With the job market growing steadily, many people are wondering which jobs are going to be the most rewarding and highest paying in Canada this year. Well, look no further! We’ve taken our top 10 list of highest paying jobs in Canada and listed them below, complete with wage estimates, projected growth rates and more! So without further ado, here are the Top 10 Highest Paying Jobs in Canada in 2022!
1) Full-time national median wages
In October, 2017, according to Statistics Canada, full-time employment accounted for 70% of total employment. People who were employed full-time earned a median hourly wage of $25.85 per hour (in 2013 dollars). Median wages varied by occupation and industry, ranging from less than $14 per hour for occupations unique to primary industries (such as fishers and hunters) to over $34 per hour for information systems analysts and consultants. Note that there are some top jobs within various fields which will have even higher salaries associated with them due to demand. For example – experienced computer engineers can earn upwards of 100K or more a year but average salary for such positions is about 75K/year.
2) How much money do professionals make?
If you’re looking to make a big change, you may be tempted to pursue a career in law or medicine. And while there are certainly high-paying jobs out there, keep in mind that such positions can also carry extremely long hours and relatively low job security. If you’re starting a family soon, it might be wise to avoid professions that require heavy time commitment early on. It’s also important to look at local differences: salaries aren’t nearly as high when compared with major cities like Toronto and Vancouver. If a lower cost of living is more important than maximizing income, consider pursuing careers that pay well where you live — including these top ten highest paying jobs across all occupations in Canada.
3) The top ten highest paying jobs in Canada right now
1. Dentists 2. Physicians and Surgeons 3. Chiropractors 4. Chief Executives 5. Audiologists 6. Psychiatrists 7. Industrial Production Managers 8. Aerospace Engineers 9. Computer Systems Analysts 10 Electrical Engineers: __ Salaries increase annually due to many factors like speciality, level of education and cost of living increases every year.
4) Financial advisers, investment managers and portfolio managers
If you’re interested in making some serious cash, then look no further than a career as a financial adviser, investment manager or portfolio manager. These professionals earn an average annual income of $120,000-$280,000—and with bonuses and commissions taken into account, that number is likely to be much higher. What’s more? Most financial advisers won’t require you to start from scratch: According to Investopedia , most large firms have entry-level positions for those who have an undergraduate degree but not an advanced one. In other words: If you already have a bachelor’s degree, most big firms will train you for free (yes!) and will pay you well for doing it. That sounds like quite the deal!
5) Actuaries, statisticians and economists
Statisticians, economists and actuaries are three of the top-paying jobs in 2016. Statisticians will be worth more than $89,000 while economists can expect to earn more than $75,000 and actuaries more than $68,000. As an actuary you’ll work with other professionals to design insurance policies, conduct risk analysis and examine performance and trends within a particular industry or business sector. The work is performed using mathematical models that require advanced analytical skills. These types of careers tend to require a post-secondary education or relevant professional designation so it’s important to have a degree prior to looking for employment as a statistician, economist or actuary.
6) Computer engineers, architects, and surveyors
with these jobs on your resume, you’ll be able to enjoy a comfortable income. These are just some of the highest paying jobs in Canada for 2015. If you have a technical background and knowledge that can help companies solve problems or develop new products, then becoming a computer engineer may be for you. The U.S Bureau of Labor Statistics (BLS) reports that as of May 2014, computer engineers earned an average salary of $89,680 CAD per year. One advantage of being a computer engineer is that entry-level positions generally require only a bachelor’s degree; however, applicants with experience and skills may apply for senior positions with higher pay scales.
7) Managers in health care occupations (except registered nurses)
It doesn’t take a rocket scientist to figure out why health care managers are rewarded so handsomely. In fact, it takes no particular education at all—the highest-paying health care manager jobs require no postsecondary education and pay on average $48.54 an hour. Managerial staff who work in hospitals make $34.93 an hour, and administrative managers who coordinate activity across departmental lines earn $30.32 hourly on average. If you have some business or administration experience under your belt, you could apply for one of these managerial jobs and enjoy steady long-term growth with minimal additional training or schooling required to advance your career up through management ranks from there—and possibly earn even more money down the road!
8) Lawyers, judges, magistrates and other judicial officials (experienced lawyers included too!)
If you’ve graduated from law school and are licensed to practice, congratulations! Not only have you just landed a great career, but one of Canada’s highest paying jobs. According to CareerBeacon.ca, these positions pay well over $100,000 on average. You’ll spend your days working with clients on their legal issues and overseeing trials or cases. It’s a fulfilling job that often comes with respect, power and autonomy—but also long hours and lots of pressure as well. If becoming a lawyer is what you want to do for a living, try getting involved in local organizations like your student law society or university’s alumni association.
9) Financial planners and advisors
According to Statistics Canada, financial planners and advisors in Ontario earn an average annual salary of $85,070. That’s more than twice as much as the average Canadian wage. And yet their numbers are relatively small: In 2013 there were just 5,290 certified financial planners and advisors working in Ontario; that’s less than 1 per cent of all paid employees. Financial advisors help Canadians plan their retirement, sort out investment plans or structure complicated transactions involving foreign markets (like a cross-border merger). Few jobs are set to grow at such a fast rate over the next decade (it’s expected that around 60 per cent will require a college degree) making it one of our fastest growing jobs for 2017.
10) Chief Executives, Legislators (MPs), Senior Government Officials and Mayors
The highest paying job, according to our ranking, was that of Chief Executive Officer. We included Mayors and Legislators in our list as well. Given their broad scope of responsibility, it comes as no surprise that these professions ranked highly among those with lucrative careers. These positions require a large amount of manpower and are some of the most influential roles at organizations and corporations across Canada. Their salary levels can increase when considering bonuses and stock options for top performers. A General Manager’s salary can range from $80K- $300K depending on experience and location of work/company. Our second highest paying job was an MP (Member of Parliament) who will make up to $165k per year when all compensation is included.