What is the average salary in Canada 2022?

In a recent news on a Canada immigration, employers in Canada have added 1,54,000 jobs to the labour market. This resulted in a one-point increase on the employment scale, bringing it back to pre-pandemic levels. Furthermore, unemployment dropped to 6%, which is within 0.3 percentage points of its February 2020 low.

The new labour force figures reveal that Canada is on the verge of completing its economic recovery, with employment exceeding predictions and unemployment returning to pre-pandemic levels. The unemployment rate fell 0.7 percentage points to 6.0 percent in November, marking the sixth consecutive monthly drop and the largest since March 2021.

Due to the rise in employment rate, companies are being pushed to provide greater percentage of wages because of tight labour market conditions and skilled worker shortages exacerbated by the Covid-19 pandemic. This year, the average wage in Canada will rise for competent individuals looking for work in the country.

Given the current labour market conditions caused by the epidemic, now is an excellent moment to apply for Canada PR visa and immigrate there. Many employers in Canada are looking for skilled professionals in a variety of fields. Furthermore, job seekers can receive a job offer with a higher pay rate. The average compensation for skilled professionals in Canada currently ranges from CAD 54,600 to CAD 105,000. It's important to remember that your pay in Canada is highly dependent on your employment location, amount of experience, talents, and province.

The average salary in various Provinces

•        British Columbia- 33,100 CAD- 584,000 CAD
•             Ontario- 33,900 CAD-599,000 CAD
•           Alberta- 32,500 CAD- 574,000 CAD
•          Manitoba- 31,300 CAD-551,000 CAD
•           Prince Edward Island- 26,200 CAD- 463,000 CAD
•           Saskatchewan- 29,300 CAD-516,000 CAD
•           Nova Scotia- 28,500 CAD-503,000 CAD

Range of Salaries in Canada according to Work Experience

The salary range in Canada ranges between 30,200 CAD or INR 1763897 to an average salary of 534,000 CAD or INR 31189445.

•          You get a 32% rise in wages if you have a working experience of 2-5 years.
•          A 36% raise in salary for working for 5-10 years.
•         A 21% hike in salary for an experience of 10-15 years.
•          14% hike for 15-20 years, and
•          9% rise for 20 and above years.

Range of salary according to education

•         An employee can get up to a 17% raise in salary after completing High School and a Certificate or Diploma course.
•          A 24% hike for a Bachelor's degree.
•          A 29% rise after completing a Postgraduate degree.
•          And, a 23% rise for Ph.D. or post-doctorate holders.

According to the salary comparison as per gender, men in Canada earn 5% more than females on average in every career field. An average salary in Canada worker earns roughly 120,000 CAD per year. Salaries range from 30,200 CAD (the lowest average) to 534,000 CAD (the highest average) (highest average, actual maximum salary is higher).

This is the average annual wage, which includes housing, transportation, and other perks. Salaries for various occupations fluctuate dramatically. See below for salaries for individual job titles if you're interested in learning more about a certain job.