50.79 per hour: If you love skill and craft but you also want to have one of the highest paid jobs in Canada, architecture is the answer. This is a career that offers great financial security being always in demand, irrespective of where you want to live. It’s also fulfilling since it serves a great purpose for human life and allows for a great deal of creativity.

According to QS Subject Ranking the best universities for Architecture are:

  • University of British Columbia
  • University of Toronto
  • McGill University
  • University of Waterloo
  • University of Montreal
  1. Security Professionals (data, information, network, systems, cloud)-$77,287 per year or $39.63 per hour. This career allows you to have flexible working hours, positive career outlook, people oriented and flexible options for independent and teamwork settings.
  2. Mining Industries- $79,755 per year per $40.90 per hour. Mining is not for everybody. It comes with high dangers, and it takes great personal stamina to do the work, but the pay is significant as well.

According to QS Subject Ranking the best universities for Architecture are:

  • McGill University
  • Queen University at Kingston
  • University of British Columbia
  • University of Alberta
  • University of Toronto
  1. Lawyer- $99,924 per year: If you are persuaded to study law, you should know that not all lawyers do the same work, and there are quite differences in how a prosecutor’s life looks like compared to that of a divorce lawyer for example. Choose based on your distinctive interests, but if you want to take salary into consideration, you should look into intellectual property law and corporate law.

According to QS Subject Ranking the best universities for law are:

  • University of Toronto
  • McGill University
  • University of British Columbia
  • University of Ottawa
  • University of Montreal

How to get the applicable skills for the jobs shown above?

If you are wondering how to get the skills for the jobs listed above, but not sure how, you are in the right place. The key to this is to plan thoroughly. The gap between the median pay of certified and non-certified staff is approximately $15,913, or 22 percent. With focus and motive, it is possible to find your desired job in Canada in your field. Main thing is your resume (or CV). Ensure you have the proper resume format before sending your resume to employers in Canada. Poorly written resumes that list tasks rather than personal achievements will hinder you from making an impact and stop you from getting a job in Canada before even reaching the interview stage. A survey was conducted on HR line managers to get their view regarding certifications and their impact on recruiting decisions.

The key findings are:

  • 96% of HR managers utilize certifications as screening or hiring criteria during recruitment.
  • 66% of managers use credentials to distinguish between equally qualified candidates.
  • 72% of managers require a certification for determined job roles.
  • 60% of managers use certification to measure a candidate expertise