Showing posts with label average salary in canada. Show all posts
Showing posts with label average salary in canada. Show all posts

Monday, February 6, 2023

Here Are The Top High-In-Demand Jobs in Canada in 2023!

 The labor shortage in Canada is there for the past decade and the government of Canada is addressing this issue aptly. They are increasing the number of targeted immigrants each year. Not to forget about the Immigration Plan for 2023-2025, which is aimed to welcome a significant number of skilled immigrants. People from underdeveloped countries are attracted to the high average salary in Canada whereas the Canadian government needs to fulfill almost a million job vacancies in the country. Therefore, this situation is a win-win situation for both parties. 

If you are a professional who is seeking to move to Canada, then this information will be important for you. We will be finding out the top jobs in the Canada occupation in-demand list in 2023.

Web Developers- If you are a web developer who specializes in app and website development, then you should find a reliable employer in your field in Canada. In other words, you can obtain a work permit under Global Talent Stream and Provincial Nominee Program. The processing time may vary as per the profile and chosen route but the chances of landing in Canada will be high. The average salary of a web developer can be between 72k to 96k, and Alberta, Ontario, and Manitoba are the highest-paying provinces for this job.

Drivers- There is a great requirement for truck drivers, long-haul drivers, and forklift drivers in Maple Leaf country. Moving goods from one place to another can be efficiently done by the commercial drivers. This raises the demand for drivers, and it is one of the important jobs in the Canadian occupation in-demand list in 2023. Finding employment in Canada as a driver is feasible and well-paid as well. This profession is easy to enter and only requires appropriate licensing and truck driver training completion. The annual salary of a commercial driver is between 46k to 64k. Although the demand for truck drivers is high in every province, Nova Scotia, British Columbia, and New Brunswick have special requirements for this occupation.

Welder - In Canada’s vast manufacturing industry, the demand for welders is immense. If you are a welder with good experience and exposure to a specific industry, then you are welcome in Canada. In fact, the Canadian government plans to invite around 28k welders into the country in the next five years. The best part is welders can serve the needs of many industries in Canada and will be paid well. You should apply for welding positions and attain a strong advantage in an amazing country like Canada while fulfilling one of its job vacancies. The wage for welders can be up to $41 per hour and Saskatchewan, Alberta, and British Columbia are high-paying provinces for this occupation.

Veterinarians- A significant number of vets are required for a country like Canada with many pet lovers. Unfortunately, there are currently very fewer veterinarians in Canada, which takes the demand for this occupation to another level. To become a vet in Canada, you will require a degree from a veterinary school and a license from the regulatory body of a particular province. IRCC is planning to welcome more vets through the Provincial Nominee program. An average salary of a veterinarian can be up to 95k and Calgary, Saskatchewan, and Edmonton pay the high salaries to the vets.

Just like this, there are many other occupations that are a part of the Canada occupation in-demand list in 2023. Feel free to contact Nationwide Immigration Services to know about more in-demand professions or to get your profile evaluated by our experts. 

Read More:- 

What is a good IELTS score for Canada PR Visa?

Important Things to Know When Moving to Canada!

Canada's Occupation in Demand List 2022 | Find Your NOC

How Much CRS is Score Required For Canada PR?

Friday, May 6, 2022

Are Chartered Accountants in demand in Canada?

 Chartered accountants have ample opportunities of finding work almost anywhere in the world. To this end, the Institute of Chartered Accountants of India (ICAI) offers a series of instructional sessions on professional aspects to young accounting professionals. The Institute of Chartered Accountants of India (ICAI) CA qualification is considered equivalent to a postgraduate degree. Therefore, there are many opportunities for Indian Chartered Accountants in Canada.

A chartered accountant's average yearly salary in Canada is $62,500, or $32.05 per hour. Starting salaries for entry-level positions start at $57,000 per year, with the highest-paid employees earning up to $90,500 per year.

Canada are the three primary national accountancy bodies in Canada.

  • The Canadian Institute of Chartered Accountants (CICA)
  •  The Certified General Accountant Association (CGA) - Canada
  •  The Certified Management Accountant (CMA)

Under the rules of the MoU, ICAI members in good standing with the required experience are excused from CPA Canada's practical training requirements, as well as from participating in the CPA Professional Education Program (CPA PEP), Capstone 1 and Capstone 2 modules, and from passing the final exam.



There are three main advantages for Indian CA to practise in Canada:

  • To begin with, Canada's immigration process is rather simple and transparent when compared to those of other countries such as the United States, Australia, and New Zealand. There is express entry, as well as more than 80 different programmes to apply for a PR, such as the PNP and business visas.
  •  Second, the economy of Canada is relatively stable. Canada has the fastest expanding economy among the three countries: the United States, Australia, and Canada. There are lower chances of a recession or similar event given the current state of affairs.
  •  Finally, there is a significant presence of Indian CAs in Canada. CICA and ICAI had already signed a Memorandum of Understanding (Canadian Institute of Chartered Accountant). Following the merger, the ICAI is in discussions with CPA Canada regarding renewing the certification. As a result, Indian CAs will be able to receive CPA (Canada) registration, letting them to join Canada's formalised profession.

