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How Much Do Optometrists Make in Canada 2026: $110K–$150K (Owners $150K–$300K+)

Updated

Optometry is one of Canada’s most financially attractive health professions relative to the education investment. The 4-year Doctor of Optometry (OD) program is shorter than medical school plus residency, and optometrists can earn $110,000-$150,000 as associates or $150,000-$300,000+ as practice owners. The practice of optometry in Canada is a mix of provincially insured eye exams (for children, seniors, and those with medical conditions) and private-pay services (routine adult exams, contact lens fittings, optical dispensing). This hybrid funding model creates strong revenue streams. Practice ownership is the primary wealth-building path, with many optometrists owning their clinics and associated optical dispensaries.

Optometrist Salary by Experience

LevelAssociate (Employed)Practice Owner (Net Income)
New graduate (0-2 years)$90,000-$120,000Rarely own immediately
Mid-career (2-5 years)$110,000-$145,000$130,000-$200,000
Experienced (5-10 years)$130,000-$165,000$180,000-$280,000
Senior (10+ years)$140,000-$180,000$200,000-$350,000+
Multi-location owner$250,000-$500,000+

Salary by Province

ProvinceAssociate OptometristPractice Owner (Net)Notes
Ontario$115,000-$150,000$160,000-$300,000Largest market; OHIP covers children, seniors
British Columbia$110,000-$145,000$150,000-$280,000MSP covers limited; mostly private pay
Alberta$120,000-$160,000$170,000-$320,000Strong fee schedule; AHCIP coverage
Saskatchewan$110,000-$145,000$150,000-$270,000Good coverage; smaller market
Manitoba$105,000-$140,000$140,000-$260,000Manitoba Health covers some exams
Quebec$100,000-$135,000$130,000-$250,000RAMQ covers children, seniors
Nova Scotia$100,000-$135,000$130,000-$240,000Smaller market
New Brunswick$95,000-$130,000$125,000-$230,000Fewer practices
Newfoundland$100,000-$140,000$130,000-$250,000Recruitment incentives available

Alberta pays the highest optometry fees in Canada due to a favourable fee schedule. Ontario has the largest number of optometrists and the most competitive urban market but still strong demand in rural and suburban areas. Provinces with fewer optometrists per capita (Saskatchewan, Manitoba, Atlantic) offer strong demand and sometimes recruitment incentives.

Practice Ownership Economics

Practice ownership is the primary path to higher income in optometry. Most optometrists who own practices also operate an optical dispensary, which can generate significant additional revenue.

Practice ComponentRevenueNotes
Gross billings (clinical)$400,000-$800,000/yearEye exams, medical eye care
Optical dispensary revenue$200,000-$600,000/yearFrames, lenses, contact lenses
Total gross revenue$600,000-$1,400,000/yearCombined clinical + optical
Operating expenses50-65% of revenueStaff, rent, equipment, supplies
Owner net income$150,000-$350,000+After all expenses
Practice value (sale)50-85% of gross revenue$400,000-$1,000,000+

Compensation Models for Associates

ModelStructureTypical Income
Daily rate$800-$1,500/day$200,000-$375,000/year (50 weeks) rarely this high
Per patient/exam$60-$120 per comprehensive examVolume-dependent
Percentage of billings30-40% of clinical billings$100,000-$180,000
SalaryFixed annual amount$100,000-$160,000
Salary + bonusBase + production incentive$110,000-$180,000
Locum (fill-in)$900-$1,800/dayShort-term, no benefits

Revenue Sources

ServiceTypical FeeInsurance Coverage
Comprehensive eye exam (adult)$100-$180Private insurance or out-of-pocket
Comprehensive eye exam (child)$80-$140Provincial coverage in most provinces
Comprehensive eye exam (senior 65+)$80-$140Provincial coverage in most provinces
Contact lens fitting$75-$200Usually private pay
Medical eye care (dry eye, infection)$60-$150Provincial health insurance
Retinal imaging (OCT)$40-$80Add-on fee
Myopia management$100-$200/visitPrivate pay; growing niche
Orthokeratology (ortho-K)$1,500-$3,000/yearPrivate pay
Low vision assessment$150-$350Provincial coverage in some cases

Education Path

StepDetailsDuration
Undergraduate pre-requisitesScience degree (biology, chemistry, physics, math)3-4 years
Doctor of Optometry (OD)University of Waterloo or Université de Montréal4 years
National board exams (CACO/NBEO)Written and practical componentsAfter OD
Provincial licensureRegister with provincial College of OptometristsAfter boards
Optional residencySpecialty focus (paediatrics, low vision, ocular disease)1 year

Education Costs

ProgramApproximate Cost
Undergraduate degree (3-4 years)$18,000-$36,000
OD program — Waterloo (4 years)$75,000-$90,000
OD program — US school (4 years)$200,000-$350,000 USD
Equipment/instruments (startup)$5,000-$15,000
Board exam fees$2,000-$4,000
Total education cost (Canadian program)$95,000-$130,000
Practice purchase (existing)$400,000-$1,000,000+
Practice startup (new)$300,000-$600,000
ProfessionMid-Career IncomeEducation Length
Ophthalmologist (MD)$300,000-$600,00013+ years
Dentist (practice owner)$200,000-$400,0008 years
Optometrist (practice owner)$150,000-$300,000+7-8 years
Optometrist (associate)$110,000-$150,0007-8 years
Pharmacist (clinical)$95,000-$125,0006 years
Physiotherapist (clinic owner)$100,000-$200,0006-7 years
Optician (dispensing)$42,000-$60,0002-3 years

Benefits

BenefitAssociate (Employed)Practice Owner
PensionRRSP match or noneSelf-directed (corporate investing)
Health/dental insuranceEmployer-providedSelf-funded (corporate deduction)
Vacation3-4 weeksSelf-managed; arrange locum coverage
CE/professional developmentOften employer-fundedSelf-funded (tax deductible)
Malpractice insurance$1,500-$3,000/yearSame
Tax advantagesLimitedCorporate structure, income splitting

Job Outlook

Optometry demand in Canada is growing steadily. The aging population needs more frequent eye care, screen-time-related eye strain is driving younger patients to seek care, and the profession’s scope of practice is expanding in several provinces to include management of more eye diseases. The supply of new optometrists is constrained — Waterloo’s program graduates approximately 90 students per year, and Montréal graduates about 45 — creating consistent demand. Practice ownership remains the best path to high income, and succession opportunities are plentiful as retiring optometrists sell established practices. Competition is strongest in downtown Toronto, Vancouver, and Montreal; demand is strongest in suburban growth areas, small-to-mid-sized cities, and rural communities.

FactorStatus
Overall demandStrong — aging population + screen time
New graduate employmentNear 100%
Scope of practice trendExpanding (therapeutic prescribing, minor procedures)
Practice ownership opportunityGood — many retiring practitioners selling
Urban vs rural demandStrong everywhere; strongest in smaller communities
Corporate optometry (LensCrafters, etc.)Growing segment; lower autonomy, competitive pay
AI/technology impactScreening tools augmenting, not replacing, optometrists