Data Scientist Salary In Canada
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Canada has become a prime destination for students pursuing a career in data science, offering prestigious universities that provide advanced education and a wealth of career opportunities. With high demand for skilled professionals, the data scientist salary in Canada is attractive, with competitive salaries offered by top-tier institutions.
The data scientist pay scale in Canada varies depending on experience and location, but the average salary for a data scientist in Canada remains strong, with opportunities for advancement. Smaller class sizes ensure a better teacher-to-student ratio, fostering personalised attention and improving learning outcomes. These factors combined make Canada an exceptional choice for aspiring data scientists.
Average Data Scientist Salaries in Canada
- Entry-Level Roles (Fresh Graduates or Career Transitioners): The average salary ranges from CAD 60,000 to 80,000 per year (INR 37,20,000–48,00,000), varying based on location, company size, and skill set. Major tech hubs like Toronto, Vancouver, and Montreal often offer higher starting salaries.
- Mid-Level Professionals (3–5 Years of Experience): The average salary ranges from CAD 90,000 to 120,000 annually (INR 55,80,000–74,40,000), with specialisation in machine learning or big data analytics significantly boosting earning potential.
- Senior data scientists (8–10 Years of Experience): The average salary exceeds CAD 140,000 per year (INR 86,40,000) and can reach up to CAD 180,000 (INR 1,11,60,000), with leadership roles like Data Science Managers driving earnings even higher.
The salary trends for data scientists reveal that the highest-paying cities in Canada, such as Toronto, Vancouver, and Montreal, offer lucrative opportunities. These hubs see significant demand for data scientists, driven by the rapid adoption of AI and analytics. As the demand for data scientists in Canada continues to grow, professionals can expect ample opportunities for career growth and advancement into high-paying leadership roles.
Factors Affecting Data Scientist Salaries
Here is the list of factors that affect the data scientist salaries in Canada :
- Experience: The data scientist's salary in Canada is influenced by several factors, with experience playing a significant role. Entry-level professionals can expect competitive pay, but salaries grow significantly with experience. For instance, junior roles may offer an average of INR 44,80,725.75 (CAD 75,000) annually, while senior data scientist salaries in Canada can exceed INR 77,66,591.30 (CAD 130,000), reflecting their expertise and ability to handle complex data challenges. This steady rise underscores the career growth Data Scientist professionals can expect over time.
- Industry: Industry is another critical factor. Tech companies and financial services firms typically offer the highest salaries, recognising the strategic value of data-driven decisions. For example, data scientists in fintech or artificial intelligence roles often command higher pay compared to those in retail or healthcare sectors. These salary trends for data scientists highlight the importance of choosing an industry that aligns with their skills and aspirations.
- Location: The cost of living in Canada plays a significant role in salary considerations. While major cities like Toronto, Vancouver, and Montreal offer lucrative opportunities, they also come with higher living expenses. However, the strong demand for skilled professionals in these urban centres often drives up compensation to balance the increased costs.
- Skill Requirements: To excel in this field, understanding data scientist job requirements is crucial. Employers value strong analytical abilities, proficiency in programming languages such as Python or R, and hands-on experience with machine learning models. Meeting these qualifications not only enhances career prospects but also significantly boosts earning potential.
List of average salaries across Canada
Canada offers lucrative opportunities for data scientists, with salaries varying by city, industry, and experience level. Here's a breakdown of salary by experience and city-specific trends:
- Toronto Data Scientist jobs: Toronto, being Canada's financial hub, offers some of the highest salaries for data scientists, averaging INR 56,75,585.95 (CAD 95,000) to INR 71,69,161.20 (CAD 120,000) annually. The city's finance sector roles and demand for AI-driven solutions make it a hotspot for analytics professionals.
- Vancouver Data Scientist salary: Vancouver combines a thriving tech industry with beautiful living conditions. Here, salaries typically range from INR 53,76,870.90 (CAD 90,000) to INR 65,71,731.10 (CAD 110,000). The city's focus on startups and sustainable tech boosts opportunities for data scientists in role.
- Montreal job market: Montreal is known for its dynamic and multicultural workforce. data scientists here earn an average of INR 50,78,155.85 (CAD 85,000) to INR 59,74,301.00 (CAD 100,000). The city's expanding IT analyst salaries reflect its growing tech and AI sectors, along with opportunities in healthcare analytics.
- Calgary: These cities offer competitive salaries in the INR 50,78,155.85 (CAD 85,000) – INR 62,73,016.05 (CAD 105,000) range, particularly for roles in the energy sector and data-driven project manager Canada positions.
- Ottawa: The national capital offers salaries from CAD 80,000 to 120,000 (INR 49,60,000–74,40,000), with opportunities in government-backed projects and tech firms.
- Edmonton: Salaries here range from CAD 70,000 to 110,000 annually (INR 43,40,000–68,20,000), with a growing need for data expertise in the healthcare and education sectors.
- Quebec City: Data Scientists in Quebec City earn between CAD 70,000 and 100,000 per year (INR 43,40,000–62,00,000), reflecting its expanding tech scene.
While cities like Toronto and Vancouver offer higher salaries, professionals must weigh these against the cost of living in Canada when choosing a location.
Takeaway
In conclusion, a Data Scientist's salary by experience in Canada highlights the strong earning potential in this field, with salaries increasing significantly at mid and senior levels. While cities like Toronto, Vancouver, and Montreal offer higher salaries, the cost of living in Canada is a crucial factor to consider when choosing a location. For Indian students, pursuing a master's degree in Canada provides an excellent opportunity to enter this high-demand profession and build a rewarding career in data science.
Unlock your career as a Data Scientist in Canada with AECC's expert guidance on universities, applications, and visas. Connect with us today and start your journey to success!
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Anuj Gupta
Anuj Gupta, with a decade of experience in higher education, has guided countless students to study in Canada. Known for his detailed knowledge of Canadian education and visa processes, Anuj's mentorship has led many to success. Outside work, he's a football player and scuba diver, adding a personal touch to his expertise.
Anuj Gupta
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