Pay by Role
Canada · Salary comparison

Pharmacist vs Psychiatrist salary

In Canada, a psychiatrist earns about 96% more than a pharmacist $351,566 vs $179,313 per year.

Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Healthcare
Pharmacist
$179,313/yr
Monthly
$14,966
Hourly
$86
Range
$139,003$228,659
10-yr outlook
+3%
Pays more
Healthcare
Psychiatrist
$351,566/yr
Monthly
$29,297
Hourly
$169
Range
$240,801$486,897
10-yr outlook
+8%

Pay range, side by side

PercentilePharmacistPsychiatrist
Entry (10th)$139,003$240,801
25th$159,122$296,219
Median$179,313$351,566
75th$203,951$419,267
Senior (90th)$228,659$486,897

National Canada figures in CAD. Individual pay varies with experience, employer, and location.

More Healthcare comparisons

Frequently asked questions

Does a pharmacist or psychiatrist earn more in Canada?
A psychiatrist earns more, at about $498,000 per year vs $254,000 for a pharmacist — roughly 96% ($244,000) more.
What is the salary range for these roles in Canada?
A pharmacist typically earns $196,900–$323,900, while a psychiatrist earns $341,100–$689,700 per year.
How much do these jobs pay per month in Canada?
On a monthly basis before tax, a pharmacist averages about $21,200 and a psychiatrist about $41,500.
How do entry-level salaries compare?
At the 10th percentile in Canada, a pharmacist earns about $196,900 while a psychiatrist earns about $341,100 per year.
How do senior-level salaries compare?
At the 90th percentile in Canada, a pharmacist earns about $323,900 while a psychiatrist earns about $689,700 per year.
Are pharmacist and psychiatrist similar careers?
Both roles sit in the Healthcare category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.