Top 20 Highest Paying Jobs in Canada for 2024

Canada is a great country to live and work in owing to its diverse job market, excellent career prospects, and competitive salaries. Furthermore, Canada is ranked second on the list of sixty countries with solid and stable economies, entrepreneurship, overall sustainability, and good quality of life. In this blog, we will get insights into the highest-paying jobs in Canada.

Besides all these factors, Canada also offers lucrative immigration policies attracting a global talent pool to settle in the country and pursue a rewarding career. The country also provides excellent healthcare facilities and social support systems that help its residents lead a balanced lifestyle.

 

Top 20 highest paying jobs in Canada 2024

Let’s dive in to learn about the top 20 highest-paying jobs in Canada that are sure to motivate you to head to this incredible country abounding with beautiful and safe cities, picturesque landscapes, inclusive culture, and lucrative work opportunities!

 

1.Surgeon

Canada is regarded as one of the best countries offering expert healthcare services. According to the Organization for Economic Co-operation and Development (OECD), the country ranks among the top 30 nations, with 3 physicians per 1000 inhabitants.

Consequently, there are several opportunities for medical practitioners, especially surgeons, who are doctors trained to assess and treat health conditions that may require surgery. Check out eligibility criteria to become a successful surgeon.

Average annual salary	Eligibility criteria	Best universities offering the course	Approximate annual tuition fees
CAD 340,000	MD from a recognized university followed by a residency program in relevant specialization and registration process	McGill University University of British Columbia The University of Alberta. The University of Ottawa & many more	CAD 20,000 – CAD 95,​000

 

2. Cardiologist

Cardiologists are in demand and highly paid in Canada due to the growing prevalence of cardiovascular diseases, the elderly population, and advancements in medical technologies. It is one of the best highest paying jobs in Canada. The specialized expertise of Cardiologists in diagnosing and treating heart conditions is crucial, making this field one of the highest-paying jobs in Canada.

Average annual salary	Eligibility criteria	Best universities offering the course	Approximate annual tuition fees
CAD 400,000	MD from a recognized university followed by a residency and fellowship training program in relevant specialization, and registration process	University of Toronto McGill University McMaster University University of Montreal University of British Columbia	CAD 13,000 – CAD 70,000

 

3. Physician

A physician is a health professional whose work is to practice medicine to diagnose and treat various health conditions in a non-invasive manner. This position counts as one of the highest-paying jobs in Canada. As a licensed physician, you can practice independently or in hospitals and specialized clinics.

Also read: How to tell if being an emergency physician is right for you

Average annual salary	Eligibility criteria	Best universities offering the course	Approximate annual tuition fees
CAD 340,000	MD from a recognized university followed by a residency program and registration process	University of Toronto McGill University McMaster University University of Alberta University of British Columbia	CAD 4,775 – CAD 95,​996.68

 

4. Anesthesiologist

An anesthesiologist is a healthcare expert who is trained to administer anesthesia to patients undergoing invasive procedures or surgery, to keep them away from feeling any pain. 

Anesthesiology is a critical branch of medicine as it makes surgery safe, painless, and feasible, and is thus one of the highest-paying jobs in Canada in the medical field.

Average annual salary	Eligibility criteria	Best universities offering the course	Approximate annual tuition fees
CAD 340,000	Graduation from a recognized medical school followed by a five-year residency program specialized in anesthesiology	University of Alberta University of British Columbia University of Calgary Dalhousie University Université Laval	CAD 26,000 – CAD 96,000

 

5. Psychiatrist

A psychiatrist is a skilled medical professional adept at diagnosing, treating, and preventing mental, behavioral, and emotional disorders. Psychiatrists are in great demand and are highly paid jobs in Canada due to the increasing awareness of mental health, the shortage of qualified professionals, and the need for specialized care for patients in general.

Average annual salary	Eligibility criteria	Best universities offering the course	Approximate annual tuition fees
CAD 400,700	Graduation from a recognized medical school followed by a psychiatric residency program and acquisition of relevant certifications	University of Toronto University of British Columbia McGill University University of Calgary University of Ottawa	CAD 13,400 – CAD 67,000

 

6. Orthodontist

If you are looking for the highest-paying in-demand jobs in Canada, you are sure to find orthodontist jobs on the list. An orthodontist is a dentist who is trained to diagnose and treat misalignment of teeth and jaw irregularities. They can help you straighten your teeth, and align your bite with the help of braces, aligners, or other dental devices. 

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 280,000	After graduating as a dentist, a two-to-three-year master’s program in orthodontics at an accredited university, along with requisite certifications	University of British Columbia University of Toronto McGill University  Western University Schulich Dalhousie University	CAD 26,500  – CAD 44,580

 

7. Software engineering manager

Are you looking for the easiest highest-paying jobs in Canada? Well, software engineering managers are in great demand in IT companies and tech industries for their ability to lead the development and implementation of software programs or applications and are paid competitive salaries. 

