Top Careers for Young People in Canada

Young people in Canada have plenty of choice when it comes to career development and growth. Graduates find employment in fields such as healthcare, IT, finance, engineering, pharmacy, and others. Given that many university graduates have student loans to repay, money (and salary) is an important factor in career choice.

Healthcare

Graduates with a degree in Medicine, Pharmacy, or related work in different settings, including hospitals, clinics, private offices, outpatient care centres, etc. Top career choices for young professionals include registered nurse, pharmacist, general practitioner, cardiology technologist, surgeon, and others. The average salary for surgeons, for example, is at $196,000. General practitioners are paid $123,699 on average. General practitioners refer patients to other healthcare professionals, offer advice, prescribe medications, and conduct check-ups. Surgeons treat diseases, disorders, and injuries through operation. They specialize in different areas such as dermatology, cardiology, ophthalmology, and gastroenterology. In general, physicians have different subs-specialties and specialties and work in different fields. They work as radiologists, pathologists, allergists, infectious disease physicians, endocrinologists, pediatricians, gynecologists, and so on.

Information Technology (IT)

Information technology is a fast-growing industry in Canada and around the world. IT professionals work for small businesses, corporations, universities, and organizations. Top career choices include system administrator, IT technician, web developer, software engineer, and programmer analyst. The average salary of software engineers in Canada is at about $69,600 while system administrators are paid about $57,825 on average.

Finance and Economics

Young professionals with a degree in Finance, Economics, or Accounting have good job prospects in Canada. Top career choices include banking and credit manager, purchasing manager, business services manager, and financial manager. The median salary for purchasing managers, for example, stands at $83,429, with wage growth at 15 percent. Banking and credit managers are paid $87,464 on average. Top choices also include positions such as account executive consultant, financial analyst, and business administrative officer. Financial analysts, for example, are tasked with database maintenance, data comparison and analysis, collecting and analyzing operational data, identifying trends, and monitoring variances. Financial managers monitor cash flows, interpret financial results and information, develop and manage budgets, and develop business and strategic plans. They work with and develop relationships with statutory organizations, bankers, solicitors, and auditors. Financial managers work in different settings such as universities, retailers, trusts, multinational corporations, and manufacturing plants. They also work for businesses, financial institutions, charities, and organizations.

Engineering

Engineers find employment in different fields and industries, including biomedicine, manufacturing plants, mines, and others. There is a host of positions for engineers in Canada, including civil, mechanical, and electrical engineer, chemical engineer, maritime engineer, and others. The average salary for mechanical engineers is about $64,000. The salary ranges from $47,123 to $93,191, depending on experience, degree level, and other factors. The average salary for chemical engineers stands at $64,553. Chemical engineers are better paid in Edmonton, Calgary, and Vancouver. The hourly pay in Ottawa, Waterloo, and London stands at $38.46 on average. Engineering careers with good prospects also include positions such as construction manager, chemical process and petroleum engineer, aerospace engineer, and locomotive engineer. The average salary for aerospace engineers stands at about $89,000, with wage growth of close to 33 percent. Chemical process and petroleum engineers are paid $104,000, with average growth of about 14 percent.

Other Career Paths

The list of top career choices includes professions such as lawyer, telecommunication manager, firefighter, police officer, and university professor. The average salary for lawyers stands at about $72,800. University professors are paid $136,000 on average. The salary varies for different positions, for example, lecturers, instructors, associate professors, faculty, and assistant professors.

Additional Resources:

https://www.creditavenue.ca/
https://www.creditavenue.ca/ontario-minimum-wage-increase-bad-for-business-and-bad-for-employment/
https://www.creditavenue.ca/canadas-top-ten-secured-credit-cards/