- 1 The impact of COVID-19 on the average salary in Canada in 2021
- 2 How much does a Canadian employee earn?
- 3 The average annual salary in Canada by province (data from January 2020)
- 4 Provinces and territories with the largest wage increases
- 5 Average annual salary in Canada by occupation (data from September 2021)
- 6 Canada’s fastest growing industries
- 7 Canadian industries where the average annual salary has decreased
- 8 Canadian employment sectors with the highest average annual salary
- 9 Canadian employment sectors with the most declining wages
What is the average Canadian salary in 2021? Is there an industry that is growing more than other sectors? Statistics Canada has published a table explaining the weekly earnings of Canadians by industry and province.
By analyzing this data, we can find answers to the question: “What is the average salary of a Canadian?” while providing employees and job seekers with useful information about their industries. At the same time, young people preparing to enter the labor market can learn where their skills will be most valued. They can thus target their job search on these sectors.
Jobillico has developed a salary calculator in Canada. It allows you to know the salaries of your industry, to compare them with those of other cities and to apply directly to the best job offers in your area.
The impact of COVID-19 on the average salary in Canada in 2021
The jump in the unemployment rate experienced in 2020 has returned to normal, especially after the start of the various vaccination campaigns. Sanitary restrictions have eased, especially in summer and autumn.
Even if the situation is still unknown and we cannot predict what will happen on the job market, we see that many workers have decided to change careers and professional horizons for 2021.
How much does a Canadian employee earn?
In September 2021, the average salary for a Canadian employee across the country reached $65,773.18 per year. The trend is increasing. In other words, the majority of Canadians earn more money than the previous year.
The average annual salary in Canada by province (data from January 2020)
Average salary in Canada in 2021 by province. Image: Jobillico Newfoundland and Labrador – $58,843.20 New Brunswick – $53,026.48 Nova Scotia – $50,965.20 Prince Edward Island – $49,704.20 Quebec – 55,706.56 $ Ontario – $60,667.88 Manitoba – $53,448.72 Saskatchewan – $57,943.08 Alberta – $64,191.92 British Columbia – $59,108.92 Yukon – $69,043.52 Northwest Territories – $80,381.08 Nunavut – $77,257.44
Let’s take a closer look at these numbers. The fact that the average salary has increased does not necessarily mean that the population obtains the same salary in all the provinces. According to Statistics Canada data, the average salary is high in Ontario, Alberta and British Columbia, provinces that are economically strong.
At the same time, typical annual wages in Saskatchewan and Newfoundland and Labrador have become among the highest in the country, matching those in Ontario and being surpassed only by Alberta. It should also be noted that the highest average salaries in Canada are those of Nunavut and the Northwest Territories. These are indicators that the Canadian energy market still dominates the national economy.
Provinces and territories with the largest wage increases
As we have seen, average salaries in Canada vary from one province to another. There are several provinces that have experienced significant increases of around 8% over the past year. The Yukon had the largest increase in the country with 11.7%. The other province to have experienced an increase that exceeded 10% was British Columbia, with an increase of 10.7%.
Yukon +11.7% British Columbia +10.7% Ontario +9.3% Prince Edward Island +8.3%
According to the figures, all the provinces experienced an increase except for Nunavut. Provincial employees saw their wages drop by 11.06%, from $87,3500 to $77,257.44 per year. The good news is that despite this decline, employees in Nunavut remain the second highest paid earners in the country.
Average annual salary in Canada by occupation (data from September 2021)
Accommodation and food services $24,027.64 Administrative, support, waste management and remediation services $50,084.32 Arts, entertainment and recreation $37,700 Construction $71,399.64 Educational services 61 $726.60 Finance and Insurance $75,977.72 Forestry, Operations and Support $67,057.12 Health Care and Social Assistance $51,264.72 Information and Cultural Industry $86,197.80 Corporate Management and businesses $82,704.96 Manufacturing $62,551.32 Mining, quarrying, and oil and gas extraction $116,592.84 Professional, scientific and technical services $80,285.40 Public administration $76,752 Services real estate, rental and leasing $63,319.36 Retail trade $34,476 Transportation and warehousing $61,727.64 Utilities $97,522.36 Wholesale trade $70,382.52
Canada’s fastest growing industries
Studying industries that are experiencing an above-average level of salary growth can be a great tool for job seekers. Some employment sectors have experienced still significant economic growth that exceeds 10%, for example:
Forestry, operations and support – + 14.2% Information and cultural industries – + 20.3% Management of companies and enterprises – + 10.9% Real estate, rental and leasing services – + 8.1%
As we can see, the information and cultural industries have experienced extraordinary economic growth across the country. Salaries increased by 20.3%.
Also, the areas of Forestry, operations and support, as well as the management of companies and enterprises have experienced strong growth during the past year. So this is good news for people who practice in these fields. This could motivate some to invest in a career or training in these areas.
Canadian industries where the average annual salary has decreased
Although there are sectors in which the average salary has increased during the current year, certain areas have seen the opposite trend. Indeed, wages fell in five sectors until September 2021:
Arts, entertainment and recreation – 6.3% Manufacturing – 3.9% Health care and social assistance -3.1% Finance and insurance -1.3% Retail trade – 0.1%
The fact that the average wage in these industries has fallen does not mean that there are only low-paying or minimum-wage jobs to be found. By knowing these general trends, you are in a better position to plan your professional future.
Canadian employment sectors with the highest average annual salary
Mining, quarrying, and oil and gas extraction – $116,592.84 Manufacturing – $97,522.36 Information and cultural industries – $86,197.80 Business management – $82,704.96 Professional, scientific services and technical – $80,285.40
According to data collected by Statistics Canada, the highest paying sectors are those related to energy and natural resources, and management positions in large institutions. Jobs in mining, quarrying, and oil and gas extraction have the highest average annual salary in the country, reaching into the six-figure range.
Canadian employment sectors with the most declining wages
Accommodation and food services $24,027.64 Retail trade $34,476.00 Arts, entertainment and recreation 37,700.00
Unfortunately, these three sectors have experienced a decline in income, annual salaries are still far from $50,000.00 / year. In addition, these are the sectors most affected by job cuts and health measures since the start of the COVID-19 pandemic.
These areas of employment will still need support for the next few months before they can bounce back and regain their usual clientele.
Employment sectors that require highly specialized knowledge and experience continue to have high average annual salaries. These sectors include business and corporate management as well as scientific and technical services.
Although the average salary in the finance sector has decreased, this can be mainly attributed to fluctuations in the global economic market.
Statistics Canada data clearly shows that each employment sector and each region of the country offers unique job opportunities for job seekers. Understanding the average salary in Canada in 2021 is a useful tool for job seekers looking to plan for their future and determine where their skills and abilities will be most valued.