Top 10 highest paying jobs in Canada
As more companies are hiring, now is a great time to look for work that will not only make you happy, but provide you with a good lifestyle as well. For workers in Canada's highest paying occupations, a six-figure salary isn't just a pipe dream — it's an average salary.The following 10 occupations pay average salaries of over $100,000, making them Canada's highest paying jobs:
10. Banking, credit and investment managers
Average employment income: $101,845
Duties: These managers oversee operations at investment banks, commercial banks, retail banks and credit institutions. Duties include administering loans, investing client funds, preparing credit reports, and buying and selling securities.
Education and training: A bachelor's degree in business administration, plus extensive experience is usually required for this job, though many employers prefer candidates with an MBA.
9. Engineering manager
Average annual income: $113,403
Duties: Engineering managers oversee the research, design and production efforts of teams at engineering firms, manufacturing corporations, scientific research companies, architecture firms and more.
Education and training: A bachelor's degree in engineering is required. Most employers require engineers to register with a professional engineering organization in their respective province.
8. Lawyers
Average annual income: $123,632
Duties: Lawyers provide legal counsel and advice to individuals and companies. They may also represent clients in front of a judge or jury in court.
Education: Lawyers average seven years of higher education — four years at an undergraduate institution, and three years of law school.
7. Senior managers of trade, broadcasting and other services
Average annual income and training: $124,080
Duties: Senior managers in this category work in industries like radio broadcasting, food wholesaling, department stores and travel agencies.
Education and training: A bachelor's degree plus extensive work experience are minimum requirements.
6. Dentists
Average annual income: $131,552
Duties: Dentists treat, prevent and provide care for patient's teeth, mouth and gums.
Education and training: In addition to obtaining an undergraduate degree, dentists must also attend dental school, which averages four years. In all provinces except for Quebec, dentists must be licensed by the National Dental Examining Board of Canada.
5. General practitioners and family physicians
Average annual income: $132,615
Duties: Usually serving as primary care physicians, general practitioners treat a wide range of illnesses and conditions, and provide preventative care and assessments.
Education and training: Like specialist physicians, general practitioners must attend medical school and complete residencies. The only difference is that general practitioners often choose residencies in broader fields, such as internal or family medicine.
4. Senior managers of goods production, utilities, transportation and construction
Average annual income: $160,947
Duties: Senior managers in this category direct operations at mining, petroleum, manufacturing, railway, trucking and logging companies.
Education and training: A bachelor's degree (or equivalent work experience), plus at least five years on the job.
3. Senior managers of financial, communications and other business services
Average annual income: $162,376
Duties: Senior managers are charged with overseeing their respective departments at large corporations and small businesses alike. Sample job titles in this category include director of marketing, chief executive officer, chief financial officer and vice-president of human resources.
Education and training: A bachelor's degree, plus extensive work experience are minimum requirements.
2. Judges
Average annual income: $178,053
Duties: Judges preside over court cases and have the final say in hearings and trials.
Education and training: All judges start out as lawyers, so therefore must attend law school. Judges usually have a minimum of 10 years' experience before being considered for a judiciary position and must be appointed by a committee.
1. Specialist physicians
Average annual income: $179,514
Duties: Includes physicians in specialized practice areas like dermatology, anesthesiology, oncology and cardiology.
Education and training: Specialist physicians are highly educated. Besides obtaining a bachelor's degree and attending medical school, which takes an average of eight years, specialists must also complete a residency and/or fellowship in their chosen field, which can take an additional two to six years.
* Salary data provided by Statistics Canada.
** Job titles, education and training information provided by National Occupational Classification.
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