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How Much Do Doctors Make in Canada in 2026?

Updated

Doctor salaries in Canada require more nuance than most professions because physicians are typically self-employed and bill their provincial health plan directly. The gross billing number that appears in public reports can be misleading — it includes overhead expenses like clinic rent, staff salaries, equipment, and insurance, which consume 20-40% of revenue before the doctor takes any income. After overhead and taxes, a family physician’s take-home pay is much closer to $120,000-$180,000 than the $300,000+ gross figure that makes headlines.

Average Doctor Salary by Specialty

Family Medicine & General Practice

Experience Level Gross Billings Overhead (25–30%) Net Before Tax After-Tax Income
Resident (PGY1–PGY2) $65,000–$75,000 N/A (salaried) $65,000–$75,000 $48,000–$55,000
New graduate (1–3 years) $250,000–$300,000 $62,500–$90,000 $160,000–$237,500 $100,000–$150,000
Mid-career (5–15 years) $300,000–$380,000 $75,000–$114,000 $186,000–$305,000 $120,000–$180,000
Established (15+ years) $350,000–$450,000 $87,500–$135,000 $215,000–$365,000 $140,000–$200,000

Specialist Physicians

Specialty Average Gross Billings Overhead % Estimated Net Income Training Length
Ophthalmology $700,000–$900,000+ 35–45% $385,000–$585,000 5 years post-MD
Orthopedic surgery $650,000–$850,000 30–40% $390,000–$595,000 5 years post-MD
Cardiology $550,000–$750,000 25–35% $357,500–$562,500 6 years post-MD
Radiology $500,000–$650,000 20–30% $350,000–$520,000 5 years post-MD
Plastic surgery $500,000–$700,000 35–45% $275,000–$455,000 5 years post-MD
Urology $450,000–$600,000 30–35% $292,500–$420,000 5 years post-MD
Gastroenterology $450,000–$600,000 25–30% $315,000–$450,000 6 years post-MD
General surgery $400,000–$550,000 25–35% $260,000–$412,500 5 years post-MD
Anesthesiology $350,000–$500,000 15–25% $262,500–$425,000 5 years post-MD
Internal medicine $300,000–$450,000 20–30% $210,000–$360,000 4 years post-MD
Dermatology $400,000–$600,000 30–40% $240,000–$420,000 5 years post-MD
Emergency medicine $300,000–$400,000 10–15% $255,000–$360,000 5 years post-MD
Psychiatry $280,000–$400,000 15–25% $210,000–$340,000 5 years post-MD
Pediatrics $250,000–$380,000 20–30% $175,000–$304,000 4 years post-MD

Doctor Salaries by Province

Alberta is the most lucrative province for physicians by a wide margin. It combines the highest gross billing rates with Canada’s lowest top marginal tax rate (48.0%), compared to over 53% in Ontario, BC, and Nova Scotia. Saskatchewan also pays well for specialists due to rural community demand. Doctors willing to practise in underserved areas often receive additional incentives like signing bonuses, relocation grants, and overhead subsidies.

Province Family Physician (Gross) Specialist (Gross Avg) Overhead Costs Tax Rate (Top Bracket)
Ontario $300,000–$380,000 $400,000–$600,000 Higher (real estate) 53.5%
British Columbia $280,000–$360,000 $380,000–$580,000 Higher 53.5%
Alberta $320,000–$420,000 $420,000–$650,000 Moderate 48.0%
Quebec $280,000–$350,000 $350,000–$550,000 Moderate 53.3%
Manitoba $280,000–$360,000 $350,000–$500,000 Lower 50.4%
Saskatchewan $300,000–$400,000 $380,000–$550,000 Lower 47.5%
Nova Scotia $270,000–$340,000 $340,000–$500,000 Lower 54.0%
New Brunswick $270,000–$340,000 $330,000–$490,000 Lower 52.5%

Alberta offers the highest gross billings AND lowest top tax rate, making it the most lucrative province for physicians.

