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The Highest Paying Jobs in Canada for 2024

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According to Statista, 492,984 people immigrated to Canada between July 2021 to June 2022. This shows that the country is a top immigrant destination — and it’s easy to see why.

Working in Canada offers many benefits, namely paid sick leaves, job security, higher salaries, affordable cost of living, and being able to use the Universal Healthcare Program.

To enjoy all of these perks and score one of the highest-paying jobs in Canada per hour, look at the jobs listed below. Assess which ones suit your experience, and start applying ASAP!

Highest Paying Jobs in Canada Per Hour

1. Software Developer

Salary: $40.39 per hour

One of the highest-paying jobs in Toronto and other Canadian provinces is working as a software developer. Software developers are the masterminds behind different types of computer programs. They use various computer codes and languages to create apps or programs.

2. Financial Analyst

Salary: $37.37 per hour

Financial analysts work with businesses to make financial decisions. They’re expected to perform different tasks, namely, building financial models, studying economic and business trends, and compiling written reports on financial recommendations.

3. Chief Operations Officer

Salary: $64.10 per hour

Also known as the vice president of operations, the Chief Operations Officer is the second in command in a business and directly reports to the Chief Executive Officer or CEO. They manage the daily operations of the business and work closely with supervisors and department heads.

4. Production Supervisor

Salary: $28.21 per hour

Production supervisors oversee the creation of products while making sure employees are safe. They also oversee the equipment and the operations of the business facility.

5. HR Manager

Salary: $42.77 per hour  

Human Resources Manager is a fun job that pays well in Canada as it gives you the opportunity to recruit and train new hires. This position also involves compensation and benefits, compliance, and workplace safety.

6. Chief Information Officer

Salary: $69.73 per hour

Chief Information Officers or CIOs oversee people, processes, and technologies in a business’s IT organization. They are responsible for assessing a business’s IT needs and developing plans to meet those needs.

7. Solution Architect

Salary: $60.13 per hour

A solution architect develops and implements the technical visions for a specific solution to an existing business problem. They also manage and assess the effectiveness of the solution.

8. Executive Assistant

Salary: $27.29 per hour

An executive assistant manages the schedules of the executives of a business. Their day-to-day responsibilities include arranging business events and answering phone calls and emails.

Related: Best stay-at-home jobs that pay well in Canada.

9. Cyber Security Engineer

Salary: $69.23 per hour

Cyber Security Engineers build and test security systems to determine their effectiveness. They constantly look for vulnerabilities in a business’s hardware, software, and applications and implement security plans to prevent issues from arising.

10. Data Science Director

Salary: $75.64 per hour

A data science director plans and administers policies of the data science function. This role requires specific skills like data science, machine learning, and predictive analytics.

11. Dentist

Salary: $65.40 per hour

Besides keeping their clients’ teeth and gums healthy, dentists are also responsible for performing different oral health treatments, such as dental fillings and crowns.

They prevent oral diseases, treat facial injuries, and correct dental irregularities. Dentists are one of the highest-paying jobs in Toronto.

12. Cardiologist

Salary: $141 per hour

Cardiologists are one of the highest paying jobs in Canada per hour. They are experts in taking care of the human heart and blood vessels. They assess, diagnose, and treat patients with diseases and issues in their cardiovascular system.

13. Anesthesiologist

Salary: $157 per hour

Anesthesiologists are one of those jobs that pay over 300k in Canada annually. They specialize in administering anesthesia to prevent patients from feeling pain during medical treatments. They supervise patient care before, during, and after delivering anesthesia. 

14. Surgeon

Salary: $66.67 per hour

Surgeons are one of the highest paying jobs in the world and operate on patients to treat different injuries, like broken bones, cancerous tumours, and deformities. They’re considered the leader of a surgical team.

15. Family Physician

Salary: $128 per hour

Besides diagnosing and treating illnesses in people of all ages, a family physician also provides preventive care, including immunization, routine checkups, and screening tests.

16. Psychiatrist

Salary: $135 per hour

Another highest paying job in the world and Canada is working as a psychiatrist. This medical doctor specializes in diagnosing and treating mental, behavioural, and emotional disorders. They’re licensed to prescribe different treatments, like psychotherapy.

17. Electrical Engineer

Salary: $44.48 per hour

Electrical engineers design, test, and monitor the manufacture of electrical equipment. They can also design the electrical systems of aircraft and automobiles.

Becoming an electrical engineer will require software and programming efficiency and knowledge of engineering methodologies.

18. Construction Project Manager

Salary: $41.03 per hour

Construction Project Managers have several responsibilities on their plate, namely planning the construction project, creating a schedule, balancing the budget, assigning tasks to different subcontractors, and many others. They’re responsible for completing the project on time.

19. Chief Marketing Officer

Salary: $46.15 per hour

Chief marketing officers are responsible for the effectiveness of a business’s marketing strategy — they plan, implement, and monitor the business’s advertising initiatives.

Their duties include reviewing content marketing strategy, keeping the marketing budget in check, and staying up to day with the latest trends in marketing.

