High Paying Canadian Jobs and Trades in November 2023 (With Salaries)

Canada offers a dynamic and welcoming environment for job seekers, fresh graduates, and experienced professionals alike. With its competitive salaries, relatively low income tax rates, and accommodating work-based immigration policies, it stands as an ideal destination for career growth and financial prosperity.

Canada has a robust economy which is also reflected in its impressive employment rate of 61.9%, which presents abundant job opportunities across various sectors. Whether you’re just starting out or looking to elevate your career, Canada’s diverse and inclusive job market, combined with its high standard of living, makes it an attractive option for those aiming to reach new professional heights.

List of High Paying Trades in Canada in November 2023

In Canada, the job market offers a range of opportunities with competitive salaries, particularly in fields like health, technology, finance, and marketing. Therefore i have compiled a list of the highest-paying jobs in Canada as per the November 2023 update, with most job positions requiring specialized education, work experience and training. But before that i highly recommend you to check out 5 Highest Paying Trades in Canada with NOC codes which require very minimum education such as any vocational training, certificate, or prior work experience to get a license.

1# Truck Driver (NOC Code 7511) – Salary $140,352

The Truck Driver profession, falling under NOC Code 7511, boasts an impressive average annual salary of $140,352, making it one of the highest-paying trades in Canada. To enter this field, individuals must meet several qualifications: they should be at least 18 years old, possess a valid driver’s license suitable for the class of vehicle they intend to operate, pass a medical examination to ensure fitness for the role, and often complete a specific training program, although the latter requirement can vary depending on the employer.

2# Plumber (NOC Code 7251) – Salary $101,376

Plumbers, classified under NOC Code 7251, command an average annual salary of $101,376. The path to becoming a plumber involves a set of qualifications: candidates must be at least 18 years of age, hold a high school diploma or its equivalent, complete an apprenticeship program in plumbing which typically spans 4-5 years, and finally, obtain a plumbing license from their respective province or territory.

3# Welder (NOC Code 7201) – Salary $84,489

Welders, with the NOC Code 7201, have an average annual earning potential of $84,489. To qualify for this trade, individuals need to be at least 18 years old, have a high school diploma or equivalent educational qualification, undergo a 1-2 year welding training program, and often need to become certified welders, although this certification may vary based on employer requirements.

4# Electrician (NOC Code 7241) – Salary $84,139

Electricians, under NOC Code 7241, earn an average annual salary of $84,139. Aspiring electricians must fulfill several qualifications to enter this field: they should be at least 18 years old, possess a high school diploma or an equivalent credential, complete an electrician apprenticeship program that usually lasts between 4 to 5 years, and obtain a license as an electrician in their specific province or territory.

5# Industrial Mechanic (Millwright) (NOC Code 7311) – Salary $83,579

Industrial Mechanics, or Millwrights, categorized under NOC Code 7311, have an average annual salary of $83,579. To embark on this career, one must be at least 18 years old, hold a high school diploma or its equivalent, complete an apprenticeship program tailored for industrial mechanics, which typically extends over 4 to 5 years, and, depending on employer preference, obtain a certification as an industrial mechanic.

List of 15 High Paying Job Occupations in Canada in November 2023

So now let me give you the overview of these top-paying jobs in Canada along with their average annual salaries and qualifications needed:

1# Cardiologist: $280,591

Qualifications: Medical school, residency in internal medicine (3-4 years), cardiology fellowship (2-3 years), and registration with the provincial College of Physicians and Surgeons.

2# Anaesthesiologist: $358,908

Qualifications: Medical school and a five-year residency in anesthesiology.

3# Psychiatrist: $298,065

Qualifications: Medical school and a five-year residency in psychiatry.

4# Physician: $254,847

Qualifications: Bachelor’s degree, medical school (4 years), and a residency in family medicine (2 years).

5# Surgeon: $279,646

Qualifications: Bachelor’s degree, medical school (4 years), and a surgical residency (5-7 years depending on specialty).

6# Orthodontist: $209,373

Qualifications: Bachelor’s degree, dental school (4 years), and a postgraduate orthodontic program (2-3 years).

7# Chief Marketing Officer: $109,196

Qualifications: Experience in marketing, often with a bachelor’s or master’s degree in marketing, business, or communications.

8# Vice President: $135,578

Qualifications: Industry-dependent, often requiring a four-year degree and possibly a Master’s in the field of study.

9# Software Engineering Manager: $143,044

Qualifications: Bachelor’s or master’s in computer science or a related field, professional experience, and strong leadership skills.

10# Director of Information Technology: $117,890

Qualifications: Bachelor’s or master’s in computer science, information technology, or business administration, with extensive IT experience.

11# Software Architect: $109,021

Qualifications: Bachelor’s or master’s in computer science or a related field, extensive software engineering experience.

12# Enterprise Architect: $110,083

Qualifications: Bachelor’s or master’s in computer science, information technology, or business administration, with experience in IT and enterprise architecture.

13# Pharmacist: $105,088

Qualifications: Four-year pharmacy degree, internship or supervised practice, and registration with a provincial or territorial regulatory authority.

14# Corporate Controller: $103,056

Qualifications: Bachelor’s in accounting or a related field, CPA designation, and experience in accounting and financial management.

15# Data Scientist: $84,630

Qualifications: Bachelor’s in a related field, proficiency in programming languages, and experience in data analysis and statistical modeling.

These roles demonstrate the value of specialized education and training in achieving high-paying positions in Canada’s job market and here is an overview table of all these for your better understanding: