Free healthcare, gorgeous landscapes, and friendly and polite people are the reason why this country attracts so many students and immigrants every year. It is worth mentioning that the unemployment rate in Canada is only 5,5%, and the average salary for Canadians is around $60k per year.
This article will focus on the 15 highest paid jobs in Canada, what degree is needed to pursue this career, and how much you will be earning if you choose some of these jobs.
What are the Best Paid Jobs in Canada?
Here is our list of the highest paid jobs in Canada.
Average salary: $319,809 per year
A cardiologist is a doctor who specializes in diagnosing and treating patients with heart and blood vessel conditions, also known as cardiovascular conditions. They are qualified to treat high blood pressure, heart attacks, heart failures, and arrhythmia.
To pursue a career in one of the top paying jobs in Canada, you must first obtain a medical degree. After that, you’ll need to complete four to five years of residency training in areas related to the heart and cardiovascular system. Finally, you must apply with the College of Physicians and Surgeons in the province or territory where you want to practice.
Read more: How Much do Doctors Make in Canada?
Average salary: $316,623 per year
An Anesthesiologist is a member of a surgical team that is specially trained in the management of pain. During surgery, an Anesthesiologist maintains patients under light sedation and protection. The care of pains and other ailments are among an Anesthesiologist’s specialties.
t’s not a surprise that this is among the best-paying jobs in Canada, as getting qualified is not easy. Anesthesiologists are physicians who go on to complete a five-year residency program in anesthesiology after medical school. They study the brain, heart, lungs, kidneys, and liver during their training.
Average salary: $230,681 per year
Surgeons are medical doctors that operate on patients. A surgeon performs surgery by cutting a person’s body open to cure an infested region, a fractured bone, or other sicknesses. Additionally, a surgeon’s job includes plenty of administrative tasks, such as visiting the ward and assisting with post-surgery care.
To become a surgeon, you must first obtain a medical degree. After acquiring a medical degree, surgeons must complete four to five years of residency training and two years of study in a surgical specialty. This is one of the best careers in Canada, so it is no wonder why it takes so long to get qualified.
4. Chief Marketing Officer (CMO)
Average salary: $158,964 per year
The position of a Chief Marketing Officer is to manage the marketing activities and initiatives for a firm. The CMO must have knowledge of both offline and online marketing methods such as social media, print advertising, and Google Ads.
A university degree in marketing, communications, business administration, or a closely related discipline is required to get one of the best-paying jobs in Canada. Many Chief Marketing Officers obtain a Master’s in Business Administration as well.
5. Vice President
Average salary: $141,471 per year
A Vice President is a top executive in a firm who takes charge of the internal workings of the company. The Vice President is usually second or third in command, below a President or Chief Executive Officer. A VP will also collaborate with other senior executives in an organization to identify where issues may exist and how to address them.
Being one of the highest paying business jobs, it requires a degree depending on the industry you will be working in. A Vice President of an educational institution, for example, might need a four-year college degree in education. Many Vice Presidents have a Master’s degree in their specialty area of study.
6. Software Developer
Average salary: $120k per year
Computer application developers create computer programs that allow users to accomplish certain tasks on computers or other devices. They may also design or adapt existing systems that run devices or manage networks. Software developers usually operate in an office environment.
It’s no secret that the software developer salary in Canada is pretty high. This is why a bachelor’s degree in software engineering, computer science, information technology, or another relevant subject is usually necessary.
7. Software Architect
Average salary: $109,027 per year
Software architects are responsible for creating components of a software program. They also may be involved in making high-level decisions about any code’s standards for any project being created. Moreover, software architects collaborate with business executives to ensure that software meets any operational needs.
To become a software architect, you will need a degree in computer science, computer systems engineering, software engineering, or a related field; some places even require a master’s degree. This is among the top well-paying jobs in Canada, so your hard work will definitely be worth it.
8. Corporate Controller
Average salary: $100,892 per year
The financial well-being of an organization is overseen by a corporate controller. A Corporate controller executes all major accounting duties for a firm, such as budgeting, invoicing, accounts receivable, and accounts payable. Corporate controllers are the heads of the financial department and report to the Chief Financial Officer.
Like all high-paying jobs, corporate controllers are frequently holders of qualifications such as Chartered Accountants, Certified Management Accountants, or Certified General Accountants. A bachelor’s or master’s degree in business administration, economics, commerce, or a closely related discipline may also be necessary.