20. Pharmacist

Salary: $48.62 per hour

The main responsibility of pharmacists is to ensure that high-quality medicines are supplied to patients. They also have to advise patients about medicines, including how and when to take them and the possible reactions that occur.

21. Director of Information Technology

Salary: $62.90 per hour  

The director of information technology is a highly vital position as they have the overall responsibility of maintaining the business’s hardware, software, systems, and networks. They have to manage employees and technology resources to ensure that IT operations run smoothly.

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What are Some High-Paying Jobs in Canada for Immigrants?

In addition to the jobs we have discussed above, new immigrants can also earn decent pay with the following opportunities.

1. Sales Representative

Salary: $23.08 per hour

Working as a sales representative is one of the highest-paying jobs in Canada for immigrants. It’s popular in the country and will require excellent communication skills. This role involves selling products and services for a company.

2. Accountant

Salary: $30.04 per hour

Accountants play a crucial role in maintaining a business’s records and books. They ensure that money spent is accounted for and businesses have an accurate record of their expenses.

3. Business Analyst

Salary: $40.74 per hour

Business analysts assess how businesses are performing and help them improve their existing systems and processes. Working as a business analyst can be a fun job in Canada if you possess interpersonal skills and have an extensive background in programming languages.

4. Recruitment Specialist

Salary: $27.50 per hour

Recruitment specialists work with different department managers or supervisors to find the best talent for the business.

Their daily responsibilities include evaluating candidates, assessing their credentials, and conducting interviews. They use different platforms to attract talent.

5. Truck Drivers

Salary: $24.13 per hour

Because of the country’s beautiful scenery and long roads, working as a truck driver can be a fun job that pays well in Canada. The main responsibility of a truck driver is to deliver goods from one location to another.

What Are the Highest Paying Jobs For International Students in Canada?

While completing their studies, international students can make money on the side with these gigs.

1. Bartender

Salary: $15.20 per hour

Working as a bartender is one of the highest-paying jobs for international students in Canada. This role requires mixing and serving drinks orders to customers, knowing alcohol pairing and tastes, managing inventory, and cleaning bar supplies.

Besides the hourly rate, international students can make a lot from bartending as they get about 15% to 20% tips. This job is tiring, but it’s definitely a fun job that pays well in Canada.

2. Sales Assistant

Salary: $19 per hour

Sales assistants are responsible for managing cash registers and helping customers find anything they need in the store. They also have to ensure stock levels are well-maintained, promote special offers, and provide customers with information on product availability.

3. Barista

Salary: $15.05 per hour

International students who have customer service skills can earn as a barista in Canada. This role involves making and serving different beverages, like coffee and tea and processing customer payments. Baristas also have to clean their work areas and seating areas.

4. Dog Walker

Salary: $15 per hour

For international students who don’t mind spending time with pets, working as a dog walker is an excellent option.

Dog walkers walk dogs for clients and follow agreed-upon schedules and routes. They also provide food, water, and companionship to the pet when the owner is away.

5. Tutor

Salary: $20 per hour

Another high-paying job for international students in Canada is working as a tutor. Tutors help students learn and understand concepts on a particular subject and complete homework. Tutors have to prepare lesson plans and review textbooks to effectively teach other students.

What Jobs pay over $300k in Canada?

1. Radiologist

Salary: $319,249 annually

Radiologists are medical doctors who specialize in diagnosing and treating diseases and injuries using medical imaging procedures, such as nuclear medicine, X-rays, and CT scans. This job requires a high degree of mathematical knowledge.

2. Forensic Pathologist

Salary: $352,082 annually

Also known as medical examiners, forensic pathologists are trained physicians who examine the bodies of individuals who died violently, unexpectedly, or suddenly.

This job pays over 300k in Canada but requires a medical degree and several years of advanced training in pathology.

3. Oncologist

Salary: $300,000 annually

Medical oncologists diagnose, assess, and treat cancer patients. Their goal is to provide the best possible outcomes for cancer patients, whether that’s palliative care or a cure.

4. Orthopedic Surgeon

Salary: $335,000 annually

Orthopedic surgeons diagnose and operate on patients with musculoskeletal injuries or issues. These conditions often involve the bones, joints, nerves, muscles, ligaments, tendons, and more. Many orthopedic surgeons specialize in one area, like feet, hands, spine, or joints.

Choose the Best Job

There are plenty of challenging and fun jobs that pay well in Canada — you just have to pursue one that matches your skill set and experience, so you’ll have the motivation to work long-term. The longer you work in Canada, the more perks you can enjoy.

FAQs

What is a high-income salary in Canada?

Earning an average of $176,700 annually would put you in the top 10% income group in Canada and as a high-income earner.

Is 250k a good salary in Canada?

Yes, because it’s higher than the average salary in Canada. To put it in perspective, a person earning $250,000 annually in Toronto earns 378.3% more than the average person in the city and will have a gross pay of $151,748.

Who is considered rich in Canada?

It depends on the province you’re in. For instance, you need to earn at least $189,121 annually to be considered rich in Quebec and $203,936 in Winnipeg.

How much money do I need to live comfortably in Canada?

According to the survey, Canadians believe that they need to earn at least $250,000 before tax in order to live comfortably.

Related: How To Make Money in College.

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Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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