Do pharmacists make a lot of money in Canada?

Asked by: Tara Bogan PhD  |  Last update: August 1, 2025
Score: 4.4/5 (37 votes)

The average pharmacist salary in Canada is $96,914 per year or $49.70 per hour. Entry-level positions start at $78,000 per year, while most experienced workers make up to $134,982 per year.

Is pharmacy a high paying job in Canada?

The average annual salary for a Pharmacist in Canada is $112,117. Pharmacists work at drug stores, clinics, hospitals, schools, prisons, or military bases, where they: Dispense medications.

Who gets paid more, pharmacist or nurse?

The average salary for a pharmacist is $126,946 per year . Depending on their experience, annual salaries may range from $107,453 to $133,697. The average national salary for a registered nurse is $89,850 per year .

Which country has highest pharmacist salary?

The highest paying countries for pharmacists are the USA, Switzerland, Denmark, Canada, Ireland, United Kingdom, Australia, Germany, Sweden and UAE, each renowned for their well-established healthcare systems and competitive compensation packages.

Is it worth it to become a pharmacist in Canada?

Advantages and Benefits of Working as a Pharmacist in Canada

The advantages of working as a chemist in Canada include: A salary that is competitive, Great healthcare benefits. A good level of living.

What Pharmacists Make in Canada (Pharmacist Salary Revealed)

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Can a US pharmacist work in Canada?

All international pharmacy graduates (IPGs) who wish to obtain a licence to practise pharmacy in Canada are required to enroll in the NAPRA Gateway before applying for document evaluation with PEBC. The NAPRA Gateway provides a streamlined approach to facilitate the licensure process for IPGs.

Who earns more pharmacist or nurse in Canada?

However, salary and opportunity specifics may vary based on factors such as location, experience and specialization. According to the Canadian Government Job Bank, the average wage for pharmacists in Canada is $ 5.86 an hour, while the average wage for registered nurses is $39.81 an hour.

Are pharmacists well paid in USA?

In the US, pharmacists typically make about $119,025 a year or $57.22 an hour on average. New pharmacists usually start at around $104,822 a year, while those with lots of experience can make up to $200,000 a year.

What is the best country to migrate to as a pharmacist?

Top 5 Countries for Pharmacists to Migrate, Practise, and Settle
  • Australia.
  • New Zealand.
  • Ireland.
  • Canada.
  • Dubai.

What type of pharmacist is the highest paid?

High Paying Pharmacist Jobs
  • Chief Pharmacist. Salary range: $137,500-$166,500 per year. ...
  • Pharmacy Consultant. Salary range: $104,000-$163,500 per year. ...
  • Pharmacometrician. Salary range: $140,500-$162,500 per year. ...
  • Hospital Pharmacist. ...
  • Pharmaceutical Physician. ...
  • Registered Pharmacist. ...
  • Inpatient Pharmacist. ...
  • Long Term Care Pharmacist.

Do pharmacists or dentists make more money?

Average Pharmacist Pay vs.

Pharmacists earned an average salary of $134,790 in 2023. Comparable jobs earned the following average salary in 2023: Physicians made $263,840, Dentists made $191,750, Registered Nurses made $94,480, and Pharmacy Technicians made $43,330.

Why are pharmacists paid so high?

The average pharmacist salary in the US is $120,270.

Pharmacist pay is so high because pharmacists must attend fours years of PharmD school in addition to undergrad coursework, the profession requires specific expertise and a variety of skills, and because demand for pharmacists is growing.

Which branch of pharmacy makes the most money?

The highest paying pharmacists jobs are in-store pharmacist (average salary: $156,000), compounding pharmacist ($150,000), hospital pharmacist ($148,000), and pharmacometrician ($142,000).

What jobs pay $500,000 a year in Canada?

500k salary jobs
  • Family Physician *Relocation Opportunity* ...
  • Senior Account Executive - Enterprise Software and Services. ...
  • Family Physician - Prevention Medicine. ...
  • Real Estate Development - Architecture Leadership Positions. ...
  • Business Development Representative. ...
  • Strengthen your profile.

Is there a shortage of pharmacists in Canada?

The Canadian Pharmacists Association (CphA) reports that there a national shortage of pharmacists in Canada.

How much do pharmacists make at Walmart in Canada?

Walmart pay FAQs

The average salary for a Pharmacist is $107,301 per year (estimate) in Canada, which is 2% higher than the average Walmart salary of $105,000 per year (estimate) for this job.

Which country has the highest demand for pharmacists?

Best Countries for Pharmacists to Practice : Exploring Career Opportunities
  • Canada: A Haven for Pharmacists. Canada tops the list of dream destinations for many overseas pharmacists globally. ...
  • United Kingdom: A Pillar of Stability. ...
  • United States: The Land of Opportunity.

What countries accept US pharmacist license?

Countries where U.S. pharmacists can pursue licensure include Canada, the United Kingdom, Australia, and New Zealand. Each country has different licensing requirements. But as a general rule, they require at least passing an exam and completing a supervised practice period before you can practice.

What percent of pharmacists do residency?

The graduating class match rate to PGY1 residencies was 14.2% for all colleges and schools, 16.0% for public colleges and schools, and 12.6% for private colleges and schools. Colleges and schools with a first graduating class greater than 20 years ago matched 16.7% of students to residency programs. Conclusion.

Who earns more, a doctor or a pharmacist?

The differences between medical doctors and pharmacists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a medical doctor has an average salary of $181,967, which is higher than the $118,968 average annual salary of a pharmacist.

What is the highest-paying pharmaceutical job?

11 best-paying jobs in the pharmaceutical industry
  1. Medical science liaison. ...
  2. Pharmaceutical financial analyst. ...
  3. Regulatory specialist. ...
  4. Pharmaceutical sales representative. ...
  5. Clinical data manager. ...
  6. Pharmaceutical outside sales representative. ...
  7. Drug manufacturer. ...
  8. Research scientist.

In what state do pharmacists make the most money?

1. California

California leads the board as one of the highest-paying states for pharmacists due to a combination of several factors like a diverse patient population and plenty of healthcare facilities. Consequently, pharmacists in California often tend to earn more than the national average.

What jobs pay $300,000 a year in Canada?

Highest Paying Jobs In Canada
  • Medical Anesthesiologist (NOC 31100) Annual average base salary: $391,568. ...
  • Cardiologist (NOC 31100) ...
  • Surgeon (NOC 31101) ...
  • Psychiatrist (NOC 31100) ...
  • Orthodontist (NOC 31110) ...
  • Controller (NOC 00012) ...
  • Cloud Architect (NOC 21231) ...
  • Software Engineering Manager (NOC 20012)

Are pharmacists respected in Canada?

Today's pharmacists are highly respected as the medication management experts of the health care team. They collaborate with patients, their families and other health care providers to benefit the health of Canadians.

What jobs pay 100k a year in Canada?

Discover 10 little-known and well-paid professions in Canada.
  • cloud architect. Cloud architects build virtual infrastructure. ...
  • business analyst. ...
  • machine learning engineer. ...
  • quality assurance manager. ...
  • plant engineer. ...
  • assistant controller. ...
  • logistics manager. ...
  • accounting manager.