Pay by Role
Canada · Salary comparison

Physician vs Psychologist salary

In Canada, a physician earns about 102% more than a psychologist $272,499 vs $134,837 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

Pays more
Healthcare
Physician
$272,499/yr
Monthly
$22,732
Hourly
$131
Range
$174,371$392,370
10-yr outlook
+3%
Healthcare
Psychologist
$134,837/yr
Monthly
$11,225
Hourly
$65
Range
$92,339$186,725
10-yr outlook
+6%

Pay range, side by side

PercentilePhysicianPsychologist
Entry (10th)$174,371$92,339
25th$223,435$113,588
Median$272,499$134,837
75th$332,434$160,817
Senior (90th)$392,370$186,725

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

More Healthcare comparisons

Frequently asked questions

Does a physician or psychologist earn more in Canada?
A physician earns more, at about $386,000 per year vs $191,000 for a psychologist — roughly 102% ($195,000) more.
What is the salary range for these roles in Canada?
A physician typically earns $247,000–$555,800, while a psychologist earns $130,800–$264,500 per year.
How much do these jobs pay per month in Canada?
On a monthly basis before tax, a physician averages about $32,200 and a psychologist about $15,900.
How do entry-level salaries compare?
At the 10th percentile in Canada, a physician earns about $247,000 while a psychologist earns about $130,800 per year.
How do senior-level salaries compare?
At the 90th percentile in Canada, a physician earns about $555,800 while a psychologist earns about $264,500 per year.
Are physician and psychologist 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.