Average Salary in Canada Per Month: Experts Insights 2025

If you’re curious to see what your paycheck might look like compared to what is the average salary in Canada per month and are planning to immigrate to Canada then you're in the right place. Whether you’re thinking of working in Canada, looking at changing careers, or keeping up to date with wage trends, it’s useful to know the Canadian salary landscape, as decisions can be based on them. In this guide, we will delve into the average salary in Canada per month and recent trends, regions, and salaries in the Canadian industries. Furthermore, we'll be looking at factors like knowledge, experience, and the entire economic climate and how these factors can affect your average salary in Canada per month.

Latest Facts and News

• In 2023, the average pay per month in Canada amounted to CAD 5,404, based on an annual salary of CAD 64,850.

• From April 1, 2024, in Canada, the federal minimum wage was increased to $17.30 per hour.

• Normandin Beaudry's Salary Increase Pulse Survey revealed that Canadians should expect average wages to be 2.9 percent greater in 2024.

• According to recent stats, the average salary in Canada per month is about CAD 4,550.

• However, in Canada, salaries are very different across the province, with the largest average salary being in Nunavut at $82,875 per month in 2022.

Understanding the Average Salary in Canada Per Month

If you are wondering about what is the average salary in Canada per month, then you need to know that salaries change tremendously from month to month in Canada, both in terms of sectors, regions and experience. The average salary in Canada per month on a national level is around CAD 5,400. This raw amount is the revenue of all industries, adjusted for inflation and other economic effects. Do note that within this, the general average can widely vary, and salaries differ significantly by field.

Several factors contribute to these averages, including:

• Location: They are very strongly responsive to provincial and regional differences in wages. The average salary in Canada per month in rural areas is different from the average salary in Canada per month in major cities such as Toronto, Vancouver or Montreal.

• Industry: Hospitals and retail are big footfall generators, but the wages here are in the low range for the industry compared to tech, healthcare, finance, or engineering.

• Experience & Education: Where generally speaking, the more education you have, the more you make, and particularly, the more skilled and managers have a better chance at earning more than the average salary in Canada per month.

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Breaking Down the Numbers: Monthly vs. Annual Salaries

If you are wondering what is the average salary in Canada per month, then knowing the difference between monthly and annual salaries is important if you are looking for a job offer or wishing to negotiate a salary.  Most people are aware of monthly paychecks, but annual salaries are often used to paint a bigger picture of earnings. Dividing the figure by 12 will give you the monthly figure. For example:

• Divide the average salary in Canada per month at CAD 64,850 a year by 12, and you get approximately CAD 5,404 a month.

• Depending on the number of hours worked per week, those who work a minimum wage job, with an hourly rate of CAD 17.30, would receive a monthly salary. Without any overtime (40 hours a week), the figure shifts down to around CAD 2,772 a month.

Factors Influencing the Average Salary in Canada Per Month

Canada has many variables that count towards what is the average salary in Canada per month could be. Here are some key drivers:

1. Regional Variations in Canadian Salaries

Salaries in Canada vary greatly by province. These regional salary variations come as a result of the availability of jobs, economic development, and cost of living. Let’s look at a few examples:

• Nunavut: The average salary that a person living in Nunavut sees each month is the highest in Canada. They are anchored in the cost of living and demand for skilled workers in the territory.

• Ontario and British Columbia: Wages are higher in major cities like Toronto and Vancouver than in rural areas. However, the cost of living in these cities is also very high.

• Quebec: You can make less money in Quebec, but the price of living there is lower, so it appeals to quite a few workers.

2. Industry-Specific Salary Insights

Higher wages are found in certain Canadian industries. These high-demand sectors are also known to pay high salaries in firms in areas such as technology, healthcare, and finance. Here’s a closer look at the average salary in Canada per month across some key industries:

• Technology: As a software engineer, data scientist, or IT manager, you might earn around CAD 60,000 to CAD 120,000 annually — or a monthly salary of around CAD 5,000 to CAD 10,000.

