10 Lucrative Jobs you can do in Canada

There are jobs that pay well, but disappear in a short time. Therefore, if you are in Canada or planning to immigrate, it is important to research on lucrative jobs you can do in Canada that remain consolidated in the market and with a high number of job openings due to constant demand.

Another point of attention is that many people, before choosing a degree course home or abroad and deciding which career to pursue, prefer to know which are the highest paying or  lucrative jobs. After all, when choosing a course, there are those who want to consider not only their passions and skills, but also the financial potential that this area offers.

So, if you still don’t know the lucrative jobs you can do in Canada, keep reading! In this post, we made a list of some of the lucrative jobs you can do to help you choose the best path for your future.

Lucrative Jobs you can do in Canada

Canada is a country known for offering job opportunities in different areas, and some professions stand out when it comes to attractive salaries. They often require a high level of skills, specialized knowledge and, in some cases, a few more years of study and experience.

However, the reward is salaries above the market average and benefits that are not always found in other careers.

In fact, according to IBGE microdata from the 2nd quarter of 2023 published on the Forbes website, those who have a degree earn, on average, 2 times more than those who only have a high school education. Furthermore, it was found that there is an inverse relationship between unemployment and level of education. Some of the Lucrative Jobs you can do in Canada include:

Doctor

Medical specialists, surgeons and family doctors are among the highest paid professions in Canada. Their earnings reflect the critical role they play in the country’s healthcare sector. With substantial demand for their expertise, these healthcare professionals command competitive salaries, acknowledging their extensive training, specialized skills, and the crucial care they provide to Canadians, contributing significantly to the nation’s healthcare landscape. The average salary for a doctor is around CAD 300,000 per year.

Engineer

Engineers from various specializations such as oil and gas engineering, electrical engineering and civil engineering are in high demand in Canada. The country’s booming industries, infrastructure projects, and technological advancements have amplified the demand for skilled professionals in these fields. With opportunities in diverse sectors, including energy, construction, and technology, Canada offers a promising landscape for engineers seeking rewarding careers in their respective specializations. The average salary of an engineer in Canada is around CAD 100,000 per year.

Lawyer

Experienced lawyers, especially those who work in large corporations or law firms, can earn high salaries in Canada.  Their expertise and specialized knowledge in legal matters contribute to lucrative earnings, often surpassing average industry compensations. These seasoned professionals handle complex cases, provide strategic counsel, and navigate intricate legal landscapes, reflecting their high value within the legal industry, resulting in competitive remuneration packages. The average salary of a lawyer in Canada is around CAD 120,000 per year.

Accountant

Accounting professionals in Canada, including auditors, and certified accountants, are highly sought after and regarded as lucrative positions. Their expertise in financial management, compliance, and reporting is crucial across industries, leading to competitive salaries and growth opportunities. With a stable job market and a demand for skilled professionals, accountants often enjoy rewarding careers in Canada’s diverse business landscape. The average salary for an Accountant in Canada is around CAD 80,000 per year.

Project Manager

Project managers are responsible for planning and executing projects in a variety of sectors, including technology, engineering and construction. They coordinate teams, manage budgets, set timelines, and ensure project goals are met efficiently. Responsible for overseeing the entire project lifecycle, they facilitate communication, mitigate risks, and ensure quality deliverables within set parameters, playing a crucial role in achieving successful outcomes in various industries. The average salary for a project manager in Canada is around CAD 95,000 per year.

IT Professional

The technology sector is constantly growing in Canada and IT professionals such as software developers, IT managers and data analysts are highly valued. With increasing demand for tech solutions, these skilled individuals are highly sought-after, offering expertise crucial for innovation and development. Their contributions drive the growth of Canada’s tech industry, positioning them as pivotal assets in meeting the evolving needs of various sectors within the country’s dynamic economy. The average salary for an IT professional in Canada is around CAD 80,000 per year.

Dentist

Dentists are highly paid in Canada due to the demand for oral healthcare services. With a growing population and an emphasis on dental care, dentists command substantial salaries. Their earnings often reflect their expertise, specialization, and years of experience. The lucrative nature of the dental profession in Canada attracts skilled practitioners seeking rewarding career prospects and financial stability. The average salary for a Dentists in Canada is around CAD 140,000 per year.

Pharmacist

Pharmacists are responsible for providing medications and guidance to patients. They provide counsel on drug interactions, dosage instructions, and potential side effects. Pharmacists collaborate with healthcare professionals to optimize patient care, offer advice on over-the-counter medications, and contribute significantly to healthcare by promoting safe and effective medication management for patients. The average salary of a pharmacist in Canada is around CAD 95,000 per year.

Pilot

Aircraft pilots, both commercial and private, earn high salaries in Canada. Their earnings are substantial due to the technical skills, experience, and responsibility involved in safely operating aircraft. With the demand for skilled pilots in the aviation sector, salaries are competitive, offering attractive compensation packages, including benefits and allowances, making aviation a lucrative career path in the country. The average salary for a pilot is around CAD 100,000 per year.

Financial Analyst

Financial Analysts rank among Canada’s lucrative jobs, with attractive salaries and high in demand. These professionals play a vital role in analyzing financial data, guiding investment decisions, and assessing economic trends for businesses and organizations. Their expertise in financial modeling, risk assessment, and strategic planning contributes to their competitive compensation packages within the finance and banking sectors, making this occupation highly sought after in Canada. The average salary for a Financial Analyst is around CAD 90,000 per year.

Conclusion

Canada is a country with a relatively high cost of living, but with diverse professional opportunities and attractive salaries. It is important to research the differences in cost of living between Canadian cities before deciding which one is best suited to your needs.

Furthermore, it is essential to prepare yourself financially before traveling to Canada or carrying out financial transactions using Canadian currency. Comparing exchange rates, avoiding exchanging money at airports, using international credit cards, considering bank transfers, monitoring currency fluctuations and even negotiating prices can all help ensure you get the best quote on the market.