If you’re searching for a career, Canada offers plenty of possibilities. This country has become the go-to choice of many immigrants due to its quality education system, universal healthcare system, and the secure job market.
With some research, you can discover the ideal career path for you. Here are some of Canada’s top industries for job seekers.
1. Banking and Financial Services
The financial services industry is an expansive group of businesses that provide various financial products and services, such as saving and lending. It consists of many subsectors, such as retail banking and investment banking.
Banks make up the bulk of this group. Not only do they take deposits and provide loans, but financial services also offer insurance, payment processing, wealth management strategies, and retirement planning advice.
FinTech is an emerging wave of technologies revolutionizing the financial sector. It provides increased savings opportunities and capital access for those who previously had limited options.
The financial services sector is one of the safest and most secure sectors worldwide, making it a great option for job seekers. Furthermore, Canada offers numerous opportunities to immigrants looking to begin a career there.
2. Insurance
Insurance is an ideal way to safeguard yourself against unexpected costs such as car accidents, medical expenses or home damage. By paying a premium, an insurance company promises to pay out a set amount in the event of an insured event.
Insurance companies use sophisticated technology to assess the likelihood of a particular risk and estimate how much it will cost to pay out on claims. They then charge their customers the correct amount, with customers paying a premium for protection.
A career in insurance offers plenty of opportunity for upward mobility, flexibility and above-average advancement within an ever-changing industry. Agents, adjusters and underwriters are among the highest-paid professionals within it; on average they make more than $50,000 annually depending on experience and company size.
3. Architecture
Architecture is a creative career that calls for strong vision and expression. Seeing your ideas come to life in the form of buildings, towns or cities can be immensely satisfying.
You have plenty of job and salary opportunities in this industry, from entry-level positions to those that pay close to six figures. Furthermore, self-employment can be an attractive option for making extra cash flow.
As an architect, you may be eligible to immigrate to Canada through the Provincial Nominee Program (PNP), which permits skilled and semi-skilled immigrants to live and work there. With a valid job offer in Canada for at least one year, it’s possible that you will qualify for Canadian permanent residency.
4. Mining
Mining is the practice of extracting valuable minerals from the earth, such as gold and copper. It plays an essential role in many countries that produce metals, contributing to their economic well-being.
Jobs in the mining sector offer a vast array of skill sets. Whether you are interested in working as a miner, safety officer or human resources, your career prospects are endless.
Salaries vary according to the job, but most positions offer competitive compensation. For instance, senior-level and chief surveyors can earn between $80,000 and $160,000 annually.
5. Healthcare
Healthcare is a field that provides career advancement opportunities and personal fulfillment. It’s also an ideal option if you want to help those in need.
Canada’s health care system is decentralized and universal, incorporating public and private insurance. All citizens and permanent residents receive free hospital and physician services at the point of use.
Healthcare sector jobs and salaries are some of the highest paid in America. Nursing roles tend to start with an average starting salary of $43,000 and can grow substantially over time.