9. Marketing Director
Average salary: $90k per year
Marketing directors are responsible for the marketing and communication strategies of the company they work for. They represent the company through marketing campaigns and analyze competitors.
A marketing director is another one of the jobs that pay well in Canada and it requires at least an undergraduate degree, although business or marketing courses are ideal. Many employers also prefer candidates with an MBA or other Master’s degrees.
10. Plant Manager
Average salary: $88,833 per year
A plant manager may not be the highest-paying job in the world, but it pays well in Canada. These professionals are in charge of the plant’s day-to-day operations, including production and manufacturing, as well as ensuring that policies and procedures are followed. They create methods to increase sustainability, safety, quality, and productivity.
Plant Managers need diverse skills and experience based on the type of plant they manage and the specific specialty required. Mechanical and chemical engineering degrees, for example, are useful in a variety of manufacturing plants.
11. Data Scientist
Average salary: $84,017 per year
A Data Scientist is one of the top jobs in Canada if you want to work with big volumes of digital data. Data Scientists use this information to assist businesses in making decisions that aid in their growth. Their findings are usually based on the website, CMS systems, or other company software that has been examined using scientific techniques and algorithms.
In order to become a Data Scientist, you must first obtain a bachelor’s degree in computer science or mathematics. The job also demands some understanding of computer programming.
12. Business Development Manager
Average salary: $80,859 per year
There’s a reason that a business development manager is among the highest-paid careers. A BDM’s job brings a lot of responsibilities, like assisting businesses in achieving greater brand recognition and financial success. They work with company executives and experts to analyze markets in order to develop new business ideas that can improve revenue margins.
A bachelor’s or master’s degree in business administration is required for a business development manager (BDM). To obtain experience, you can begin your career as a marketing, sales, or human resources employee at a firm.
Average salary: $76,996 per year
Clients can obtain legal advice and representation from attorneys who represent them in court, before government agencies, and in private legal matters. Furthermore, lawyers communicate with other parties involved in a case. Some of their additional responsibilities include researching and analyzing legal issues for both businesses and individuals.
To practice law and get one of the best-paid jobs in Canada, you must have a bachelor’s degree from a legitimate law school and either a Diploma of Notarial Law (D.D.N.) or an A master’s degree in law with a notarial focus, followed by 32 weeks of notarial training.
14. Electrical Engineer
Average salary: $71,126 per year
Electrical engineers work on designing, developing, testing, and supervising the manufacture of electrical equipment. This includes communication systems, electric motors, radars, and other equipment, as well as electrical systems of aircraft and vehicles.
As one of the high-paying jobs in Canada, this career requires a bachelor’s degree in electrical or electronics engineering or an equivalent course of study. A master’s or doctoral degree in a related engineering discipline might be necessary as well.
15. Construction Project Manager
Average salary: $74k per year
Construction project managers are involved in organizing logistics and keeping track of spending. Basically, a project manager is in charge of every aspect of a construction project, from beginning to end, within the constraints of a budget. They also handle project administration and provide construction project budget predictions.
As it is one of the top paying jobs in Canada, you will need to acquire a bachelor’s degree in Civil engineering, construction management, architecture, or building construction.
Average salary: $50,993 per year
A judge serves as a neutral arbitrator to resolve conflicts (between individuals, organizations, institutions, businesses, and even different levels of government). Judges accomplish this by applying laws and previous court decisions while also protecting the interests of all parties.
Although it may not be one of the best-paying jobs in Canada, judges must have ten years of experience at the bar of a province or territory. Alternatively, you would need 10 years’ worth of experience practicing law on a full-time basis in a position held pursuant to federal or provincial legislation.
Whether you have already set your career goals or you are still figuring out how you want to make a living in the future, we hope we’ve provided you with enough ideas. Our list of highest-paid jobs in Canada will prepare you for your future career endeavours.
Related article: Canada Income Statistics
CEO or Chief Executive Officer is the highest paying job in the world. Some of the Canadian highest-paid CEOs earn $10 million on average per year.
The highest paying job in Canada is a cardiologist with an average salary of $319k per year.
Medical professions are among the highest paying jobs, with cardiologist, anesthesiologist, and surgeon being in the top 3 in Canada.