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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 LevelGross BillingsOverhead (25–30%)Net Before TaxAfter-Tax Income
Resident (PGY1–PGY2)$65,000–$75,000N/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

SpecialtyAverage Gross BillingsOverhead %Estimated Net IncomeTraining Length
Ophthalmology$700,000–$900,000+35–45%$385,000–$585,0005 years post-MD
Orthopedic surgery$650,000–$850,00030–40%$390,000–$595,0005 years post-MD
Cardiology$550,000–$750,00025–35%$357,500–$562,5006 years post-MD
Radiology$500,000–$650,00020–30%$350,000–$520,0005 years post-MD
Plastic surgery$500,000–$700,00035–45%$275,000–$455,0005 years post-MD
Urology$450,000–$600,00030–35%$292,500–$420,0005 years post-MD
Gastroenterology$450,000–$600,00025–30%$315,000–$450,0006 years post-MD
General surgery$400,000–$550,00025–35%$260,000–$412,5005 years post-MD
Anesthesiology$350,000–$500,00015–25%$262,500–$425,0005 years post-MD
Internal medicine$300,000–$450,00020–30%$210,000–$360,0004 years post-MD
Dermatology$400,000–$600,00030–40%$240,000–$420,0005 years post-MD
Emergency medicine$300,000–$400,00010–15%$255,000–$360,0005 years post-MD
Psychiatry$280,000–$400,00015–25%$210,000–$340,0005 years post-MD
Pediatrics$250,000–$380,00020–30%$175,000–$304,0004 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.

ProvinceFamily Physician (Gross)Specialist (Gross Avg)Overhead CostsTax Rate (Top Bracket)
Ontario$300,000–$380,000$400,000–$600,000Higher (real estate)53.5%
British Columbia$280,000–$360,000$380,000–$580,000Higher53.5%
Alberta$320,000–$420,000$420,000–$650,000Moderate48.0%
Quebec$280,000–$350,000$350,000–$550,000Moderate53.3%
Manitoba$280,000–$360,000$350,000–$500,000Lower50.4%
Saskatchewan$300,000–$400,000$380,000–$550,000Lower47.5%
Nova Scotia$270,000–$340,000$340,000–$500,000Lower54.0%
New Brunswick$270,000–$340,000$330,000–$490,000Lower52.5%

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 ModelHow It Works% of PhysiciansTypical Income
Fee-for-serviceBilled per patient visit/procedure to provincial health plan~70%Varies by volume
Salary/contractFixed annual salary from hospital or health authority~15%$250,000–$400,000 fixed
Capitation/blendedPer-patient payment + fee-for-service components~10%Similar to FFS
AcademicUniversity 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.

FeatureUnincorporatedIncorporated (MPC)
Tax on first $500K of active incomePersonal 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 splittingLimitedDividend 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 provincesN/AAll 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.

StageDurationEarnings/Costs
Undergraduate degree4 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 school10–18 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

SpecialtyCanada (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

ExpenseAnnual Cost% of Gross
Clinic rent$30,000–$60,0008–16%
Staff salaries (receptionist, nurse)$40,000–$80,00011–21%
Medical supplies$5,000–$15,0001–4%
EMR/technology$3,000–$8,0001–2%
CMPA (insurance)$1,000–$6,000<1%
Office expenses/admin$5,000–$15,0001–4%
Accounting/legal$5,000–$10,0001–3%
Total overhead$89,000–$194,00025–40%