Top 10 Highest Paying Jobs in Canada for 2024 (Updated)

The popularity of Canada as an immigration destination has grown significantly in the last several decades. You will get the opportunity to find the highest-paying jobs in Canada. The advantages of Canada's immigration regulations are a significant reason why people immigrate there.

Moreover, Canada's excellent quality of life, medical benefits, safety and security, breathtaking natural settings, and many job possibilities all play a role in luring newcomers. Find out the highest-paying occupations in Canada if you're in the market for a new profession. Discover the best and highest-paid careers in Canada with this article's assistance.

10 Highest paying jobs in Canada to start a career in 2024

The top 10 highest-paid professions in Canada for 2024 have been released, and there are specific areas you'll want to work in if you want to make the big dollars.

Doctor: Neurosurgeon

Canada's healthcare system is among the best. According to the Organization for Economic Cooperation and Development, Canada has the lowest number of doctors per capita out of the top 30 countries, with just 3. (OECD). Consequently, there are many open or empty medical positions in the nation, making this one of the high-paying careers in Canada.

Employment for GPs and FPs is likely to increase at the second-fastest pace among all occupations in Canada. By 2028, the healthcare industry will add 50,900 jobs, but just 19,400 new physicians will join the field. Therefore, there will be a greater need for recent college grads to fill the void. In terms of salary, neurosurgeons may expect $312,301 annually.

Oil & Gas Driller/Miner/Manager

The transportation and energy industries will remain in high demand until the Earth's natural resources are gone. Oil rig employees are in great need in western Canada, resulting in annual incomes of up to $200,000. However, oil rig employees also face the challenges of being away from home and loved ones for extended periods.

Full Stack Developer

Full-stack developers in Canada can expect to make an average yearly income of $85,000. Entry-level salaries for full-stack engineers start at about $75,000 per year, but those with more expertise may earn well over $130,000.

Full-stack developers are in more demand than ever, and this trend will continue. It is the best moment ever to become a full-stack developer.

Financial Analyst

The typical compensation for a financial analyst has increased over the previous several years, yet the field is still very competitive. An average annual income for a financial analyst is between $80,000 and $120,000.

Financial analysts play a crucial role in the success of businesses because of their ability to analyze financial data, identify trends, and advise upper management.

A financial analyst's contributions to other divisions should increase as the finance function becomes more strategic and analytical. Economic analysts are essential in a wide variety of fields. Thus, qualified applicants are in high demand.

Human Resources Manager

Finding qualified employees has been difficult for firms this year. Therefore, businesses need HR professionals to deal with issues, including the tight labor market, limited resources, the skills gap, and varying employee expectations (e.g., remote and hybrid work options).

The research claims that those who work in Human Resources may anticipate excellent earning potential, stable employment, and salary increases.

Furthermore, the average yearly income for a human resources manager in Canada is $83,000. The starting salary for a human resources manager is $80,000 per year, with the average salary ranging from $95,000 to $110,000 per year.

Millwright

Millwright salaries range from $40,000 for those just starting to $95,000 for those at the top of their field. There has been a recent surge in the need for millwrights. And the profession has now risen to the ranks of the highest-paying skilled crafts.

The market for millwrights to maintain this machinery in exceptional operating conditions will grow as machine automation increases.

The need for millwrights will rise as the industrial industry adopts sophisticated machinery. However, this has led to a rise in the average salary for millwrights, making now a prime time to enter the profession.

Production Supervisor

A production supervisor's salary is among the highest in the country. Pay for production supervisors typically begins at $65,000 and rises to over $100,000 for the most senior jobs.

Production supervisors are becoming increasingly vital to businesses, and as a result, their salaries have been rising. Recent years have witnessed a significant increase in the need for production supervisors in the manufacturing industry. Thus this trend is only likely to continue.

Executive Assistant

Canada-wide, executive assistant wages average between $60,000 and $96,000 annually. Administrative assistants are in high demand, and the number of available positions is increasing rapidly.

Every successful executive has an excellent assistant working for them. Skilled executive assistants are in high demand because of their value in managing office operations and juggling personal, family, and social commitments.

Solution Architect

Earnings for solution architects will be between $84,000 and $130,000 annually. Alberta, Ontario, and British Columbia are their best options for monetary compensation.

Salary ranges may vary significantly based on important factors, including education, experience, and other skills. How long you've been working in the area might also affect them. The need for solutions architects is growing as businesses invest more in their IT infrastructures.

Electrical Engineer

Electrical engineers with five to 10 years of experience may earn up to $115,000. Jobs in this field typically pay between $80,000 and $100,000 per year, while the average salary tends to be greater in cities like Calgary, Ontario, and British Columbia.

The industries with the most competitive salaries for electrical engineers are manufacturing and the energy sector. Considering the importance of these positions, the degree and experience requirements, and supply and demand, the salaries offered are high.

In Canada, increased pay for technical occupations is generally a result of a general scarcity of STEM abilities.

The Working Environment in Canada

Canada is a natural resource "superpower" since it contains the second-largest land mass and the third-largest oil reserves worldwide. The Great Lakes/St. Lawrence Seaway links Canada to the American Midwest. Its booming ports on the Pacific and Atlantic coasts help it maintain its leading position as an exporter of timber, iron ore, coal, and precious metals.

Getting to major foreign markets is made easy by these connections abroad. On the other hand, understanding the corporate atmosphere and work culture is crucial to a smooth transfer. Cooperation among colleagues is highly valued in Canada's business environment. Collaboration, listening to others, and sharing responsibilities are essential interpersonal skills. Workers at all levels, from upper management to new hires, are treated with dignity and fairness.

Canada Work Permit Visa Details

Canada issues work permits to over 300,000 foreign nationals annually. The chance is fantastic for foreign workers seeking a higher standard of living. With a valid Work Permit Visa in Canada, you'll be able to accomplish the following:

Earn a living in Canada by working for your specified organization when applying for a work visa.
Get dependent tickets so you can get in touch with your loved ones
You may make money in either Canadian or US currencies.
Idle time in Canada
Then, when some time has passed, you may apply for a visa that would allow you to stay permanently.

Conclusion

Canada offers a wide range of job opportunities across various industries. Job prospects in Canada are generally positive, with low unemployment rates and a growing economy. The job market and available options can vary depending on the region, so it's best to research specific cities and their industries to get a better idea of where the best prospects are.

As of 2024, these are some of Canada's highest-paying occupations. Depending on your background, personal preferences, and openness to relocation, we can help you find high-paying work in practically any industry. We wish the best for you.

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FAQ

Which skill is best for the future in Canada?

The market is both dynamic and cutthroat. No matter what your field of expertise is. These are the top five skills demanded in Canada:

Data literacy
Cloud computing
Agile project management
Artificial intelligence and machine learning
Cybersecurity

Which degree is most in demand in Canada?

Many international students choose to study in Canada each year because the country offers a wide variety of high-quality degree programs. These are the top 5 degrees that are in demand in 2024: