How much do doctors make in Canada? (2024)

FAQs

How much do doctors get paid in Canada? ›

According to the Canadian Institute for Health Information (CIHI), in 2020 family medicine doctors grossed $287,000, while medical specialists earned $370,000 and surgical specialists earned an average of $487,000 (CAD).

While the USA generally offers higher average salaries across various medical specialties, Canadian doctors experience a more balanced salary-to-debt ratio due to lower education costs.

Ophthalmology, cardiothoracic surgery, neurosurgery, and urology are amongst the highest paying specialties in Canada. These doctors can make a lot of money, considering that they provide services that are highly sought after.

Salaries in the US vs Canada

While the differences aren't large between earning amounts in Canada and the US, Americans actually have higher average salaries than Canadians. The average salary of Americans is $56,690 and it is about $43,867 in Canada. These are both in USD.

The health system is funded mainly by provincial or territorial general tax revenue with some federal transfers and is free at the point of delivery for citizens. There is no cost-sharing for inpatient or outpatient care and prescription drug prices vary but are still inexpensive.

Canada takes pride in its national public health care system, universally known as Medicare. This program covers most health care services for Canadians, which creates a significantly stable environment for physicians: Funding: The stable, largely government-funded system guarantees doctors reliable income.

Physicians qualify for Express Entry as a Federal Skilled Worker, and when approved, are invited to apply for permanent residency. You will need to take an English or French Language test. Transitioning to Canada can take 6 months of longer, so if you are committed to moving, start this process early.

The average salary in Canada for doctors is exceptionally high, making it the best place for physicians to prosper in their careers. The government of Canada offers plenty of immigration options to healthcare workers who want to settle in Canada.

The national average salary for a Dentist is $117,362 in Canada. Filter by location to see Dentist salaries in your area. Salary estimates are based on 42 salaries submitted anonymously to Glassdoor by Dentist employees.

How much does a nurse make in Canada? ›

The entry-level nurse in Canada earns $59,875 per year, and the most experienced employee earns up to $105,477 per year. The Registered Nurse with an entry-level position earns $59,762 per year and the most experienced worker earns $83,168 per year. The Clinical nurse gets $88,396 per year based on 2175 salaries.

The national average salary for a Pilot is $98,627 in Canada. Filter by location to see Pilot salaries in your area.

Overall, Canada is more affordable than the US, but the US has a higher median income. Comparing the cost of living in both countries is tricky because living costs vary dramatically within each city. It's important to consider the hidden costs and savings of public goods and services when comparing costs of living.

On average, living in the USA tends to be more expensive compared to Canada. However, it's vital to understand that these costs vary significantly within each country. While some expenses may be higher in Canada, such as food and real estate, the USA faces higher costs in areas like healthcare and education.

The IRS taxes the richest Americans at 37%, whereas the top federal tax rate in Canada is 33%. Wealthy Americans have access to many tax deductions that Canada's Alternative Minimum Tax does not allow.

As of Apr 14, 2024, the average hourly pay for a Medical Doctor in Alberta is $103.35 an hour.

The national average salary for a Doctor is $1,47,279 in Canada. Filter by location to see Doctor salaries in your area. Salary estimates are based on 124 salaries submitted anonymously to Glassdoor by Doctor employees.

Doctors are self-employed, which means they can determine their own hours and work location, and they are responsible for paying their employees, for office space and other overhead expenses. Doctors earn money by billing their provincial government for the services they provide to patients.

There are also other specializations included in that field, with different salaries. Internal medicine doctor starting salary is $404,000 per year, and neurologists earn an average $311,000 per year.