Last Updated on August 29, 2024
Artificial intelligence is a fascinating branch of computer science that has the use of machines and human intelligence, which helps a lot in many of the activities of companies or businesses. Artificial intelligence finds itself being used in every sector, from the tech industry to the healthcare industry. Whereas, the global market size of AI is likely to be USD 15915.03 billion by the end of 2024. With the rising demand for AI and its applications, the demand for AI engineers has also increased.
The average AI Engineer Salary In Canada is around $117,888 per year or $60.46 per hour. You can expect to earn more with the other benefits of your salary. The more experience you have helps you to get a better higher salary. Indeed, the Average AI Engineer Salary varies according to location, skills, and experience level.
Who Is An AI Engineer?
An AI engineer is a professional who works with machine learning techniques to develop different applications in a system. The most popular techniques used by AI engineers include natural language processing, neural networks, and many other things. AI engineers understand computer science, mathematics, and engineering to create an intelligent system that is capable of learning reasoning and problem-solving. These engineers work on different applications, from natural language processing and computer vision to robotics and machine learning algorithms, to make it possible to make the right platform for artificial intelligence.
Moreover, AI engineers are a crucial component in the development and implementation of artificial intelligence technology in our daily lives. AI engineers use and design artificial intelligence systems that are tailored to specific applications and industries. The engineers create and optimize the machine learning algorithms and other AI models to solve complex problems and improve the system performance overall. The role of AI engineers is to optimize the AI algorithm and system, which enhances the efficiency, calibre, and speed of the different inputs. It is considered to be one of the ethical implications and the potential basis of the AI system that is responsible for fair solutions that foster privacy, transparency, and accountability.Â
Average AI Engineer Salary in Canada Based on Top Companies
There are so many top companies where you can choose to work as an AI engineer. The average AI engineer’s salary will be different according to the company where you have been working. So, the average engineer salary in Canada is what you can expect from the top companies.
Average AI Engineer Salary In Canada Based on Top Companies
| Company | Salary (Per Annum) |
| RBC | CAD 85,000 |
| Ciena | CAD 90,000 to CAD 109,000 |
| Cerebri AI | CAD 100,000 to CAD 126,000 |
| KPMG | CAD 80,000 to CAD 88,000 |
Average AI Engineer Salary In Canada based on Job Roles
| Job Role | Responsibilities | Salary Range |
| AI Research Scientist | Focus on advancing AI technologies through research and development | $80,000 – $150,000+ |
| Machine Learning Engineer | Design and implement machine learning systems | $70,000 – $130,000 |
| Data Scientist | Skilled in data analysis and predictive modeling | $80,000 – $140,000+ |
| AI Consultant | Provide strategic guidance on AI implementation | $90,000 – $160,000 |
Average AI Engineer Salary In Canada Based On The Different Cities
The average engineer’s salary in Canada is different in different cities, and it also varies depending on the industry and the company where you are working. The different packages that you can expect to earn as an AI engineer in Canada are given below in the table:
| City | Salary (Per Annum) |
| Toronto | CAD 129,313 |
| Quebec City | CAD 201,500 |
| Ottawa | CAD 87,441 |
| Vancouver | CAD 133,548 |
Average AI Engineer Salary in Canada by Education Level
| Education Level | Average Salary Range |
| Bachelor’s Degree | $60,000 – $80,000 |
| Master’s Degree | $80,000 – $100,000+ |
| Ph.D. Degree | $100,000+ |
Average AI Engineer Salary in Canada by Experience Levels
| Experience Level | Average Salary Range |
| Entry Level (0-2 years) | $60,000 – $90,000 |
| Mid-Level (3-5 years) | $80,000 – $100,000 |
| Experienced (6-9 years) | $100,000 – $120,000 |
| Senior Level (10+ years) | $120,000+ |
Overall, the Average AI Engineer Salary In Canada is determined by many of the different factors. The salary of the engineers varies on various factors and the salaries given in the above tables show the average salary. Moreover, this figure of the average Salary of AI engineers can vary; these are just the approximate figures for your reference.
What Are The Factors That Affect The Salary Of AI Engineers In Canada?
Many factors determine the AI salary so if you have been planning to take up the role, there are some factors that you should consider for your salary:
- Location
The location is the important factor that influences the salary. Some of the countries and cities have bigger AI and technological industries as compared to others. In these places where there is a high demand for artificial intelligence engineers, the salary is likely to be higher as compared to the regions with low demand.
- Company/ Industry
The industry and the company you choose to work for also have a significant impact on the salary of an AI engineer. AI engineers at Google get paid around USD 204616 per annum, whereas the average salary of the engineers at Microsoft is USD 134759.
- Experience
The next important factor that affects the salary of AI engineers is the level of experience. Engineers who have a lot of knowledge and expertise in their domain are likely to be paid more as compared to others.
- Demand And Supply
Demand and supply are another factor that affects the salary of an AI engineer around the world. In places where there is a high demand for AI engineers but a low supply, the salary will be much higher. On the other hand, in places where there is a lower demand but more supply of AI engineers, the pay packages in the market will be lower.
- Education
Additional certificates or credentials are also an important component that can impact the salary of engineers, where they are certified individuals who can provide value to organizations and more as compared to others. The higher the educational certificate you have, the higher the salary you can expect to earn.
- Skills
Skills can also be an important factor in a job opportunity. If you have a high level of skills, you can negotiate for a higher salary with the company. If you understand more of the programming language, then you will have a better chance to get well paid.
Why Is The Salary Of AI Engineers So High?
Globally, AI engineers earn high pay for a variety of reasons. The increasing need for artificial intelligence in the modern world is one of the main causes. Businesses across a growing range of sectors are implementing technology to improve productivity and forecasting. On the other hand, there are far fewer AI engineers available in comparison to the growing demand. The salary packages of individuals are increased due to the limited availability of talent. This implies that those with experience and talents in AI who are in high demand will probably get paid well. Furthermore, experts in AI are highly regarded across all industries. As a result, AI engineers’ salaries rise across the board.
Conclusion
The global market for artificial intelligence (AI) is expected to reach $1915,03 billion by 2024, boosting the demand for AI engineers. You can expect to earn an average of $117,888 per year or $60.46 per hour as an AI Engineer. These professionals use machine learning techniques to develop applications in systems like natural language processing (NLP), neural networks, and robotics. Now that you know the ins and outs of how lucrative it is to delve into the realm of Artificial Intelligence and STEM, start your academic journey with Admissify now! Our team of professional counsellors excel in providing tailor-madeÂ
FAQs
Is AI engineering in demand in Canada?
The demand for AI professionals in Canada is increasing due to the effective collaboration between talent and innovation, where AI applicants work across industries from finance to healthcare to manufacturing in transportation.
What skills are essential for AI engineers in Canada?
Canadian AI engineers need to possess both technical and domain expertise. Programming languages like Python and R competency, understanding of machine learning algorithms and methodologies, familiarity with AI frameworks like TensorFlow and PyTorch, and a strong aptitude for problem-solving are among the essential talents.
Are there opportunities for career advancement in the field of AI in Canada?
Yes, there are many prospects for career progression in the field of artificial intelligence in Canada. There is an increasing need for qualified individuals at all levels as AI technologies advance and businesses from many sectors invest in AI-driven solutions. By assuming leadership positions, going after advanced degrees or specialised certifications, and participating in cutting-edge projects, AI engineers can progress in their careers.
How much do AI analytics make in Canada?
The AI analytics and up to C$63k–C$110k Per year, you can expect to receive additional compensation. It is vital for you to analyze the salary of the different companies before you get into one.
Kanishka Garg specializes in crafting informative content on study abroad education. Her passion lies in simplifying the journey for students through SEO-optimized articles and blogs. Kanishka’s commitment to clear communication and her deep understanding of international admissions processes make her blogs essential for students aiming to gain insights into top universities worldwide. With Kanishka’s blogs, students can confidently get solutions to the complexities of applying to their dream universities and achieve their academic aspirations abroad.
