An accountant’s salary in Canada ranges from around $48,000 per annum at entry-level to approximately $130,000 in 2023. Mid-range salaries are in the region of $80,000 per annum.
What Is An Accountant’s Salary In Canada By Province?
The best government statistics for comparing wages by province are presented as hourly pay rates. This applies to all occupations, including those where pay is based on an annual salary.
Low and high wage rates are provided along with the average median wage; the median is the middle point of the data range when all wages are listed in numerical order.
| Accountant's Hourly Wages By Province (NOC 11100) | |||
| Province | Low ($ Hr) | Median ($ Hr) | High ($ Hr) |
| Canada | 23.00 | 38.46 | 62.50 |
| Alberta | 25.00 | 44.18 | 67.33 |
| British Columbia | 22.12 | 35.00 | 55.29 |
| Manitoba | 20.51 | 35.00 | 54.95 |
| New Brunswick | 20.51 | 31.25 | 54.95 |
| Newfoundland | 22.00 | 38.46 | 61.54 |
| Northwest Territories | 27.43 | 51.37 | 90.98 |
| Nova Scotia | 19.95 | 32.97 | 58.97 |
| Nunavut | N/A | N/A | N/A |
| Ontario | 23.00 | 37.98 | 65.87 |
| Prince Edward Island | 20.00 | 34.35 | 57.69 |
| Quebec | 24.04 | 36.81 | 57.69 |
| Saskatchewan | 22.67 | 40.87 | 61.79 |
| Yukon Territory | 22.62 | 36.65 | 55.14 |
| This information has been compiled from several sources, including data from Statistics Canada and the Labour Force Survey. As of May 2023 this is the most recent published data, gathered from prior years surveys. | |||
Which Province Has The Highest Accountant’s Salary In Canada?
The highest mid-range accountant’s salary in Canada is in Northwest Territories, where salaries are almost 35% above the national average. However, if you prefer to be further south, the next best-paid accountants are in Alberta.
Salaries in Alberta are typically higher than in other provinces in Canada. This applies across all job sectors, but the most significant differences are seen in occupations related to the oil and gas industry.
At the other end of the scale, the lowest accountant’s salary in Canada is found in New Brunswick, closely followed by Nova Scotia, where mid-range salaries are 15-20% lower than national averages. However, the cost of living in these provinces is lower than in many regions of Canada, so salaries should be viewed in this context.
Are Accountants In Demand In Canada?
According to government projections, the prospects for accountants in Canada range from “moderate” to “very good,” depending on the province. The best prospects are in Saskatchewan and Yukon.
The job market is pretty balanced and expected to continue like this for the foreseeable future. Government projections (carried out by EDC) for 2022 to 2031 showed projected job openings for accountants as 88,000, compared to 79,800 new job seekers who will fill these posts.
An accountant’s salary in Canada in 2023 is expected to be around 4% higher than an accountant’s salary in Canada in 2022.
What Is An NOC Code In Canada?
National Occupational Classification Codes (or NOC Codes) are numbers used to categorize jobs in Canada. All occupations are numbered based on the training, education, experience and responsibilities required to perform the job. In 2022 a new system of numbers was introduced whereby the previous 4-digit NOC codes were replaced with new 5-digit codes.
What Is The NOC Code For An Accountant In Canada?
The current NOC code for an accountant in Canada is 11100 (note that under the old system the NOC code was 1111). This NOC code covers all jobs with the following names:
- Accountant
- Chief accountant
- Financial auditor
- Income tax expert
- Industrial accountant
- Internal auditor
- Government accountant
- Forensic accountant
- Chartered accountant
Note that this NOC code doesn’t include bookkeepers, this occupation is covered by NOC code 12200.
Can Immigrant Accountants Work In Canada?
Internationally educated accountants may be able to apply for a licence to practice in Canada without having their qualifications assessed.
This is because the Canadian CPA (Chartered Professional Accountants Canada) has reciprocal agreements with some counties, which means automatic acceptance of their qualifications.
If you qualify under one of these agreements, you will still need to take a CPA professional development course to maintain your licence. However, you will have a time frame of several years to complete this.
For those not covered by a reciprocity agreement, you must apply to the provincial regulator to have your qualifications assessed. The regulatory body will provide details of any bridging courses you must complete.
The CPA website provides detailed information about the various routes for becoming licensed in Canada.
