Psychiatrist Salary Canada



Psychiatrist Salary Canada

The average Psychiatrist Salary in Canada is calculated by the Canadian Salary and Wage Guide and from a variety of other sources. Psychiatrists work in a number of settings including hospitals, clinics and schools. The average salary varies depending on the location and the setting. The assumption was made that the Psychiatrists reflected here were working an average of 35hours per week with a total of 1750 hours per year.

Socialized Medicine
In Canada, Socialized Medicine makes sure that all Canadian citizens are assured medical care for themselves and their family under the Canadian health care system. This health care program provides Canadians preventative, as well as daily medical care from doctors. This ensures all Canadian citizens access to good medical and health care. Nearly all Canadian citizens, regardless of income or medical history qualify for this unique medical care.

Psychiatrist Salary Canada Data:

Median Hourly Salary

Country

Low

Median

High

Canadian

32.2992 CAD

61.1938 CAD

78.3030 CAD

United States

$33.00

$62.52

$80.00

Median Annual Salary

Country

Low

Median

High

Canadian

56,525.95 CAD

107,086.81 CAD

137,027.27 CAD

United States

$57,750

$109,410

$140,000


The lowest psychiatrist salary in Canada is less than $59,000 CAD while the highest earn over $137,000 per year. A number of factors contribute to the salary range. Full time vs. part time employment, rural vs. urban practices, and cost of living all contribute to the disparity in salary.

Top 3 Provinces
The 3 best paying provinces for a psychiatrist salary are Toronto, Calgary and Winnipeg.

Other Industries that Employ Psychiatrists
A number of psychiatrists work for the government and as teachers or faculty at colleges. There are also some psychiatrists working for the Canadian military.

Employment Data
There are about 4000 psychiatrists employed in Canadian provinces and territories.

Where They Work
Of all the Psychiatrists employed in Canada approximately 25% work in educational institutions. Approximately 40% are considered self employed. 20% work directly in health care settings such as hospitals and clinics. The remaining 15% work in local, province and governmental settings.

Benefits
Fringe benefits will vary depending on business size and other factors. A typical employment benefits package is worth over $15,000 CAD per year. Many physicians are self-employed. As a small business they can set up and participate in the benefits that their business provides. While Canada’s healthcare plan covers most healthcare needs there are some that are provided through employer provided benefit plans.