Top 20 Highest-Paying Jobs in Canada

Jobs with high salaries are hard to come by in today’s job market. With the cost of living on the rise and the economy still recovering from the recession, many people are looking for ways to increase their earnings. One way to do this is to move to a country with a strong economy and plenty of high-paying jobs.

Living and working in Canada is one of the best things you can do around the world. A strong economy and a large number of high-paying jobs make it a good place to live. Several Canadian jobs pay over $100,000 per year.

The recent immigration boom in Canada is a testament to the popularity of the country among immigrants. The benefits of Canadian immigration policies are a major reason why people choose Canada as their preferred immigration destination. Canada’s stunning geographic location, great employment opportunities, and medical benefits are also reasons why immigrants migrate to Canada.

Are you wondering what are the best highest-paying jobs in Canada? According to Indeed.com, the top seven highest-paying jobs in Canada are in the healthcare field, and the majority of healthcare careers require postsecondary education or extensive experience. For more information, read the following article. Let’s begin!

1. Anesthesiologist

Anesthesiologists are one of the highest paying jobs in Canada with a national average salary of $306,902 a year or $157 an hour. The entry-level salary for this position starts at $254,878 per year, and the average wage for an experienced worker is $381,401. In comparison with all other medical professions, anesthesiologists earn the highest average income.

1.1. Job Description

In the surgical team, anesthesiologists who are specialist physician plays a vital role. To create the ideal conditions for a successful and safe surgery, it is necessary to control the patient’s pain and level of consciousness. Anesthesiologists specialize in administering anesthetics and managing pain.

1.2. Job Qualifications

Medical school is the first step towards becoming an anesthesiologist, followed by five years of residency training in the specialty, the pay may make up for that, though. During their training, they study the brain, the heart, the lungs, the kidneys, and the liver.

2. Psychiatrist

According to Indeed, a Psychiatrist is the second highest-paying job in Canada with a national average salary of $298,065 per year. A recent report from the Canadian Psychiatric Association found that Canada’s psychiatric shortage occurs both in rural and northern areas and even in the most populous cities, as the demand for psychiatrists exceeds the supply.

2.1. Job Description

Psychiatrists specialize in mental health and mental health disorders. There are several mental health conditions psychiatrists treat, including major depression, anxiety disorders, post-traumatic stress disorder, schizophrenia, and bipolar disorder. Patients can take medication prescribed by their psychiatrists, which is what makes them unique. To rule out physical causes of symptoms, psychiatrists run lab tests, individual evaluations, and psychological tests. Observations and results will determine the exact dosage, and medication may be individualized based on psychotherapy or medication.

2.2. Job Qualifications

Medical degrees from accredited universities are required to become Psychiatrists. The residency program of a psychiatrist focuses on the treatment of mental illnesses and mental disorders.

3. Cardiologist

Being a Cardiologist is the highest-paid position in Canada with a national average salary of $280,591 per year. Cardiologists are those who treat heart disease. In recent times, heart problems are rising rapidly due to hectic and depressive environments or other issues, making this profession highly demanding and that this is one of the highest-paying jobs in Canada. However, Cardiologists can be classified in various ways mains are invasive, non-invasive, and interventional.

• Invasive Cardiology: A structural or electrical abnormality within the heart structure can be detected and treated using invasive cardiology.
• Non-Invasive Cardiology: Cardiology that uses non-invasive techniques can diagnose heart disorders without the use of needles, fluids, or other invasive instruments.
• Interventional Cardiology: And, there is an interventional cardiologist who is trained to place stents in clogged arteries for proper blood flow without any surgery.

3.1. Job Description

Heart and cardiovascular doctors are known as cardiologists. Symptoms of cardiovascular diseases are diagnosed, treated, and prevented by cardiologists.

3.2. Job Qualifications

A medical degree is required to become a Cardiologist. The residency training must be focused on heart and cardiovascular issues for four to five years after graduating. Depending on where you plan to work, you may be required to register with the College of Physicians and Surgeons. However, the University of Toronto is one of the best universities for cardiology in the world.

4. Surgeon

If you are planning to become a surgeon, you can be sure your profession will be in high demand and you’ll have one of the highest-paying jobs in Canada with a national average salary of $279,646 per year. Yes, you read it right.

