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Physician - Cardiology Average Salary in Canada 2023

How much money does a person working as Physician - Cardiology make in Canada?

Average Yearly Salary
446,000 CAD
( 37,100 CAD monthly)


A person working as Physician - Cardiology in Canada typically earns around 446,000 CAD per year. Salaries range from 223,000 CAD (lowest) to 691,000 CAD (highest).

This is the average yearly salary including housing, transport, and other benefits. Physician - Cardiology salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Physician - Cardiology Pay Scale and Salaries in Canada

Median and salary distribution Canada Physician - Cardiology yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
410,000 CAD or more
10% of people earn
363,000 to 410,000 CAD
20% of people earn
260,000 CAD or less
65% of people earn
260,000 to 363,000 CAD
Minimum Salary
223,000 CAD
412,000 CAD
691,000 CAD

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Physician - Cardiology salaries in Canada range from 223,000 CAD per year (starting salary) to 691,000 CAD per year (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 412,000 CAD per year, which means that half (50%) of people working as Physician - Cardiology(s) are earning less than 412,000 CAD while the other half are earning more than 412,000 CAD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Physician - Cardiology(s) are earning less than 339,000 CAD while 75% of them are earning more than 339,000 CAD. Also from the diagram, 75% of Physician - Cardiology(s) are earning less than 470,000 CAD while 25% are earning more than 470,000 CAD.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 260,000 CAD to 363,000 CAD. Approximatly 20% fall under the 260,000 CAD cap. Ten percent of wages are from 363,000 CAD to 410,000 CAD. Only 5% of people grossed 410,000 CAD or more.

Physician - Cardiology Salary Comparison by Years of Experience

How does experience and age affect your pay?

Physician - Cardiology average salary change by experience in Canada

0 - 2 Years
267,000 CAD
2 - 5 Years+32%
354,000 CAD
5 - 10 Years+34%
473,000 CAD
10 - 15 Years+19%
564,000 CAD
15 - 20 Years+8%
609,000 CAD
20+ Years+7%
653,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Canada Physician - Cardiology
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Physician - Cardiology salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 267,000 CAD per year.

While someone with an experience level between two and five years is expected to earn 354,000 CAD per year, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 473,000 CAD per year, 34% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Physician - Cardiology whose expertise span anywhere between ten and fifteen years get a salary equivalent to 564,000 CAD per year, 19% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 609,000 CAD per year, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 653,000 CAD per year, 7% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary and Compensation Comparison By Gender - Physician - Cardiology

Salary comparison by gender Canada Physician - Cardiology yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Physician - Cardiology employees in Canada earn 4% more than their female counterparts on average.

455,000 CAD
436,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Canada for all Careers

Salary comparison by gender yearly Canada
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Physician - Cardiology Average Annual Salary Increment Percentage in Canada

How much are annual salary increments in Canada for Physician - Cardiology(s)? How often do employees get salary raises?

Physician - Cardiology

Physician - Cardiology(s) in Canada are likely to observe a salary increase of approximately 15% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Physician - Cardiology
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Canada / All Professions

Annual Salary Increment Rate Canada
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Canada is 7%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Canada for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Physician - Cardiology Bonus and Incentive Rates in Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Physician - Cardiology
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"Physician - Cardiology" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

12% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 88% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Physician - Cardiology Salary Trend and Forecast in Canada

How are Physician - Cardiology salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
406,000 CAD
Average Salary 2020+3%
417,000 CAD
Average Salary 2021+2%
424,000 CAD
Average Salary 2022+3%
437,000 CAD
Percentage increase and decrease are relative to the previous value

Physician - Cardiology salaries in Canada are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast yearly Canada Physician - Cardiology
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Physician - Cardiology Average Hourly Wage in Canada

210 CAD per hour

The average hourly wage (pay per hour) in Canada is 210 CAD. This means that the average Physician - Cardiology in Canada earns approximately 210 CAD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Physician - Cardiology' in Canada is 110 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Physician - Cardiology VS Other Jobs

446,000 CAD
281,000 CAD
178,000 CAD
Average Salary
Physician - Cardiology
Average Salary
Doctor / Physician
Average Salary
Health and Medical

The average salary for Physician - Cardiology is 59% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.

