As per recent reports, immigrant incomes have been rising. In 2019, immigrants who had become permanent residents 2018 reported median pay of CAD 31,900. The highest across all groups of immigrants who arrived in Canada since 1981. It was also roughly 4% greater than the earnings of 2017 immigrants. More importantly, it reached 38,800 CAD in 2019, which is approximately 18 percent less than the median wage for Canadian-born workers.
This data comes from a recent study by Statistics Canada on immigrant salaries. The research used information from the Longitudinal Immigration Archive, which allows researchers to look at the characteristics of people with immigrant visas in Canada, encompassing the time of their admission, economic trends, regional mobility, etc.
How Much Does an Average Canadian Migrant Earn?
Learning how much money one can make is part of the Canada PR visa process is a prominent question among many applicants. Since you are moving to the country for better career prospects, it is also advisable to be aware of the typical salary you can draw to live a stable life and pursue greater professional prospects.
Regardless of work experience or job description, Canada provides its inhabitants and citizens with a monthly average pay that allows them to live comfortably. In Canada, the average salary ranges from 30,200 CAD to 534,000 CAD. Moreover, a full-time worker in Canada makes an average of 120,000 CAD each year.
Housing, transportation, and other benefits are included in the average wage. In addition to your profile, sector, and industry type, the amount of compensation you get in Canada is determined by your profile, sector, and work experience.
The Median Salary
The median annual salary in Canada is 112,000 CAD, which means that half of the population earns just under 112,000 CAD and the other half earns more. This is good news for immigrants who are on the Canada PR visa process.
The median and average incomes represent the “middle of the market” in terms of pay. Without affecting the company’s overall operational cost, organizations in Canada seek employees at either the average wage in Canada (jobs in Canada) or the median wage. Your salary is also determined by your degree of education, talents, and experience.
Boosted Earnings by Work Experience in Canada:
People holding an immigrant visa in Canada can gain from having work experience in the country. It helps them to improve their language skills, technical know-how, and understanding of the Canadian labor market. Candidates can have employed as per three categories:
- Working as well as studying
- Full-time work experience
In 2019, the median pay for immigrants with no prior job experience was 39,300 CAD, which was also higher than the median wage for Canadian-born people.
Immigrants with better work experience before admission had the greatest median salary one year afterward. In 2019, the median pay for these migrants approved in 2018 was 44,600 CAD. In addition, work-related experience, in particular, enhanced immigrant incomes in the first year following arrival.
Migrant workers with only learning experience before joining the Canadian workforce seemed to have the lowest median wage one year after arrival (15,100 CAD in 2019). These individuals are young professionals with no experience, so this factor is also critical to assess the salary figures. Still, in all three categories, 2018 immigrants had higher median salaries one year after arriving than 2017 immigrants.
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Salaries Vary Depending on the Profession:
In Canada, your wage is also influenced by the occupation you pick. Here are some of Canada’s highest-paying careers.
Whether it’s construction, systems design, or other engineering disciplines, engineering offers some of the most excellent pay in the country. In addition, as the economy has grown in recent years, job openings have increased.
Still, how much does an engineer earn? They might make up to 36 CAD every hour, depending on various criteria. And, if we assume an 8-hour workday, the annual figures would be around 100,000 CAD. Civil engineering does pay a little less, about 70,000 CAD per year. However, it is still twice the average pay.
Human Resources Management:
Those with a degree in human resource management in Canada have tremendous potential. It has a very competitive wage—particularly when compared to other countries.
In Canada, how much does a Human Resources Department earn? Approximately 4,500 CAD per month, equating to a yearly salary of 54,000 CAD.
Accountants in Canada earn a little more than 40,000 CAD per year. So, after you have a degree and some expertise in this industry, moving to Canada and working in this field is a great prospect.
- Airplane pilots can expect to earn between 70,000 CAD and 100,000 CAD per year.
- Psychologist: A professional psychologist can earn slightly over 100,000 CAD in a year, in addition to being in high demand.
- Business advisor: With a salary of around 70,000 CAD per year, it is one of the most in-demand positions in the country, but it is one of the most demanding professions.
An essential point from this is that from 2017 to 2019, the PR visa process in Canada has enabled competent individuals from all over the world to find lucrative job offers in various positions and industries. The pandemic may have had a negative impact on the country’s economy, but the immigration potential is robust.
By acquiring an immigrant visa in Canada, you can join the workforce and achieve your professional objectives. Many immigration programs and avenues are up for grabs, i.e., selecting the right path may be daunting. More importantly, the in-demand occupations keep changing with the market requirements.
Get in touch with our experts and learn about the in-demand occupations and the wage you can earn from them.
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