4.1. Job Description

Surgeons are medical doctors that perform surgery on patients. In surgery, an infected area, broken bone, or other ailment is treated by cutting open the body of the patient. Doing the rounds and providing post-surgery assistance are some of the administrative duties a surgeon undertakes.

4.2. Job Qualification:

A medical degree is your ticket to becoming a surgeon. Following graduation from medical school, you must study for two years in a specialization before starting residency.

5. Physician

A physician is next up with a national average salary of $254,847 per year making it one of the highest-paying jobs in Canada. According to a CIHI, the number of physicians increasing day by day and the female workforce is also rising in Canada. Most experienced workers make over $325,000 per year, while entry-level positions start at $83,225.

5.1. Job Description

Physicians are medical doctors who often treat patients non-surgically. There are many types of physicians working out there such as family physicians, emergency physicians, neurologists, etc.

5.2. Job Qualifications

Medical degrees from accredited universities are required to become physicians. The residency program is where you can choose which type of work environment you prefer after you have obtained your medical degree.

6. Orthodontist

Next is the Orthodontist with a national average salary of $381,011 per year. A dentist who specializes in orthodontics fixes irregularities in teeth and jaws. The orthodontist is one of the highest paying jobs in Canada & the salaries are pretty good for freshers too.

6.1. Job description

Straightening teeth and resolving overbites and underbites orthodontists create personalized treatment plans for patients using braces or retainers that straighten their teeth some of the services they provide.

6.2. Job Qualifications

Qualification is quite the same as the other degree. However, Obtaining a dentistry degree and a specialty license is required to become an Orthodontist. Registration with your province’s or territory’s dental regulatory body is also imperative.

7. Software Engineering Manager

Definitely! Doctors often earn better salaries than most technical fields and there are many well-paying jobs in tech sectors too. Software engineering is one of the highest paying jobs in Canada with a national average salary of $143,044 per year software engineering manager is also one of the most in-demand jobs and makes them one of the highest paying jobs in Canada.

Software Engineering Manager is a job title for a person who manages software engineers and others working on software development projects. The manager may be responsible for managing all aspects of the project, or they may specialize in managing a specific area such as human resources or marketing.

7.1. Job description

Software engineering managers work to bridge the gap between the business and technical sides of software development. Software engineering managers are in charge of a team or teams that develop software for companies. Their responsibility includes planning, budgeting, and executing projects, as well as hiring and managing personnel.

7.2. Job Qualifications

Software engineers are usually not required to have an engineering degree, but they do need to have at least four years of experience and an undergraduate degree in computer science or a related field.

8. Vice President

Vice President is the highest-ranking officer in many companies. The national average salary for this job is $135,578 per year, making it one of the highest-paying jobs in Canada.

8.1. Job Description

The Vice President is a significant role in any company. Their responsibility is to manage the employees and oversee the company’s operations. The Vice President is ranked second in command to the Chief Executive Officer (CEO) or Chairman of the Board (Chairperson).

8.2. Job Qualifications

Depending on which kind of company you’re applying for, the requirements for a Vice President may differ. For instance, some companies may require a Bachelor’s or Master’s in Education to be a Vice President at that company. Other companies may require four-​or five years of experience before one is considered for leadership roles.

9. Chief Marketing Officer

Chief Marketing Officers are the highest-paid executives in Canada. The study by Robert Half also shows they are most in demand, making them one of the highest-paying jobs in Canada. Chief Marketing Officers earn an average salary of CAD 225,000, listed as one of the highest-paying jobs in Canada. There are a lot of responsibilities and powers that go into the role of the CMO. They have to be able to manage all aspects of marketing, from branding and advertising to customer relationship management and sales.

9.1. Job description

The Chief Marketing Officer (CMO) is a senior executive in charge of the marketing function. Marketing strategy is developed and integrated with business strategy by these professionals.

9.2. Job Qualifications

To become a Chief Marketing Officer, you must have a strong understanding of marketing principles as well as a good grasp of the latest advertising and digital marketing trends. The ability to build strong relationships with other departments is also important, as are excellent communication and organizational skills. Additionally, experience in budgeting and managing teams is also beneficial. Finally, a strong understanding of analytics and data-driven marketing is essential for success in this role.