These managers are an idyllic blend of technical skills and managerial expertise, which is crucial for supervising complex projects and accomplishing productive outcomes.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 192,300	a recognized university degree in business administration, computer technology, engineering, or a related degree along with significant experience in a management position	University of Calgary Lambton College Ontario Tech University Concordia University University of Regina	CAD 6,000 – CAD 24,000

Also read- Find the Right Engineering Course for You

 

8. Chief marketing officer

A chief marketing officer is a corporate executive who oversees the planning, development, and execution of a company’s marketing initiatives and strategies. A chief marketing officer needs to be adept at both online and offline marketing techniques including print, social media, Google ads, etc. So, if you have been searching for the highest-paying MBA jobs in Canada, you may look for chief marketing officer vacancies.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 146,800	a relevant degree in marketing, business administration, or a related field (a Master’s degree in business administration is preferred)	University of Toronto Concordia University Western University Queen’s University	CAD 15,000 – CAD 90,000

 

9. Senior management roles

The senior manager is a key corporate executive who works with other prominent executives in the organization to run and manage internal operations seamlessly. The senior manager is generally second or third in command in an organization and is just below the chief executive officer (CEO) in rank. This too is one of the highest-paying jobs in Canada.

Average annual salary	Eligibility criteria	Best universities offering management-related courses	Approximate annual tuition fees
CAD 182,240	Usually a master’s degree in their area of specialization and significant experience in a management role	University of Toronto University Of Calgary Western University University of Alberta	CAD 23,000 – CAD 45,000

Also read- How to Apply for an MBA in Canada

 

10. IT leader

The director of information technology is an influential executive who oversees the information technology department in the organization. Along with managing the other IT professionals in the company, the director needs to ensure smooth operation and productive outcomes in the IT department. Also, don’t forget to add this role to your favorites if you are looking for the easiest highest-paying jobs in Canada.

Average annual salary	Eligibility criteria	Best universities offering engineering and management-related courses	Approximate annual tuition fees
CAD 120,000	A degree in computer science, engineering, or a related degree, along with appropriate experience	University of Toronto University of Alberta University of Ottawa McMaster University	CAD 5,000 – CAD 50,000

11. Pilot

Pilots have a stable demand and their job is one of the highest-paying jobs in Canada due to the growing aviation industry and stringent training requirements. Canada’s extensive geography and heavy reliance on air travel make this job a lucrative career in the country.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 150,000	Completion of secondary school and graduation from a certified aviation school, along with a commercial pilot license	School of Aviation Seneca Canadian Aviation College Winnipeg Aviation Tillsonburg Aviation Flying School	CAD 53,650 – CAD 65,000

12. Lawyer

Are you particularly on the lookout for the highest-paying jobs in Toronto, Canada?

Well, you will be happy to know that lawyers or attorneys are in great demand in the entire country owing to the stringent legal system, growing business landscape, and myriad regulatory requirements. Furthermore, as per credible research, around 46,000 new positions for judges, attorneys, and Quebec notaries are likely to be created by the year 2028.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 120,000	– A bachelor’s or master’s degree from a recognized law school, successful completion of the bar examination followed by a period of articling – Licensing by the provincial or territorial law society	the University of Toronto the University of British Columbia McGill University the University of Montreal the University of Ottawa	CAD 14,000 – CAD 50,000

13. Enterprise Architect 

This job is one of the highest paying jobs in Canada owing to the superior skill set required for this work. An enterprise architect is a professional responsible for overseeing and upgrading an organization’s IT network and services. As an enterprise architect, the individual needs to have an in-depth knowledge of software and hardware programs, and need to work with other company executives to improve various business processes.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 130,000	A bachelor’s degree in computer science, business administration, or a related degree along with appropriate certifications	University of Toronto  University of Waterloo University of British Columbia McGill University	CAD 8,000 – CAD 50,000

 

14. Registered nurse

Registered nurses are required in hospitals, specialized clinics, and other healthcare settings to ensure optimal care for the patients, monitor patients’ vital health parameters, and communicate the same to relevant healthcare professionals. In this country, trained nurses are always in demand, making it one of the highest-paying jobs in Canada. Learn about which nursing course is best in Canada for Indian students.

 

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 95,000	– Completion of a registered nursing program – Additional academic training in a specific area of nursing or a master’s degree in nursing along with relevant experience may also be required	the University of Toronto McGill University University of British Columbia University of Montreal	CAD 20,000 – CAD 50,000

15. Pharmacist

A pharmacist is a professional who specializes in the management and administration of medications to ensure their safe and effective usage. A pharmacist’s job may also include an expanded scope of activities such as prescribing for minor health concerns, adaptation of prescriptions, and much more. Compared to the aforementioned jobs, one may feel that this is one of the highest-paying easy jobs in Canada. But, it is important to note that this job comes with a lot of responsibilities and solicits sincerity.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 128,400	bachelor’s or doctor of pharmacy degree from a recognized university, completion of a national board examination through the Pharmacy Examining Board of Canada (PEBC) followed by an apprenticeship/internship program	Dalhousie University Memorial University of Newfoundland University of Alberta University of British Columbia	CAD 13,000 –  CAD 50,000

16. Bank Managers

Bank Managers are responsible for overseeing specific branches of banks. The manager’s job entails handling current employees, hiring new employees, managing day-to-day banking operations, and ensuring customer satisfaction. 

