Average Salary in Canada (2022)
A vast majority of skilled employees from around the world wish to settle in Canada because of the lucrative job opportunities and salary packages offered here.
The average salary in Canada for skilled workers ranges between CAD 54,600 and CAD 105,00, annually.
Also, it is important to note that the average salary in Canada may vary depending on the job type, experience, skills, and employers.
If you are moving to Canada, or already live here and are doing some research, then the most important factor that you are thinking about is income. You want to make sure that the new opportunity you are considering has a promising salary. In fact, you want to make enough to spoil yourself in Canada, as it’s such a beautiful country to do so in.
Average Salary in Canada (2022)
$54,630 per year
$4,552 per month
The average salary in Canada is $54,630 per year or $1050 per week (gross income). The average hourly wage rate in Canada is $ 29.51, considering both full- and part-time employees (Source: Statistics Canada, Employee wages by industry, annual).
The Average Salary in Canada Province-Wise:
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.
Following are the figure-
Here are the 2022 average salary by location:
PROVINCE | 2021 | 2022 | % OF CHANGE |
Alberta | $61,865 | $60,000 | a decrease of 3.06% |
British Columbia | $53,416 | $50,749 | a decrease of 5.12% |
Manitoba | $49,661 | $59,426 | an increase of 17.9% |
Newfoundland and Labrador | $55,508 | $57,900 | an increase of 4.2% |
Nova Scotia | $48,470 | $45,900 | a decrease of 5.45% |
New Brunswick | $49,511 | $43,400 | a decrease of 12.34% |
Northwest Territories | $65,017 | $64,056 | a decrease of 1.48% |
Nunavut | $87,355 | $82,875 | a decrease of 5.13% |
Ontario | $55,524 | $52,600 | a decrease of 5.23% |
Prince Edward Island | $45,912 | $44,700 | a decrease of 2.7% |
Quebec | $51,735 | $53,300 | an increase of 3.03% |
Saskatchewan | $54,371 | $51,300 | a decrease of 5.65% |
Yukon | $61,812 | $67,207 | an increase of 8.73% |
While the average Canadian income has decreased slightly, this does not imply that there were decreases province and territory wide
The average wage remains high in historically prosperous regions like:
British Columbia
Northwest Territories
Yukon
Nunavut
Alberta
The Range of Salaries in Canada
The salary range in Canada ranges between 30,200 CAD or INR 1763897 to an average salary of 534,000 CAD or INR 31189445.
Salary with Respect to Experience
You get a 32% hike in wages when you are working for 2-5 years.
A 36% hike in salary for working 5-10 years.
A 21% raise in salary for an experience of 10-15 years.
14% hike for 15-20 years, and
9% rise for 20+ years.
Rise of Salary with Respect to Education Level
An employee gets a 17% hike in salary after completing High School and a Certificate or Diploma course.
A 24% hike for bachelor’s degrees.
A 29% rise after completing a master’s degree.
And, a 23% rise for Ph.D. holders.
Salary comparison by Gender: Men in Canada earn 5% more than females on average in every career field.
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.
Popular Salaries
Deviation from the national average salary | |||
---|---|---|---|
Pharmacist | $96,800/year | +77% | |
Software Developer | $77,236/year | +41% | |
Lawyer | $75,300/year | +38% | |
Project Manager | $74,654/year | +37% | |
Truck Driver | $64,800/year | +19% |
Industries With The Most Growth In Canada:
The University of Toronto, McGill University, and University of British Columbia are among the 28 Canadian universities in QS World University Rankings 2022. Because of its reputation for unrivaled educational excellence and good student life, Canada consistently ranks first among the best study destinations in the world.
Apart from deciding on a study place, the next step for aspiring foreign students is choosing the ideal course.
Choosing a degree is an essential aspect of the international equation journey because it depends not only on one’s abilities and educational background but also on how one perceives himself succeeding in a future-ready industry.
Listed below are industries booming in Canada:
Healthcare
Commercial Banking
IT Advisory Services
Chemical and Petroleum Industry
FAQ:
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.
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.
The average salary after MS in Canada is approximately $68,000 or INR 3972166 annually.
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.
The first step towards moving to Canada is to get an assessment of your specific situation. Call us today at 1+613.222.7154 for an assessment to see if you are eligible to move to Canada, or fill out our online assessment form.