Data analytics has become a vital component of the emerging digital economy. A profession in data science ranks as one of the most desirable career options, with the highest wages in the Canadian job market. Data scientists and data analytics professionals make a good living even in the beginning phases of their careers.
What is the Average Data Analyst Salary in Canada?
Data analysts have been among the most desired specialists in various industries and earn among the highest pay scales. To get a Data Analyst job and make an attractive wage, you need to be equipped with the essential abilities, and you should periodically improve your skills to keep up with changing market trends. Several elements influence the data analyst salary in Canada, but their abilities are by far the most important ones.
Data Analyst Salaries by Experience in Canada
The amount of experience constitutes one of the most important elements influencing data analyst salary levels. The more years of experience a data analyst has, similar to many other occupations, the better their paycheck will likely be.
Gaining fresh insight and expertise can enhance salaries and maintain competitiveness in the job marketplace as the data analytics industry keeps expanding and changing. Data analysts may successfully improve their earnings prospects by furthering their schooling, acquiring skills through on-the-job training, or earning extra certifications.
The data analyst salary in Canada can be classified into the following based on experience:
Entry Level
According to surveys conducted by several well-known websites, the average data analyst salary in Canada at the entry-level ranges from CAD 54,000 to CAD 61,700 per year.
2 to 4 years
After a thorough survey with several data analysts, various websites have collected the data for the salary with 2-4 years of experience. The average data analyst salary in Canada for 2-4 years of experience ranges from CAD 60,000 to CAD 85,100 per year.
5 to 7 years
According to studies conducted by popular job-oriented websites, the average data analyst salary in Canada with experience of 5-7 years ranges from CAD 85,000 to CAD 121,000 per year.
8+ years
The average data analyst salary in Canada, after having experience in the industry for more than 8 years ranges from CAD 121,000 to CAD 148,700 per year.
Data Analyst Salaries by Industry in Canada
There are many different international businesses and organizations in the Canadian job market. Employers from various industries, including the banking sector, information technology (IT), health services, the retail industry, and products and services, offer well for hiring data scientists. Some of the industries and the data analyst salary in Canada in those industries:
Financial Data Analyst
Financial analysts study the effects of investments, securities, bonds, and market developments. They can then offer advice to both individuals and companies.
The financial data analyst’s salary in Canada ranges between CAD 47,000 – and CAD 107,000 per year.
Market Data Analyst
Market analysts acquire and assess competitors and consumer data. Their actions could influence the development of new services and goods or marketing strategies.
The market data analyst’s salary in Canada ranges between CAD 34,000 – CAD 100,000 per year.
Healthcare/Medical Data Consultants
Healthcare consultants (also known as healthcare analysts) collect and analyze information from various sources, including wearable technology, monetary statements, patient surveys, and electronic medical records. This can help enhance patient care and healthcare institutions’ management.
The healthcare/medical data consultant or data analyst salary in Canada ranges between CAD 27,000 – CAD 100,000 annually.
Technical Data Analyst
A technical or systems analyst utilizes data to investigate how effectively an organization’s information technology (IT) foundation satisfies its business needs (or if the technology is a product and meets a customer’s requirements). They will study user data, hardware, software, and other factors to enhance existing protocols and create new ones.
The technical data analyst’s salary in Canada ranges between CAD 47,000 – and CAD 95,000 per year.
Scientific Data Analyst
A scientific data analyst is a professional who collects, organizes, and analyzes scientific data to gain significant understanding and form findings. They are employed in many branches of science, including biology, chemistry, physics, environmental studies, and social studies.
Canada’s scientific data analyst salary ranges between CAD 46,000 – and CAD 94,000 per year.
Data Analyst Salaries in Canadian Regions
Your income as a data analyst might be significantly influenced by the place where you live. Large cities generally have higher living expenses; hence, jobs typically pay higher salaries. Since increasing numbers of businesses are employing a globally scattered workforce, primarily remote workers, it is prevalent for corporations to present location-based data analyst salaries in Canada – salaries that include geography alongside their merits alone. Here is the list of the data analyst salaries in Canada:
Quebec
The average data analyst salary in Quebec is CAD 137,466.
Montreal
On average data analyst in Montreal earns CAD 63,757.
Ontario
The average data analyst salary in Ontario is CAD 129,033.
Toronto
The average data analyst salary in Toronto is CAD 64,852.
Ottawa
The average data analyst salary in Ottawa is CAD 72,405.
Mississauga
The average data analyst salary in Mississauga is CAD 64,852.
Alberta
The average data analyst salary in Alberta is CAD 97,528.
Calgary
The average data analyst salary in Calgary is CAD 70,968.
Edmonton
The average data analyst salary in Edmonton is CAD 68,483.
Nova Scotia
The average data analyst salary in Nova Scotia is CAD 88,647.
Saskatchewan
The average data analyst salary in Saskatchewan is CAD 84,971.
British Columbia
The average data analyst salary in British Columbia is CAD 76,664.
Vancouver
The average data analyst salary in Vancouver is CAD 66,840.
Manitoba
The average data analyst salary in Manitoba is CAD 75,338.
New Brunswick
The average data analyst salary in New Brunswick is CAD 78,000.
How to Get a Higher Data Analyst Salary
Some of the factors that influence the data analyst salary in Canada:
Expand Your Skill Set
Ongoing education and skill development are necessary for a higher salary in the rapidly advancing data analytics sector. Candidates that show an aptitude for learning and adjusting to novel concepts and methods can often be appreciated by organizations.
Data analysts can also boost their earning capacity by keeping up with market trends and advancements.
Choose the Right Location
The salary of a data analyst in Canada can be significantly influenced by their geographical location. Depending on the cost of living and the demand for data analysts in different areas, salaries for professionals in this field may vary considerably. For example, data analysts working in major cities generally earn higher salaries compared to those in smaller towns or rural regions.
Negotiate Your Job Offer
When applying for a data analyst job, prepare with the expectation of obtaining multiple job offers. Following that, using that salary data as an advantage, you can ask for a raise at the position you want. Utilize pay calculators to research the market worth of your abilities and see how your income varies.
Pursue a New Degree or Certification
Participating in an organized course is worthwhile to make yourself stand out in the recruiting marketplace. There are many options; seek a data analyst course that highlights portfolio building, project-based learning, and mentoring.
Conclusion
Data analysis is an essential aspect of product creation and company achievement. Job consultants worldwide are drawn to positions in this industry because advanced nations account for a substantial portion of the worldwide data science and analysis market. Starting with the Data Analytics Professional Certificate on Simplilearn, you can acquire the necessary career-ready skills. Receive close collaboration with a community of data professionals to learn essential analytical skills like SQL, R, and Tableau and earn a valuable certification from a pioneer in the field for your resume.
FAQs
1. How much is a data analyst paid in Canada?
The data analyst salary in Canada varies in the different cities in the country according to the factors such as job location, skillset, experience, etc. A Data analyst on an average earns around CAD 65,202 in Canada.
2. Is data analyst high paying in Canada?
Yes, data analysis is a high-paying job in Canada. A Data analyst on an average earns around CAD 65,202 in Canada.
3. Is data analysis a good career in Canada?
Data analyst is one of the most promising careers in the Canadian economy. Data analysts are in high demand in Canada, and has some of the highest-paying jobs in Canada.
4. Do you need a degree to be a data analyst in Canada?
You do not need a full degree to be a data analyst in Canada, but you need to have certification for the required skills for a data analyst job. Join courses that can help you gain the required skills and knowledge using hands-on projects and live sessions with industry experts.
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