10. Director of Information Technology

Next on the list of the highest-paying jobs in Canada is the director of information technology. If you have the qualifications and experience necessary for this position, you may be able to find a great job as a Director of IT in Canada. The average annual salary of this professional is over $100,000, making this one of the highest-paying jobs in Canada.

10.1. Job description

As a Director of IT, you will be responsible for managing the IT department of a company or organization. This includes overseeing the development, implementation, and maintenance of computer systems and networks. You will also be responsible for developing and maintaining IT policies and procedures, as well as ensuring that the organization’s IT infrastructure is secure and up-to-date.

10.2. Job Qualifications

It is mandated that you have a bachelor’s degree in computer science or an associated field to qualify for this position. You should also have several years of experience in the IT field, as well as strong leadership and communication skills. It is also important for you to know what’s going on in the industry and stay on top of new developments.

11. Software Architects

It is not unusual for software architects to command high salaries and high salaries are highly sought after. Software architect typically earns a salary of $100,000-$120,000 per year with a software program, making them one of the highest-paying jobs in Canada. They are an important part of any software development team and can make a huge difference in the success of a project. If you have the right qualifications and experience, you could be well on your way to becoming a Software Architect in Canada.

11.1. Job description

Designers, developers, and maintainers of software systems are Software Architects. To create efficient and effective solutions to complex problems, they must possess a thorough understanding of software engineering principles. Furthermore, they must be proficient in communication with stakeholders and other team members.

11.2. Job Qualifications

To become a Software Architect, Computer Science or a related discipline is a requirement. A strong understanding of software engineering principles and experience in software development is also required. Additionally, you must have excellent problem-solving skills and be able to work well in a team environment.

12. Enterprise Architect

Enterprise Architects are among the highest-paid professionals in Canada, earning an average of $110,083 per year. This lucrative career requires a combination of technical and business skills, making it an ideal choice for those looking to make a big impact in the corporate world. And, no doubt this is one of the highest-paying jobs in Canada.

12.1. Job Description

As an Enterprise Architect, Your responsibilities will include planning, implementing, and maintaining information technology solutions. You will need to have a deep understanding of the organization’s goals and objectives, as well as the technology available to help them achieve those goals.

12.2. Job Qualifications

To become an Enterprise Architect, It is recommended that you have an undergraduate degree in Computer Science, Information Systems, or a related field. You will also need to have experience in software development, database design, and system architecture.

13. Pharmacist 

Pharmacists in Canada make an average of $105,088 per year, making it one of the high-demand professions in the country. It is one of the highest-paying jobs in Canada.

13.1. Job description

Pharmacists are responsible for dispensing medications to patients, as well as providing advice and information about drugs and their use. They also provide advice on health-related topics such as dietary, workout, and lifestyle changes. To ensure the best care for patients, pharmacists collaborate with other healthcare professionals.

13.2. Job Qualifications

To qualify for one of the highest-paying jobs in Canada, Pharmacy degrees must be obtained from accredited universities. As well as passing the qualifying examination, you must also pass the evaluating examination administered by the Pharmacy Examining Board of Canada (PEBC).

14. Corporate Controller

If you’re looking for the highest-paying jobs in Canada, the Corporate Controller is a great option with an average salary of $103,056 per year.

14.1. Job Description

Managing a company’s financial operations falls under the responsibility of the Corporate Controller. They are responsible for developing and implementing financial strategies, preparing financial statements and reports, and ensuring compliance with applicable laws and regulations. They also manage the budget, analyze financial data, and provide financial advice to senior management.

14.2. Job Qualifications

It is necessary to have a bachelor’s degree in accounting, finance, or a related field to become a corporate controller. It is also necessary for you to have five years of experience in finance. Additionally, the ability to analyze and solve problems, as well as excellent communication and interpersonal skills, are essential for this position.

15. Data Scientists

Data scientists are highly sought-after professionals in the Canadian job market, with salaries reaching up to $84,630 per year, making them one of the highest-paying jobs in Canada.

15.1. Job Description

As a data scientist, you will collect, analyze, and interpret various sources of data, and use it to make informed conclusions.