• Healthcare: Some of the highest salaries are earned by physicians, nurses, and other healthcare professionals. A family doctor can make an average of CAD 160,000 per year (about CAD 13,333 per month).

• Finance: Salaries for finance careers in Canada such as financial analysts and accountants, both average CAD 50,000 to CAD 90,000 annually (CAD 4,167 to CAD 7,500 per month).

3. Experience Level and Education

Salaries in Canada increase with experience and education, so studying in Canada will be a huge factor in getting those higher. Salaries for entry-level positions are lower, but salaries for mid-career professionals are much larger. For example:

• Entry-level: The starting annual salary may fall around CAD 40,000 to CAD 55,000 (monthly: CAD 3,333 to CAD 4,583) for someone in a junior software developer or marketing assistant position.

• Mid-career: Salaries increase for those with 5-10 years of experience, which can be between CAD 60,000 and CAD 80,000 annually or CAD 5,000 and CAD 6,666 monthly.

• Senior-level: Senior professionals can earn approximately CAD 100,000 or more annually, which translates to monthly earnings of around CAD 8,333 or higher (equivalent to CAD 700 or more weekly).

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Average Salary in Canada Per Month for Different Experience Levels

In Canada as in most other countries, general salaries depend upon an individual’s level of experience. Wages are based on the complexity of the role, the skill required, and the duty. It varies very much from experience to expectations. So, let us take a closer look at exactly how much of the average salary per month is allotted to various sectors at different levels of expertise in Canada.

1. Entry-Level Positions (0-2 Years of Experience)

Salaries tend to be on the lower end of the scale for those who are just entering the workforce or have very little experience. The wages offered for entry-level positions are between CAD 2,500 and CAD 4,000 per month, depending on the sector and the region. Positions can be varied, such as customer service, administrative, or basic technical jobs. However, in some cases, certain industries will pay a little more, notably in tech and healthcare. Examples of Entry-Level Jobs:

• Customer Service Representative: CAD 2,500 – CAD 3,200

• Junior Software Developer: CAD 3,500 – CAD 4,000

• Marketing Assistant: CAD 2,800 – CAD 3,800

While salaries don't come cheap compared to other experience roles, entry-level roles usually provide a lot of growth potential. The higher you climb the career ladder, the more you grow skills and take on more responsibilities, and the more likely you will become to get a salary bump. The average salary in Canada per month for entry-level roles often offers significant potential for advancement.

2. Mid-Career Positions (5-10 Years of Experience)

Entry-level salaries provide a good salary, but mid-career professionals between 5 to 10 years of experience in their field often have a good salary. These workers typically tend to get salaries on average between CAD 4,500 to CAD 6,500 a month. Salary varies depending on location, industry, and education level, amongst others, but the average salary in Canada per month for mid-career professionals is between 5K and 6K. 

• Marketing Manager: CAD 5,000 – CAD 6,500

• Project Manager: CAD 4,800 – CAD 6,200

• Senior Software Developer: CAD 5,500 – CAD 6,500

• HR Manager: CAD 4,500 – CAD 5,800

Individuals usually specialize their skills further, take greater responsibilities, and become more familiar with their industry at this time. Along with mid-level professionals, many mid-career professionals also start assuming leadership roles, which attracts additional perks like bonuses, profit sharing, and job security, and you can expect a higher average salary in Canada per month. 

3. Senior-Level Positions (10+ Years of Experience)

Individuals with over 10 years of experience at the senior level are typically paid salaries in the range of CAD 7,000 to CAD 10,000 per month. They are usually the ones who lead the teams and manage or run the agency as a whole. They bring a wealth of experience in the industry they work in and the skills to command a salary commensurate with their standing. Examples of Senior-Level Jobs:

• Senior Project Manager: CAD 7,500 – CAD 9,500

• Software Engineering Lead: CAD 7,000 – CAD 9,000

• Operations Manager: CAD 7,500 – CAD 10,000

• Senior Marketing Director: CAD 8,000 – CAD 10,000

Oftentimes, these roles require a great deal of expertise, a good professional network, and the skill to lead large teams or projects. A high average salary in Canada per month, bonuses, and equity are seen by senior professionals in industries such as finance, technology, and healthcare as their compensation packages. 