It's worth noting, that Indian chartered accountants who want to work in Canada under the "professional" category of the Immigration Act and Regulations will need a labour market opinion and a work visa. Also, Indian Chartered Accountants are only allowed to work in foreign departments with Indian operations; alternatively, you must enrol in a locally recognised college course, check what exemptions you are entitled to as a result of your Indian education, and complete that course in order to practise in both foreign and Indian operations.

New job vacancies for financial auditors and chartered accountants are predicted to reach 79,600 between 2019 and 2028, with 79,500 new job seekers (resulting from school leavers, immigration, and mobility) available to fill them. The equilibrium between labour supply and demand exhibited in recent years is predicted to remain over the projection period, as job vacancies and job searchers are expected to be at nearly comparable levels.

The code for anyone wishing to move to Canada as a chartered accountant is 1111 in the Financial Auditors and Accountants category on the Canadian NOC List. The NOC Code for Accountants Immigrating to Canada is also known as the NOC Code for Accountants. Accountants Canada's code contains the following Migration Groups and Sub Groups, according to the NOC Classification Schedule:

Accountant, analyst, audit unit head – taxation, auditor – finance, auditor-CA (chartered accountant), auditor-chartered accountant (CA), bank branch accountant, bankruptcy trustee, budget accountant, CA (chartered accountant), certified general accountant (CGA, certified, management accountant (CMA), CGA (certified general accountant), chartered accountant (CA), chartered accountant (CA) student, chief accountant, CMA (certified management accountant), cost accountant, cost accountant, financial accountant, general accountant, tax accountant, income tax specialist, project accountant amongst others.

 

Friday, April 29, 2022

Which province in Canada has more job opportunities 2022?

 In November 2021, employment in Canada increased by 154,000, or 0.8 percent, over the same month in 2020. At the same time, unemployment fell to 6% in the same month. The services and goods-producing sectors of the Canadian economy saw a significant boost. In comparison to 2020, full-time employment increased by 0.5 percent, while part-time employment increased by 2.1 percent. The increase in employment was spread across nine Canadian provinces as per the occupations-in-demand in Canada. New employees (those who have been on the job for less than three months) saw their earnings rise quicker than those who have been on the job for more than 18 months.

The Canadian economy has been doing fairly well and is recovering fast from the effects of the COVID-19 pandemic. The job markets in Canadian provinces have a favourable prognosis for 2022, thanks to Canada's consistent and deliberate steps in the area of immigration. The benefits of increasing immigration will transfer to a healthier labour market and a better economy as more immigrants arrive to work in Canada.




Top Canadian provinces with employment increase in 2022

Let's take a look at how the current job and employments trends in Canadian provinces in 2022:

  • Ontario

Employment increased by 68,000 in Ontario. This was the sixth month in a row this year that the rate of job opportunities grew. Finance, construction, wholesale and retail commerce, healthcare, and insurance were among the industries that increased full-time employment

  • Toronto

In November 2021, the Toronto CMA saw a 44,000 rise in new employment opportunities. In the same month, the unemployment rate in Toronto CMA was 7%, which was 0.9 percent lower than in October 2021. In addition, it was the lowest since February 2020.

  • Quebec

A rise in occupational employment in Quebec was seen as 46,000 new vacancies were filled. In the same month, the unemployment rate fell by 1.1 percent to 4.5 percent.

  • Montreal

By November 2021, the Montreal CMA saw an increase of 56,000 new employment opportunities. The unemployment rate dropped from 6.4 percent in October 2021 to 4.8 percent in the same month.

  •   Alberta

In November 2021, Alberta's employment increased by 15,000 people. Construction and wholesale and retail trade were the key drivers of the increase. Alberta's employment rate was 64 percent, which was greater than any other provinces.

  • Newfoundland and Labrador

Employment in Newfoundland and Labrador increased as per the occupations in demand by 9,100 in number. The rise was entirely due to full-time employment. Unemployment fell by 3.5 percentage points to 10.4 percent. The number of jobless people fell by 8,800.

  •      Nova Scotia

The number of people working in Nova Scotia increased by 3,700. Since October 2021, the unemployment rate in Nova Scotia remained unchanged.

  •         Prince Edward Island

In November 2021, employment on Prince Edward Island increased by 2,900. When compared to October 2021, the unemployment rate in PEI fell to 8% from 8.1 percent.

  •       British Columbia

In 2021, the employment in British Columbia remained stable. This level has been sustained for the past five years. The province's unemployment rate was 5.6 percent for that year.

 

So, we can deduce from this data that the job increase in Alberta and Ontario appears to be consistent with a good ration of average salary in Canada. British Columbia also maintained its employment level over time, indicating that it will continue to be a reliable job supplier in 2022. Quebec too cannot be overlooked as a source of stable employment in the last year. 

Saturday, April 23, 2022

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.

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