Apart from working in a bank, managers in banking can also work with brokerage firms, insurance companies, or other financial consultancies. Thereby, there’s no dearth of well-paying jobs for managers in banking and their job qualifies as one of the highest-paying government jobs in Canada

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 245,000	– a bachelor’s / master’s degree in commerce, economics, business administration, or a related field – a recognized financial designation such as CFA, CFP, or others may be required	Centennial College the Rotman School of Management Northern Alberta Institute of Technology  Seneca College	CAD 30,000 – CAD 80,000

17. Human resources

A human resource professional is responsible for handling administrative and organizational functions in the company. These professionals have to perform several duties including overseeing the recruitment process, consulting with top management for strategic planning, and serving as a link between the company’s management and other employees. As per a credible report, by 2028, human resource professionals are anticipated to have 49,000 additional lucrative job openings.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 160,000	a diploma, bachelor’s, or master’s degree in human resources management or a related field, or completion of a professional development program in human resources administration	University of Toronto University of Calgary Queen’s University University of Manitoba University of Windsor	CAD 10,000 – CAD 50,000

18. Data scientist

A data scientist is skilled at collecting and interpreting large amounts of data to help organizations make informed decisions for enhanced business growth. Due to the rapid advancement of data-driven industries such as finance, technology, and healthcare in Canada, these professionals are rewarded with competitive salaries.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 115,000	A bachelor’s degree in computer science or mathematics along with expertise in computer programming.	The University of Toronto. The University of Waterloo. University of British Columbia. Universite de Montreal.	CAD 10,000 – CAD 60,000

19. Financial analyst

Are you looking for the highest-paying jobs in Canada for commerce students? Or, have you been scouring the internet for the highest-paying part-time jobs in Canada for international students? If yes, working as a financial analyst is a great option. Financial analysts are professionals responsible for devising investment strategies and making various financial and investment decisions for companies to boost profits. For financial and investment analysts, about 23,700 new job openings are expected to arise in Canada during the period 2022-2031.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 150, 000	A bachelor’s/ master’s degree in commerce, accounting, finance economics, or business administration, along with on-the-job training and certain relevant certifications	University of Toronto University Of British Columbia McGill University University of Alberta	CAD 8,000 – CAD 70,000

20. Supply chain manager

A supply chain manager is the professional responsible for overseeing the organization’s supply chain at every stage. Their job typically entails optimizing logistics, implementing appropriate purchasing policies, minimizing costs, and ensuring a seamless flow of goods.

This is one of the highest-paying jobs in Canada for commerce students, and students pursuing economics or business administration.

Average annual salary	Eligibility criteria	Best universities offering the relevant course	Approximate annual tuition fees
CAD 200,000	A college diploma or bachelor’s degree in, commerce, economics, or business administration	University of Toronto University Of British Columbia McGill University University of Alberta	CAD 8,000 – CAD 60,000

 

Here we come to a gratifying end on our list of the top 20 highest-paying jobs in Canada. Skim through the list carefully and look for relevant opportunities in the beautiful Land of the Maple Leaf! If you wish to receive comprehensive guidance on studying in Canada, finding the highest paying easy jobs in Canada or any other country, or finding rewarding part-time jobs abroad to take care of your educational expenditure, feel free to contact MSM Unify.

At MSM Unify, you can look for online, on-campus, and hybrid courses, and explore over 50,000 programs across 1400+ campuses across the globe to take your career to the next level and acquire lucrative jobs in the future. So, no more waiting for your dream job in a foreign land! Contact MSM Unify today and embark on a rewarding study abroad journey at the earliest, and get a step closer to getting a lucrative job.

 

FAQs

What are the highest-paying bank jobs in Canada?

The highest-paying bank jobs in Canada typically include roles such as investment banker, financial analyst, risk manager, and senior executive positions within major financial institutions.

What are the highest-paying jobs in the IT field in Canada?

In Canada, the highest-paying IT jobs include software architect, data scientist, cybersecurity manager, AI/machine learning engineer, and IT director, offering competitive salaries and promising career growth.

What are the highest-paid jobs in Canada in 2024?

Some of the highly paying jobs in Canada include Business Intelligence analyst with an average annual salary of $83,000. Cloud architects earn up to $137,000 annually, IT project managers earn around $106,000 annually. Security professionals can earn around $81,000.

What is the best job in Canada in 2024?

Cloud Systems Engineers, IT Project Managers, Data Scientists, Developers (Web, Software, Mobile), DevOps Engineers, and Full-Stack Developers are some of the best jobs in Canada for 2023. These jobs offer great placement rates along with good annual packages.

What occupation is in demand in Canada in 2024?

Engineering is a highly demanded field in Canada electrical engineers, mechanical engineers, civil engineers, software engineers, and aerospace engineers can easily earn around CAD 100,000 per year.