Discover the most high-paying careers in Canada in 2024. Learn about rewarding job openings in a variety of fields and get a preview of the Canadian labor market in the next year.
Anyone looking for work, from young grads to seasoned professionals, will find a welcoming community in Canada. It is widely regarded as the best place to establish oneself professionally and financially because of its generous pay, low tax rates, and lenient rules on immigration in pursuit of employment.
Canada has a robust economy, as seen by its respectable employment rate of 61.9%, which provides several opportunities in a wide range of fields. The job market in Canada is diverse and accommodating, with openings for those just starting out and those looking to climb the corporate ladder. The country’s advanced economy and outstanding quality of life make it a desirable location for ambitious workers.
Canada’s High-Paying Occupations List
Employment in Canada is plentiful, and it pays well, especially in sectors like healthcare, technology, finance, and marketing. According to the most recent data available (November 2024), I have therefore produced a list of the highest paying jobs in Canada. Such careers often necessitate advanced degrees, extensive job experience, and specialized training. Before you do that, though, you need investigate the five most lucrative sectors in Canada and the NOC codes that correspond to them. These trades require only a basic degree of education, such as vocational training, certification, or prior job experience, in order to get a license.
Income $140,352 per year as a Truck Driver
One of the most lucrative professions in Canada is that of truck driver (NOC Code 7511), with an average annual salary of $140,352. There are a variety of standards that prospective employees must meet before being hired. One must be at least 18 years old, have a driver’s license that is valid for the type of vehicle they intend to operate, be found physically and mentally fit for the job, and complete a specialized training course, though the latter requirement can vary from employer to employer.
NOC Code 7251 plumbers have an average monthly salary of $101,376. There are a number of criteria that must be met before one may begin training to become a plumber. To begin with, individuals need to be 18 or older and have a high school diploma or GED. They also need to finish a 4-year or longer plumbing apprenticeship program. Finally, they must receive a plumbing license from the right province or territory.
Salary for a Welder is $84,489
The typical salary for a welder (NOC Code 7210) is $84,489 per year. A high school diploma or its equivalent is typically required, as is completion of a formal welding training program lasting between one and two years; employers may also mandate additional training or certification in addition to these basic requirements. Candidates must also be at least 18 years old.
Electrician – 84,139$
Electricians, who fall under NOC Code 7241, earn an average of $84,139 per year on average. There are a few requirements that must be met before one can work as an electrician. All provinces and territories require licensed electricians to meet certain requirements, such as a minimum age of 18, completion of a 4- or 5-year apprenticeship program, and a high school certificate or equivalent.
Millwright Industrial Mechanic – $83,579 Annually
Millwrights, who are a subset of Industrial Mechanics, are paid an average of $83,579 a year. The following qualifications are necessary for entry into this field of work: be at least 18 years old, have completed high school or its equivalent, complete a 4- to 5-year apprenticeship program tailored to industrial mechanics, and, if desired by the employer, obtain certification as an industrial mechanic.
CAD$101,376 for a Plumber (7251)Welder (7201) requirements: 18+, HS diploma or GED, four to five years of apprenticeship, and a provincial license.CAD$84,489Qualifications: must be 18 or older, have a high school diploma or equivalent, complete a one- to two-year training program, and have appropriate certification.
Electricians – $84 139 CAD Per Year
Industrial Mechanic (Millwright) (7311) Minimum Age: 18 Years; High School Diploma or GED; Four to Five Years of Apprenticeship; Provincial LicenseCAD$83,579Minimum age: 18, High School Diploma or equivalent required, 4-year apprenticeship required, and certification varies.
Canada’s Top 15 Highest Paying Jobs in November 2024
Here’s a rundown of the highest-paying jobs in Canada, including how much you can expect to make per year as well as any prerequisites you’ll need to enter the field:
Cardiologist Salary: $280,591
Requirements include medical school, a 3- to 4-year internal medicine residency, and a 2- to 3-year cardiology fellowship. In addition, one must be in good standing with their own province Medical Association.
Doctoral Degree: $254,847
Eligibility requirements include a four-year undergraduate degree, medical school, and a two-year residency in family medicine.
Physician or Surgeon: $279,646
A bachelor’s degree, four years of medical school, and three to seven years of surgical residency are required.
To qualify, one needs a Bachelor’s degree, four years of dentistry school, and two or three years of postgraduate orthodontic study.
The annual salary for the CMO is $109,196
Requirements Bachelor’s or Master’s degree in Marketing, Business, or Communications; minimum five years of relevant work experience in marketing; preferred.
Compensation for the position of Vice President is $135,578 per year.
Professional requirements vary by sector but typically call for at least a bachelor’s degree and frequently a master’s as well.
How to Apply for High Paying Canadian Jobs 2024 with Salaries
Canadians have access to a vast and varied job market, with openings in fields as varied as healthcare, technology, finance, and marketing. As a result, people can tailor their professional paths to better suit their interests and strengths.
Professions in the medical, technological, and financial sectors have widespread respect and recognition around the world, increasing their holders’ credibility and employability in Canada and beyond. Click here for more information.
Those looking to further their careers will find Canada to be an attractive option due to its robust job market, welcoming culture, and competitive pay. Opportunities for advancing one’s career can be found in a variety of fields in Canada, including some that pay well but need specialized training or education, such as the medical, technological, and financial sectors. Success necessitates knowing the ins and outs of one’s chosen field of work and making the most of the country’s now favorable economic climate.