Average Salary in Canada for Indian Students

So you have plans to study and work in Canada? This comprehensive guide covers information about the average salary in Canada for Indian students after completing their studies. Know about the highest-paying jobs and growing industries in Canada to know your earning potential on Canadian soil.

If you are planning to work study or work in Canada, then you should know the average Salary in Canada for Indian professionals. Canada is one of those selected study destinations in the world that offers top-notch education, multicultural experiences, and a welcoming environment. The Canadian education system trains Indian students to be industry-ready but do you know the pay rate in Canada for Indian students?

Knowing the average salary in Canada per month will help you to choose the best courses in Canada for your higher study. According to Statistics Canada reports, the weekly salary in Canada is CAD 1,136 (INR 69,704) in the year 2020. The monthly pay in Canada depends on various factors such as educational background, work experience and more. In this blog, we will cover the details of the Average salary in Canada for Indian students after completing their higher studies.

What is the Average Salary in Canada?

According to the official data from the Labour Force Survey (LFS), the average salary in Canada per month is nearly CAD 5404 (INR 3,31,612) and CAD 64,850 (INR 39,79,467) in October 2023. Salaries can differ significantly across provinces and territories. For example, average pay in cities like Toronto, Vancouver, and British Columbia is higher than average.

Average Salary in Canada for Indians

Every year thousands of Indian students apply to get admission into top universities in Canada. There is no doubt that the salary of Indian students in Canada is much higher than in India. Here, you need to keep in mind that Canada is costlier than India.

According to Glassdoor, the range of average salary in Canada is CAD 40K - CAD73K (INR 24,54,000 to INR 44,78,550) per year. On the other hand, the average salary in India is INR 400,000 to INR 16,00,000 per year. This salary does not include the cash compensation.

Industry-Wise Average Salary in Canada

Candidates who are coming to Canada for work opportunities with higher pay should know about the industry-wise average salary. Below, we have mentioned the top industries and their average salary in Canada for international working professionals.

Industries in Canada	Average Annual Salary in CAD	Average Annual Salary in INR
Mining, quarrying, and oil and gas extraction	98,000	59.72 Lakhs
Professional, Scientific, and Technical services	73,128	44.56 Lakhs
Healthcare	71,000	43.26 Lakhs
Construction	71,000	43.26 Lakhs
Transportation and Warehousing	71,000	43.26 Lakhs
Finance and insurance	67,000	40.83 Lakhs
Educational services	67,000	40.83 Lakhs

Source: Payscale

High Salary Jobs in Canada

Here is the list of jobs with a lucrative salary in Canada

High-Paying Jobs in Canada	Average Annual Salary in CAD	Average Annual Salary in INR
Cardiologist	280,591	1.7 Cr
Anesthesiologist	358,908	2.1 Cr
Psychiatrist	298,065	1.8 Cr
Physician	254,847	1.5 Cr
Surgeon	279,646	1.7 Cr
Orthodontist	209,373	1.2 Cr
Chief marketing officer	109,196	66.60 Lakhs
Software engineering manager	143,044	87.25 Lakhs

Fastest Growing Industries in Canada 2024

According to CIC News Canada, here are some of the fastest-growing industries in Canada. These industries are creating job opportunities for Indian professionals.

1. Technology- According to the government of Canada, the government is planning to invest USD 20 Billion in developing infrastructure and the tech sector. Also, the government is attracting investors to invest in Canadian AI companies. Students who are going to study courses related to Engineering, Software development and AI will get job opportunities after completing their studies.
2. Healthcare- The demand for medical professionals is increasing in Canada. 35% of Canada’s physicians, 23% of nurses and 39% of dentists are Immigrants in Canada. This shows the job opportunities in Canada for Indian students. Canada can be a good option for medical studies.
3. Agriculture- According to the Royal Bank of Canada, 40% of Canadian farmers will retire by 2033. To manage the workforce in this sector, the government must attract foreign nationals.
4. Real Estate- The real estate sector recorded a booming growth after the Covid-19 pandemic.

Experience-Wise Average Salary in Canada

Work experience is one of the major factors to affect the average salary in Canada. Fresh graduates have limited working experience that's why their salary range is below average. With mid-range working experience, you develop some skills that helps you to increase your earning potential. You can expect salary raises, bonuses and other compensation based on your skills. The average pay in Canada varies for different industries and locations.

For example, the entry-level CA Salary in Canada is CAD 60,469 (INR 37,03,460) per year. It increases with experience. Students who are coming to be a CA in Canada need to pursue Chartered Professional Accountants (CPA Canada). The most experienced CA salary in Canada is up to CAD 107,314 (INR 65,72,510) per year.

City Wise Salary in Canada

Planning to study or live in Canada? then understanding the city-wise salary difference is important. The cost of living in Canada depends on the city-wise average pay. For example, Toronto is one of the most expensive cities in the world to study or live in. The cost of studying in Toronto is comparably more expensive than other Canadian cities. Here we have mentioned a detailed list of city-wise salaries in Canada.

Canadian Cities	CA Salary in CAD Per Year	CA Salary in INR Per Year
Toronto	73,000	44.46 Lakhs
British Columbia	69,000	42.03 Lakhs
Alberta	70,000	42.64 Lakhs
Quebec	70,000	42.64 Lakhs
Ottawa	68,000	341.42 Lakhs

Source: Payscale

Cost of Living in Canada

Accommodation, tuition fees, and daily expenses are part of cost of living in Canada for international students. A student needs to have CAD 1,945 to CAD 3,713 per month to live in this country. This is a rough figure without tuition fees and it can vary on the basis of your lifestyle. This amount is enough for a single person whether they are working or studying.

Cost of Studying in Canada for Indian Students

Students who want to study in Canada with an affordable budget should consider Public Universities for their studies. These universities have lower tuition fees compared to private universities or colleges. Here is the range of cost of studying in Canada for Indian students.

• Undergraduate program – CAD 13,000 to CAD 20,000 (INR 7.96 Lakhs to INR 12.25 Lakhs approx)
• Postgraduate degree- CAD 17,000 to CAD 25,000 (INR 10.41 Lakhs to INR 15.32 Lakhs approx)

Taxes and Deductions-H3

According to the latest Government of Canada, here is the federal income tax rates for individuals. Check the table below to understand the tax system of Canada.

Taxable Income Threshold	Tax Rate
Up to $55,867	15%
Over $55,867 to $111,733	20.5% on the portion exceeding $55,867
Over $111,733 to $173,205	26% on the portion exceeding $111,733
Over $173,205 to $246,752	29% on the portion exceeding $173,205
Over $246,752	33% on the portion exceeding $246,752

We hope that you have got information about the average salary in Canada based on education, experience and other factors. This information will be helpful for you to choose a course to achieve your career goals.

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Candidates looking for assistance with universities in Canada can get in touch with our Shiksha Study Abroad Counsellors on our website. Readers with queries can get in touch with us in the comments section below.