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Nov 29, 2023 · People working as a medical doctor in Canada usually earn between $$88,755.00/year and $$450,137.00/year. Whether you want to negotiate a salary, plan your career or track employment trends, you should know how much workers earn in your region.
Curious about what a doctor’s annual salary is in Canada? This article lists the average yearly compensation for physicians across 17 different specialties. Net income among physicians varies widely.
- Number of Patients
- Specialization
- Location
- Whether You Receive Alternative Payment Methods
- Whether You Have Your Own Practice
- Whether You Do Research Or Teach
The average physician salary in Canada comes frommany sources. The main one is a fee for service model that allows physicians to bill the government for each patient they see. Canadian doctor salary is comprised of a rate per service, which is claimed and submitted to the government for compensation. Under this model, the average doctor salary will...
Just like your specialization will determine the rate you charge per visit, the average annual salary for a doctor in Canada will depend on your specialization. According to the CIHI, the average gross payment per physician in 2020 was $354,000. Family medicine doctors earned $287,000, medical specialists earned $370,000, and surgical specialists e...
A main driver for salary fluctuation is the province & location a doctor chooses to practice in. While all provinces and territories use the fee for service model, there is some variability in what you are allowed to charge in each province. Even location premiums depend on your level of specialization – more highly specialized physicians will earn...
Depending on your specialization, you may be able to earn more for your services outside the fee for service model. These alternative methods include salaries, sessional and hourly rates, capitation models and contract work. According to Glassdoor, the average physician salary was $142,000, although this figure doesn’t account for fee for service b...
Doctor salary in Canada can also be impacted by their choice of work environment. Working in a hospital or for a larger medical institution can mean a lower average annual salary for a doctor, since doctors with their own medical practice are free to pay themselves a salary or another form of compensation as income from the practice. Doctors with t...
Your research interests can also impact the amount of salary you could earn. Through working with a university or a research institute, some doctors can earn a higher salary for themselves by teaching, researching, and planning and organizing conferences. Physicians can add to their doctor salary through an academic salary as a researcher, or teach...
Resident salaries are determined by two things: your training year, and which province you're working in. Learn how much medical residents make in Canada.
How much do doctors make in Canada? Physician incomes vary widely depending on your area of specialty and the province or territory you practice in. Physicians in Canada make an average of $388,000 per year (2021 figure).
Mar 27, 2024 · With 1,000 salaries reported, updated at March 4, 2024, the average salary for a physician in Canada is $284,515 (CAD) per year according to Indeed. Please note that since U.S. doctors do not report to government regulatory bodies, salary data is generally obtained through self-reported surveys.
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How much money does a family doctor make in Ontario?
For the average urban, full-time, 100% clinic-based family physician, you're probably looking at an average of 200-300k gross per year although some insanely hard working docs make significantly more. Take-home pay will be significantly less than the gross when you account for overhead and tax.