What are Canada’s highest-paying jobs?

 Canadians, whether born here or immigrated here, frequently have a desire to make as much money as possible since it will allow them and their family to live comfortably in this country.

Recognizing that pursuing these vocations necessitates specific skills and knowledge, prominent employment website and job posting platform Indeed recently (September 16, 2023) published their list of some of Canada’s highest paying jobs.

It is important to note that “salary figures [in this list] reflect data listed on Indeed Salaries at [the] time of writing [but] salaries may vary depending on the hiring organization, … a candidate’s experience/academic background and location”

15 of Canada’s highest-paying jobs according to Indeed

1. Anesthesiologist (National Average Salary per Year: $358,908)

2. Psychiatrist (National Average Salary per Year: $298,065)

3. Cardiologist (National Average Salary per Year: $280,591)

4. Surgeon (National Average Salary per Year: $279,646)

5. Physician (National Average Salary per Year: $254,847)

6. Orthodontist (National Average Salary per Year: $209,373)

7. Software Engineering Manager (National Average Salary per Year: $143,044)

8. Vice President (National Average Salary per Year: $135,578)

9. Director of Information Technology (National Average Salary per Year: $117,890)

10. Enterprise Architect (National Average Salary per Year: $110,083)

11. Chief Marketing Officer (National Average Salary per Year: $109,196)

12. Software Architect (National Average Salary per Year: $109,021)

13. Pharmacist (National Average Salary per Year: $105,088)

14. Corporate Controller (National Average Salary per Year: $103,056)

15. Data Scientist (National Average Salary per Year: $84,630)

Understanding the Job Market in Canada

In light of the above, it is worth noting that 12 of the 15 jobs on Indeed’s list, with the exception of the Corporate Controller, Chief Marketing Officer, and Vice President, fall within two broad employment sectors: healthcare and science, technology, engineering, and mathematics (STEM).

This is crucial because it represents a huge potential opportunity for eligible prospective immigrants to Canada, as indicated by Canada’s earlier this year introduction of category-based draws for Express Entry.

Note: A “round of invitations” is another term for a draw.

On June 28, 2023, Immigration, Refugees, and Citizenship Canada (IRCC) initiated a new type of Express Entry lottery known as a category-based draw. These draws, in conjunction with ordinary Express Entry drawings, are intended to attract more skilled individuals to Canada who may help solve labour market shortfalls and issues in specific industries of need.

For 2023, IRCC is using category-based draws to prioritize Express Entry candidates with:

·          French-language proficiency

·          Healthcare industry work experience

·          Work experience in STEM professions

·          Trades industry work experience

·          Transport industry work experience

·          Work experience in Agriculture and Agri-Food occupations

Please keep in mind that each of the five occupational categories listed above has specific job titles that are eligible for category-based draws. This page lists all of the jobs available in each occupational category in 2023.

So far, the history of category-based draws in healthcare and STEM

At the time of writing, IRCC had held two category-based draws: one for people with experience in Healthcare occupations and another for qualified candidates in the STEM area.

Healthcare

Draw Date: June 28, 2023

Minimum Comprehensive Ranking System (CRS) score: 476

Number of Invitations to Apply (ITAs) issued: 500

Draw Date: July 6, 2023

Minimum CRS score: 463

Number of ITAs issued: 1,500

STEM

Draw Date: July 5, 2023

Minimum CRS score: 486

Number of ITAs issued: 500

When the IRCC issues a fresh round of invitations, this page will publish the results of all Express Entry draws, both standard and category-based.