15.2. Job Qualifications

To qualify for this role, It is necessary to have an undergraduate degree in a field related to software engineering or computer science. You would also need experience in coding and developing software, as well as knowledge of data analysis and manipulation. A strong understanding of analytics and data visualization tools would also be necessary.

16. Lawyer

Lawyers come in many forms, but they all have one common factor: they get paid a lot of money. Lawyers earn an average salary of $97,744 per year in Canada, making them one of the highest-paying jobs in Canada.

16.1. Job Qualifications

To become a lawyer to get the highest paying jobs in Canada, you must have a law degree from an accredited university. If you wish to practice law in a province or territory, you must also pass the bar exam there. You can work as a lawyer once you have earned a law degree and passed the bar exam.

16.2. Job Qualifications

They typically have a four-year law degree, and many also have a master’s degree in law. To practice law in Canada, lawyers must be called to the bar in their province or territory.

17. Driver

 

 

You must be surprised to see “Driver” in the list of highest-paying jobs in Canada. However, driving is one of the high-demand jobs in Canada. The typical salary for a driver in Canada is around $50,000 per year. However, this can vary depending on the type of vehicle you are driving and the company you are working for. Some drivers may even make up to $100,000 per year, making this one of the highest-paying jobs in Canada for job seekers.

17.1 Job Description

But with great pay comes great responsibility. As a driver, it will be your responsibility to transport goods and people safely. But that’s not all – you’ll also need to be able to deal with different types of weather and traffic conditions and be able to think on your feet in case of an emergency.

17.2. Job Qualifications

To become a driver, you will need to have a valid driver’s license and a good driving record. The hiring process may also include drug testing and background checks. Depending on the type of vehicle you will be driving, you may need to obtain a special license or certification.

18. Veterinarians

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Veterinarians in Canada earn an average salary of $90,000 per year, with the highest earners making over $150,000. The job outlook for veterinarians is positive, with the demand for veterinarians expected to grow in the coming years and this is why it is one of the highest-paying jobs in Canada. 

18.1. Job Description

Veterinarians are responsible for diagnosing and treating illnesses and injuries in animals, as well as providing preventive care and advice to pet owners. They may also perform surgery, prescribe medication, and provide emergency care.

18.2. Job Qualifications

To become a veterinarian, you must have a Doctor of Veterinary Medicine (DVM) degree from an accredited college or university. Additionally, you must also pass the North American Veterinary Licensing Examination (NAVLE) and obtain a license from the provincial or territorial regulatory body. In addition, you may need to complete a residency program and pass additional exams to specialize in a certain area of veterinary medicine.

19. Senior Financial Analyst

The Senior Financial Analyst is a highly sought-after position in Canada, and it pays well. The pay for this job is typically around $90,000 per year, making it one of the highest-paying jobs in Canada. 

19.1. Job Description

The Senior Financial Analyst must have a strong understanding of financial principles and practices, as well as a deep knowledge of the organization’s financial systems and processes. They need to be able to evaluate financial data and come up with plans to enhance the fiscal outcomes of the institution. They also need to be able to effectively share their findings and suggestions with upper management.

19.2. Job Qualifications

To be eligible for one of the highest-paying jobs in Canada, applicants need to possess an undergraduate degree in accounting, finance, or a related field. Applicants must possess a minimum of five years of practical experience in a financial role.

20. Product Manager

Working as a product manager in Canada can be incredibly rewarding, both in terms of compensation and job satisfaction. The median salary for a product manager is estimated to be CAD 120,000 annually, being one of the highest-paying jobs in Canada.

20.1. Job Description

Product managers are in charge of overseeing the development and management of products from start to finish. Product Managers have a comprehensive understanding of the market, the competition, and the product they are working on, which they leverage to coordinate with cross-functional teams to achieve successful product launches. They aim to deliver products that satisfy both the demands of the market and the goals of the company.

20.2. Job Qualifications

To be a product manager, you required an undergraduate grade in business, marketing, or a field related to this. You also need experience in product management, marketing, or a related field.

Conclusion

If you’re looking for the highest-paying jobs in Canada for 2022, there are plenty of options. From different sectors to various industries, there are many opportunities for high earnings. What you can earn depends on factors such as your experience, preferences, and whether you’re willing to relocate. With a little research, you can find the perfect high-paying job for you.