Factors That Influence Salary by Experience Level in Canada

While the experience level is a significant determinant of salary, other factors can also play a crucial role in salary determination:

• Industry: Some industries, such as technology, finance, and healthcare, are known to pay higher than others. They pay differently at every level of experience, too, compared to, for example, retail or hospitality.

• Location: In major urban centers such as Toronto, Vancouver, and Calgary, salaries tend to be higher than in smaller cities or rural areas, as the cost of living in these areas is also higher.

• Education: Usually, there is an increase in salary for those with advanced degrees or certifications. For example, someone with an MBA, an advanced engineering degree, or some specialized certification may be paid more than their fellow worker without an MBA or advanced engineering degree or certification.

• Company Size and Profitability: Large companies in high-yielding industries can afford to spend larger budgets to offer competitive salaries to employ top talent. However, smaller companies might not have the same financial capacity but could make up with things like flexible work hours, an increased amount of vacation time, or early onsite investors.

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Salary Growth and Progression Over Time in Canada

It’s also worth noting that salary is not inherently a linear growth as well. With experience and skills, new hires quickly see rapid salary increases. But as people climb up the career ladder, earnings can level off or decline — especially if you hit a wall in terms of job duties. Professionals at these levels need to continue to advance and may need to change industries, seek additional education, or seek leadership opportunities. In Canada, people who are gradually climbing up the career ladder can have their average salary in Canada per month increasing steadily; the more responsibility that they are paid to shoulder, the more experienced they have to be.

Comparing Canadian Salaries to Global Standards

Taking Canadian salaries relative to other countries, Canada is often known for having a very high level of living. Compared to other G7 nations, salaries in Canada are among the most competitive, but others do vary based on which country you’re in.

• The average salaries in the United States are higher, naturally, but the cost of living is too high in big cities such as New York or San Francisco.

• If you look at countries like Germany or France, salaries are not much different from those of Canada, but taxes and social security contributions can be higher.

Understanding Salary Components in Canada: Gross vs. Net Income

Typically, an employee’s gross salary is more than the amount of salary the employee receives on their paycheck because some amount of salary is deducted. It is the total before taxes, federal and provincial, and other benefits going to the pension plan and other benefits. After deducting all that from that before taxes, the net income is what you take home.

For example:

• This is a person with a monthly income of CAD 5,000, whose deductions of income tax, Canada Pension Plan (CPP), and Employment Insurance (EI) will make take-home pay down to about 20 to 30 percent of the total, thus around CAD 3,500 to CAD 4,000.

Tips for Negotiating a Higher Salary in Canada

If you're looking to increase your salary in Canada, here are a few practical tips:

• Know Your Worth: Look through the typical salaries for your field and experience level.

• Highlight Your Experience: Remember to highlight any specific skills you have that are unique or skills you have mastered.

• Consider Additional Benefits: Employers often compensate offers with non-salary perks such as additional vacation days, healthcare coverage, and remote work, but there are no guarantees.

Projected Salary Growth in Canada: Future Trends

The Canadian economy keeps expanding, and it’s predicted salaries will rise by approximately 2-3% per year. We expect higher growth rates in industry salaries in technology, healthcare, and renewable energy sectors as the need for specialized skills continues. But future salary trends will also be shaped in part by inflation, cost of living adjustments, and changes in the labour market.

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Conclusion

Despite all of this, Canada continues to be one of the most attractive countries for skilled professionals, with competitive salaries and a range of career opportunities in all sectors. If you want to understand the average salary in Canada per month, as well as the main factors influencing earnings, it is important to adjust your professional and personal life accordingly. After taking into consideration regional differences, industry insights, and experience levels, you can account for what’s realistic in this country, which is vibrant, so you can plan your, financial future.

Find out what your potential in Canada can be and get the next step closer to a fulfilling and financially rewarding career by contacting TerraTern!