Medical Specialist salary in Canada

The average medical specialist salary in Canada in 2024 is CAD 196,500 per year (CAD 16,375 per month, or CAD 3,779 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

Medical Specialists in Canada earn between CAD 127,700 and CAD 285,000 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

A medical specialist in Canada earns approximately CAD 16,375 per month (gross) in 2024, based on an annual average of CAD 196,500. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Canada.

Entry-level medical specialists in Canada typically earn between CAD 127,700 and CAD 167,000 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Yes. Based on available data, Medical Specialist salaries in Canada have grown by approximately 17% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Whether CAD 196,500 per year is a good medical specialist salary in Canada depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

Canada's medical specialist salary of CAD 196,500/yr (among comparable economies) is higher than 1 country and lower than 7 countries in the Americas region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.