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The profession of a Chartered accountant is one of the most highly reputed and best-paid careers in Canada. The country provides a very good market for chartered accountants to thrive and grow. The opportunities are high, and so are the competition levels in the industry. Before stepping into a career, let’s have a clear understanding of the salary. Read the following blog completely and learn all the details about the Chartered Accountant salary in Canada.
This Blog Includes:
- Average Chartered Accountant Salary In Canada
- Experience-Based Chartered Accountant Salary In Canada
- Education-Based Chartered Accountant Salary In Canada
- Chartered Accountant Salary In Canada Compared By Sectors
- City-Based Comparison Of Chartered Accountant Salary In Canada
- Chartered Accountant Salary In Canada Compared To Other Professions
- FAQs
Average Chartered Accountant Salary In Canada
The Chartered Accountant salary in Canada is considered quite high compared to many other professions, making it a rewarding career choice. On average, a Chartered Accountant earns about CAD 102,700 per year, with the highest salaries reaching up to CAD 156,200 annually, while the lowest reported earnings are around CAD 54,700 per year.
In terms of monthly pay, the average salary of a CA in Canada is approximately CAD 8,558, with top professionals earning CAD 13,016 per month and the lowest monthly pay being CAD 4,588. These figures highlight the strong earning potential and financial stability that come with a career as a Chartered Accountant in Canada.
Also Read: How to Find Part-Time Jobs in Canada: Complete Guide, Jobs & Visa
Experience-Based Chartered Accountant Salary In Canada
The level of experience is the most important factor that comes into play in the salary range decision for a profession like CA in Canada. The level of experience determines your proficiency at work and level of knowledge. Therefore, the higher experienced employees are paid a higher amount of salary. A chartered accountant with 2 years of experience earns around 23% more salary, comparatively.
The table below shows the average Chartered Accountant salary in Canada, highlighting how earnings grow with experience.
| Experience Level | Average Salary Per Year |
| 0-2 Years | CAD 63,000 |
| 2-5 Years | CAD 83,800 |
| 5-10 Years | CAD 108,200 |
| 10-15 Years | CAD 130,400 |
| 15-20 Years | CAD 140,200 |
| 20+ Years | CAD 153,800 |
Education-Based Chartered Accountant Salary In Canada
There is a difference in the salary based on the level of education qualification for a CA in Canada. The employees with higher educational qualifications are expected to earn a higher amount of salary, considering the higher level of knowledge and skills.
Employees qualified with master’s degrees earn around 29% higher salaries compared to employees qualified with bachelor’s degrees. The table below highlights how education level impacts the Chartered Accountant salary in Canada.
| Educational Qualification | Average Salary Per Year |
| Diploma or certificate | CAD 75,800 |
| Bachelor’s Degree | CAD 101,400 |
| Master’s Degree | CAD 140,200 |
Chartered Accountant Salary In Canada Compared By Sectors
The public and private sectors commonly show a difference in the average pay of employees. The public sector is seen to be paying higher salaries in comparison to the private sector for most professions. The private sector pays approximately 6% lower salaries compared to the public sector.
The table below shows how Chartered Accountant salaries in Canada vary depending on the sector of employment.
| Sector | Average Salary Per Year |
| Public sector | CAD 123,000 |
| Private sector | CAD 115,600 |
Also Read: Top High Paying Jobs in Canada 2025
City-Based Comparison Of Chartered Accountant Salary In Canada
Some cities in the same country show a slight difference in the average salary of the same professions. To get a better understanding of the Chartered accountant salary in Canada, let’s compare salaries in different cities.
Here we have mentioned the Chartered Accountant salary in Canada with a city-wise comparison:
| Cities | Average Salary Per Year |
| Calgary | CAD 118,900 |
| Edmonton | CAD 109,700 |
| Kitchener | CAD 100,700 |
| Mississauga | CAD 111,700 |
| Montreal | CAD 121,800 |
| Vancouver | CAD 114,600 |
| Windsor | CAD 105,800 |
| Toronto | CAD 125,400 |
| Ottawa | CAD 108,200 |
Chartered Accountant Salary In Canada Compared To Other Professions
By comparing the average salary of a chartered accountant with the salaries of other similar professions, a very clear image of the range can be extracted. The following table contains some professions from the same industry and their average salary.
Here we have mentioned the Chartered Accountant salary in Canada compared to different professions for better clarity:
| Profession | Average Salary Per Year |
| Accountant | CAD 80,400 |
| Accounting assistant | CAD 65,100 |
| Accounting head | CAD 169,700 |
| Audit director | CAD 191,100 |
| Billing clerk | CAD 68,100 |
| Bookkeeper | CAD 58,700 |
| Budget analyst | CAD 140,200 |
| Budget manager | CAD 175,200 |
| Cash flow analyst | CAD 134,100 |
| Assistant corporate controler | CAD 112,700 |
| Assistant financial controler | CAD 118,900 |
| Accounts payable clerk | CAD 63,700 |
| Accounts receivable administrator | CAD 117,100 |
| Accounts officer | CAD 68,100 |
In conclusion, the Chartered Accountant salary in Canada is highly rewarding, with strong earning potential that increases with education, experience, and sector of work. Whether in major cities or across industries, Chartered Accountants enjoy competitive pay, making it one of the most sought-after career paths in the country.
Also Read: Graphic Designer Salary in Canada
FAQs
The average salary for a Chartered Accountant (CA) in Canada is approximately CAD 102,700 per year, or roughly CAD 8,558 per month. However, a CA’s salary depends on factors such as experience, location, and other variables.
A pay raise or increment is an annual percentage increase in pay provided to the employee on their fixed salary. The increment rate for the chartered accountant’s salary generally depends completely upon the employer, your performance, and your skills. However, the average percentage of pay raise that a chartered accountant can expect is 10% every 12 months.
There are several efforts made to remove the gender difference from the workplace completely. But certain aspects are yet to move completely in the direction of no difference. There is a slight difference in the salary of a chartered accountant for males and females. The females in this profession are expected to earn around 4% lower salaries compared to the males in the same industry and profession.
A chartered accountant requires the following set of skills:
Strong interpersonal and communication skills
Skill of Commercial Awareness
Professionalism at work
Time management skills
Problem-solving and analytical skills
Attention to detail, etc.
In Canada, there is a great demand for chartered accountants, or CAs. Becoming one of the highest-paid professionals in India is the nicest thing about becoming a chartered accountant. Career options in public accounting, businesses, government, and charitable organisations are varied.
This was a detailed blog with complete information on the Chartered Accountant Salary in Canada. To read more such informative blogs on salary and jobs-related topics, follow Jobs Abroad. To learn about studying abroad, follow Leverage Edu.
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