How Doctors Get Paid in Canada

Payment Model How It Works % of Physicians Typical Income
Fee-for-service Billed per patient visit/procedure to provincial health plan ~70% Varies by volume
Salary/contract Fixed annual salary from hospital or health authority ~15% $250,000–$400,000 fixed
Capitation/blended Per-patient payment + fee-for-service components ~10% Similar to FFS
Academic University salary + clinical billings ~5% $200,000–$500,000

Medical Professional Corporation (Tax Planning)

Incorporating through a Medical Professional Corporation (MPC) is one of the most powerful tax planning tools available to Canadian physicians. By paying the small business tax rate (9-12.2%) on the first $500,000 of active income instead of personal rates (up to 53.5%), doctors can defer $80,000-$120,000 per year in taxes. This deferred money can be invested inside the corporation, growing tax-efficiently until it is withdrawn in retirement when the physician is likely in a lower tax bracket.

Feature Unincorporated Incorporated (MPC)
Tax on first $500K of active income Personal rate (up to 53.5%) Small business rate (9–12.2%)
Tax savings on $400K net income $0 $80,000–$120,000/year deferred
Income splitting Limited Dividend to spouse/family (with TOSI rules)
Retirement savings (beyond RRSP) RRSP only ($31,560 limit) Corporate investing + RRSP
Setup cost $0 $2,000–$5,000 initial, $3,000–$5,000/year maintenance
Available provinces N/A All provinces allow MPCs

Path to Becoming a Doctor in Canada

Becoming a physician in Canada requires 10-18 years of post-secondary education, the longest training pipeline of any profession in the country. Medical school admission is extremely competitive, with acceptance rates of 5-15% at most Canadian schools. Residents work 60-80 hours per week while earning roughly $65,000-$85,000 per year. The financial trade-off is that doctors start earning significant income much later than most professionals, often carrying $100,000-$250,000 in student debt into their early 30s.

Stage Duration Earnings/Costs
Undergraduate degree 4 years −$30,000 to −$80,000 (tuition)
Medical school (MD) 4 years −$60,000 to −$100,000 (tuition)
Residency (family medicine) 2 years $65,000–$75,000/year (salaried)
Residency (specialist) 4–7 years $65,000–$85,000/year (salaried)
Fellowship (sub-specialist) 1–3 years $75,000–$90,000/year
Total training after high school 10–18 years $100,000–$250,000 debt typical
First year as attending (family) $250,000–$300,000 gross
First year as attending (specialist) $350,000–$600,000 gross

Canada vs US Doctor Salary Comparison

Specialty Canada (Gross CAD) US (Gross USD) US (in CAD equiv.) US Premium
Family medicine $300,000–$380,000 $250,000–$300,000 $340,000–$410,000 ~10–15%
Orthopedic surgery $650,000–$850,000 $550,000–$700,000 $750,000–$950,000 ~15–25%
Cardiology $550,000–$750,000 $450,000–$600,000 $615,000–$820,000 ~10–15%
Anesthesiology $350,000–$500,000 $350,000–$450,000 $480,000–$615,000 ~25–35%
Emergency medicine $300,000–$400,000 $300,000–$400,000 $410,000–$545,000 ~35%
Psychiatry $280,000–$400,000 $250,000–$350,000 $340,000–$480,000 ~20%

US numbers are before malpractice insurance ($10,000–$200,000 USD/year in the US vs $1,000–$6,000 CAD/year in Canada via CMPA).

Overhead Breakdown for Typical Family Physician

Expense Annual Cost % of Gross
Clinic rent $30,000–$60,000 8–16%
Staff salaries (receptionist, nurse) $40,000–$80,000 11–21%
Medical supplies $5,000–$15,000 1–4%
EMR/technology $3,000–$8,000 1–2%
CMPA (insurance) $1,000–$6,000 <1%
Office expenses/admin $5,000–$15,000 1–4%
Accounting/legal $5,000–$10,000 1–3%
Total overhead $89,000–$194,000 25–40%