The good news is that the NOC code for this job sector appears on the Government of Canada’s list of target occupations for immigration. This means that you could be eligible for the Federal Skilled Workers Program, which provides express entry to Canada.
What Is An Accountant’s Salary In Ontario?
An accountant’s salary in Ontario ranges from $48,300 to $138,327 annually. The mid-range salary is around $79,758, which is just slightly lower than the national mid-range salary of $80,766 in Canada.
The highest accountant’s salary in Ontario is in the Ottawa region, where accountants are paid around 8% more than provincial averages. An accountant’s salary in Toronto is marginally higher than the provincial average.
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What Is An Accountant’s Starting Salary In Ontario?
The starting salary for an accountant in Ontario is $48,300. This is in line with average starting salaries for accountants across Canada.
What Is An Accountant’s Salary In Toronto?
A mid-range accountant’s salary in Toronto is $80,766, which is close the provincial averages. However, it’s important to note that Toronto has a high cost of living, with some of the highest real estate costs in Canada. This means that while salaries may be higher, the cost of living may offset these earnings. You might enjoy a higher standard of living outside of Toronto.
What Is An Accountant’s Salary In Ottawa?
A mid-range accountant’s salary in Ottawa is $85,827, a little higher than in Toronto. Also, property costs in Ottawa are generally lower than in Toronto, which means that you are likely to enjoy a higher standard of living.
Are Accountants In Demand In Ontario?
Yes, accountants are in demand in Ontario. The job prospects here are rated “good,” according to government forecasts covering 2022 to 2024. The demand for CPAs (Chartered Professional Accountants) is particularly strong.
What Is An Accountant’s Salary In Alberta?
An accountant’s salary in Alberta ranges from $52,500 to $141,393 annually. The mid-range salary in Alberta is $92,778, which is significantly higher than the national mid-range salary of $80,766 in Canada.
What Is An Accountant’s Starting Salary In Alberta?
The starting salary for an accountant in Alberta is $52,500, which is higher than the national starting salary of $48,300 in Canada.
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What Is An Accountant’s Salary In Calgary?
A mid-range accountant’s salary in Calgary is $92,778, which is higher than the average for Canada. In addition, Calgary has a lower cost of living compared to most other major cities in Canada, which means you might enjoy a higher standard of living here.
What Is An Accountant’s Salary In Edmonton?
A mid-range accountant’s salary in Edmonton is $92,883. Edmonton has a low cost of living, especially when it comes to property prices, which could mean your salary will go further here than in other major cities in Canada.
Are Accountants In Demand In Alberta?
Absolutely, accountants are in high demand in Alberta. In fact, Alberta is one of the highest-paying provinces for accountants in Canada. The demand for CPAs is also high, with job postings seeing a significant increase.
What Is An Accountant’s Salary In BC?
An accountant’s salary in BC ranges from $46,452 to $116,109 annually. The mid-range salary in BC is $73,500, which is lower than the national mid-range salary of $80,766 in Canada.
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What Is An Accountant’s Starting Salary In BC?
The starting salary for an accountant in BC is $46,452, which is slightly lower than the national starting salary of $48,300 in Canada.
What Is An Accountant’s Salary In Vancouver?
A mid-range accountant’s salary in Vancouver is $73,500. Vancouver is known for its high cost of living, with some of the highest real estate costs in Canada. This could mean that despite a decent salary, the cost of living may offset these earnings. You might enjoy a higher standard of living outside of Vancouver.
What Is An Accountant’s Salary In Victoria?
A mid-range accountant’s salary in Victoria is $72,030. Property costs in Victoria are generally lower than in Vancouver, which means that despite the slightly lower salary, your salary might go further in Victoria compared to Vancouver.
Are Accountants In Demand In BC?
Yes, accountants are in demand in BC and across most of Canada. The job prospects in BC are rated “good,” according to government forecasts covering 2022 to 2024. Opportunities for accountants are supported by growth in finance, insurance, and professional, scientific and technical services.
Where To Find More Information About Accountancy Jobs In Canada
If you would like more specific information for a particular job or location, the online “Job Bank” is a great resource.
The “Trends Analysis” section allows you to search for a job type in any location. It will then provide information including:
- Average wages levels
- Marketplace trends
- Qualification requirements
- Geographic comparisons
- Currently available jobs
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