Salary Comparison Between Physician - Cardiology and Health and Medical yearly Canada
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Salary comparison with similar jobs

Job TitleAverage Salary
Advanced Nutrition Aide164,000 CAD-63%
Advanced Practice Provider162,000 CAD-64%
Allergist222,000 CAD-50%
Behavioral Health Specialist140,000 CAD-69%
Chiropractor148,000 CAD-67%
Clinical Psychologist358,000 CAD-20%
Correctional Treatment Specialist221,000 CAD-50%
Counseling Psychologist284,000 CAD-36%
Dermatologist365,000 CAD-18%
Dietitian242,000 CAD-46%
Doctor287,000 CAD-36%
Emergency Department Physician270,000 CAD-39%
Exercise Physiologist296,000 CAD-34%
Forensic Pathologist304,000 CAD-32%
General Medical Practitioner227,000 CAD-49%
Genetic Counselor200,000 CAD-55%
Internist372,000 CAD-16%
Interventionist371,000 CAD-17%
Invasive Cardiologist465,000 CAD+4%
Mental Health Therapst220,000 CAD-51%
Naturopathic Physician353,000 CAD-21%
Neurologist356,000 CAD-20%
Neurophysiology Technologist99,800 CAD-78%
Nuclear Medicine Physician319,000 CAD-28%
Obstetrician / Gynecologist331,000 CAD-26%
Occupational Health Safety Specialist164,000 CAD-63%
Ophthalmologist262,000 CAD-41%
Optometrist266,000 CAD-40%
Pediatrician284,000 CAD-36%
Physical Therapist190,000 CAD-57%
Physical Therapy Director228,000 CAD-49%
Physician - Anesthesiology400,000 CAD-10%
Physician - Cardiology446,000 CAD+0%
Physician - CCU262,000 CAD-41%
Physician - Dermatology348,000 CAD-22%
Physician - Emergency Room271,000 CAD-39%
Physician - Endocrinology359,000 CAD-19%
Physician - Family Practice235,000 CAD-47%
Physician - Gastroenterology331,000 CAD-26%
Physician - Generalist250,000 CAD-44%
Physician - Geriatrics224,000 CAD-50%
Physician - Hematology / Oncology325,000 CAD-27%
Physician - Immunology / Allergy363,000 CAD-19%
Physician - Infectious Disease322,000 CAD-28%
Physician - Internal Medicine369,000 CAD-17%
Physician - Maternal / Fetal Medicine307,000 CAD-31%
Physician - Nephrology353,000 CAD-21%
Physician - Neurology367,000 CAD-18%
Physician - Nuclear Medicine323,000 CAD-27%
Physician - Obstetrics / Gynecology321,000 CAD-28%
Physician - Occupational Medicine258,000 CAD-42%
Physician - Ophthalmology228,000 CAD-49%
Physician - Otolaryngology222,000 CAD-50%
Physician - Pain Medicine215,000 CAD-52%
Physician - Pathology257,000 CAD-42%
Physician - Pediatric Cardiology331,000 CAD-26%
Physician - Pediatric Neonatology328,000 CAD-26%
Physician - Pediatrics279,000 CAD-37%
Physician - Physiatry315,000 CAD-29%
Physician - Podiatry272,000 CAD-39%
Physician - Pulmonary Medicine223,000 CAD-50%
Physician - Radiation Therapy380,000 CAD-15%
Physician - Radiology357,000 CAD-20%
Physician - Rheumatology327,000 CAD-27%
Physician - Sports Medicine337,000 CAD-24%
Physician - Urology410,000 CAD-8%
Physician Assistant199,000 CAD-55%
Physiotherapist208,000 CAD-53%
Podiatrist235,000 CAD-47%
Preventive Medicine Physician286,000 CAD-36%
Psychiatrist306,000 CAD-31%
Psychololgist303,000 CAD-32%
Psychometrician270,000 CAD-39%
Radiologist333,000 CAD-25%
Registered Respiratory Therapist196,000 CAD-56%
Skin Care Specialist182,000 CAD-59%
Urologist408,000 CAD-8%
Vision Rehabilitation Therapist194,000 CAD-56%

Salary Comparison By City

CityAverage Salary
Brampton455,000 CAD
Calgary467,000 CAD
Edmonton453,000 CAD
Gatineau414,000 CAD
Halifax445,000 CAD
Hamilton468,000 CAD
Kitchener445,000 CAD
Markham423,000 CAD
Mississauga445,000 CAD
Montreal466,000 CAD
Ottawa458,000 CAD
Quebec473,000 CAD
Regina422,000 CAD
Richmond409,000 CAD
Saskatoon393,000 CAD
Surrey423,000 CAD
Toronto490,000 CAD
Vancouver471,000 CAD
Vaughan406,000 CAD
Windsor436,000 CAD
Winnipeg459,000 CAD

Salary Comparison By State

StateAverage Salary
Alberta471,000 CAD
British Columbia490,000 CAD
Manitoba473,000 CAD
New Brunswick419,000 CAD
Newfoundland-Labrador402,000 CAD
Northwest Territories436,000 CAD
Nova Scotia445,000 CAD
Nunavut482,000 CAD
Ontario508,000 CAD
Prince Edward Island384,000 CAD
Quebec479,000 CAD
Saskatchewan454,000 CAD
Yukon409,000 CAD

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Canada earn 4% more than their private sector counterparts on average across all sectors.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Physician - Cardiology in Canada?

A good and competitive compensation would range anywhere between 412,000 CAD and 470,000 CAD. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Physician - Cardiology in Canada is ranges from 339,000 CAD to 470,000 CAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

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