Last Updated On 3 December 2023, 6:58 PM EST (Toronto Time)
This article enlists the 45 highest paying jobs in the Toronto area with median wages of more than $50 per hour, as per the new update from the Official Job Bank of Canada on November 29, 2023.
The Job Bank of Canada updates these median salary rates on an annual basis, usually in the fall.
Wages are also adjusted on a regular basis to reflect the most recent provincial or territorial minimum wage.
Jump To
The median wage is a measure of the average wage for each occupation. When wages are stated numerically, the median wage denotes the midpoint of the wage distribution.
According to earnings reported by Job Bank of Canada on November 29, 2023, the below-listed 45 jobs in the Toronto area have an hourly median wage of more than $50 per hour.
Full list of 45 highest-paying Jobs in Toronto Area
OccupationsMedian HourlyWageSenior managers – financial, communications and other business services (00012)$85.47Managers in natural resources production and fishing (80010)$84.84Lawyers and Quebec notaries (41101)$64.90Purchasing managers (10012)$62.78Fire chiefs and senior firefighting officers (40041)$62.09Senior managers – trade, broadcasting and other services (00014)$61.54Engineering managers (20010)$61.54Computer and information systems managers (20012)$61.54University professors and lecturers (41200)$61.54Other professional occupations in physical sciences (21109)$61.06Legislators (00010)$61.00Government managers – health and social policy development and program administration (40010)$60.44Architecture and science managers (20011)$60.00Government managers – economic analysis, policy development and program administration (40011)$58.97Financial managers (10010)$57.69Highest paying jobs in Toronto
You may also like: Ontario Minimum Wage 2023 and Next Raise Date
OccupationsMedian HourlyWageOther managers in public administration (40019)$57.69Corporate sales managers (60010)$57.69Insurance, real estate and financial brokerage managers (10020)$56.41Other business services managers (10029)$56.41Petroleum engineers (21332)$55.77Human resources managers (10011)$55.38Securities agents, investment dealers and brokers (11103)$55.38Physician assistants, midwives and allied health professionals (31303)$55.00School principals and administrators of elementary and secondary education (40021)$55.00Utilities managers (90011)$54.63Metallurgical and materials engineers (21322)$54.56Nurse practitioners (31302)$54.01Banking, credit and other investment managers (10021)$53.42Library, archive, museum and art gallery managers (50010)$53.33Advertising, marketing and public relations managers (10022)$52.88Highest paying jobs in Toronto
You may also like: New Ontario Living Wage Rates For All 10 Regions
OccupationsMedianHourlyWageSoftware engineers and designers (21231)$52.88Senior managers – construction, transportation, production and utilities (00015)$52.63Managers in health care (30010)$52.31Police investigators and other investigative occupations (41310)$52.00Dentists (31110)$51.28Geoscientists and oceanographers (21102)$51.28Mathematicians, statisticians and actuaries (21210)$51.28Program officers unique to government (41407)$51.28Veterinarians (31103)$50.48Administrators – post-secondary education and vocational training (40020)$50.48Physicists and astronomers (21100)$50.00Pharmacists (31120)$50.00Police officers (except commissioned) (42100)$50.00Managers in transportation (70020)$50.00Elevator constructors and mechanics (72406)$50.00Highest paying jobs in Toronto
You may also like: 20 Most In-Demand Skilled Trade Jobs in Ontario for 2024
What is the source of data for the median wages in Toronto?
Statistics Canada’s Labour Force Survey is the primary source of data used to determine wages.
This survey is conducted with a sample of respondents, and the data may be restricted for confidentiality or data quality considerations, but it is the most extensive, current, and unbiased source of occupational pay data.
When the Labour Force Survey data is unavailable, alternate sources are used, such as:
1. Program data from Employment and Social Development Canada, such as survey data from the Employment Insurance program2. Census surveys, provincial and territorial surveys, and administrative statistics3. The Canadian Institute for Health Information and the Canadian Medical Association are two more administrative data agencies.4. Other sources, when applicable
You may also like: Top 10 Highest Paying Occupations In The Greater Toronto Area
highest paying jobs in toronto, new list of highest paying jobs in toronto,
Leave a Reply