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Principal Engineer Average Salary in Canada 2024

How much money does a person working as Principal Engineer make in Canada?


Average Yearly Salary
103,000 CAD
( 8,550 CAD monthly)

LOW
55,400
CAD
AVERAGE
103,000
CAD
HIGH
155,000
CAD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Principal Engineer in Canada typically earns around 103,000 CAD. Salaries range from 55,400 CAD (lowest) to 155,000 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Principal Engineer salaries in Canada vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Principal Engineer Pay Scale and Salaries in Canada

Median and salary distribution Canada Principal Engineer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
91,400 CAD or more
10% of people earn
81,900 to 91,400 CAD
20% of people earn
60,800 CAD or less
65% of people earn
60,800 to 81,900 CAD
Minimum Salary
55,400 CAD
Median
91,700 CAD
Maximum
155,000 CAD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Principal Engineer in Canada range from 55,400 CAD (starting salary) to 155,000 CAD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 91,700 CAD, half of the professionals who work as Principal Engineer in Canada earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Principal Engineer in Canada earn less than 76,800 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 104,000 CAD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Principal Engineer in Canada compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 60,800 CAD to 81,900 CAD. About 20% of salaries are below the 60,800 CAD mark, while 10% fall within the range of 81,900 CAD to 91,400 CAD. Only 5% of individuals have salaries exceeding 91,400 CAD.

Salary Comparison by Years of Experience / Principal Engineer / Canada

How do experience and age affect pay?

0 - 2 Years
64,400 CAD
2 - 5 Years+26%
81,300 CAD
5 - 10 Years+32%
107,000 CAD
10 - 15 Years+18%
126,000 CAD
15 - 20 Years+11%
140,000 CAD
20+ Years+6%
148,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Canada Principal Engineer
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Principal Engineer and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 64,400 CAD.

While someone with an experience level between two and five years is expected to earn 81,300 CAD, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 107,000 CAD, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 126,000 CAD, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 140,000 CAD, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 148,000 CAD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Principal Engineer / Canada

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Principal Engineer.

Bachelor's Degree
83,300 CAD
Master's Degree+53%
127,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Canada Principal Engineer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Principal Engineer in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 83,300 CAD.


Level 2: Master's Degree

At this level, the average salary becomes 127,000 CAD, 53% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Canada costs anywhere from 50,000 CAD to 150,000 CAD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Principal Engineer / Canada

Salary comparison by gender Canada Principal Engineer yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Principal Engineer in Canada, the average difference between the salary of male and female employees is 4%.

Male
105,000 CAD
Female-4%
100,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Canada for all Careers

Salary comparison by gender yearly Canada
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Average Annual Salary Increment Percentage / Principal Engineer / Canada

How much are annual salary increments in Canada for individuals working as Principal Engineer? How often do employees get salary raises?

Individuals working as Principal Engineer in Canada are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Principal Engineer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Canada / All Professions

Annual Salary Increment Rate Canada
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Canada is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Principal Engineer / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Principal Engineer
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72% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 28% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 2% of their annual salary.

Received Bonus
28%
No Bonus
72%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Principal Engineer / Canada


49 CAD per hour

The average hourly wage (pay per hour) for individuals working as Principal Engineer in Canada is 49 CAD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Principal Engineer in Canada is 27 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Engineering-100%
3D Printing Engineer91,900 CAD-10%
Acoustics Engineer101,000 CAD-2%
Assembly Engineering Technician78,900 CAD-23%
Assistant Chief Engineer119,000 CAD+16%
Associate Engineer94,300 CAD-8%
AutoCAD Drafter63,300 CAD-38%
Autocad Operator64,200 CAD-37%
Automation Engineer115,000 CAD+12%
Avionic System Support Engineer96,600 CAD-6%
Biochemical Engineer102,000 CAD-1%
BMS Engineer102,000 CAD-1%
Bridge and Lock Tender56,100 CAD-45%
Broadcast Engineer107,000 CAD+4%
CAD Design Engineer113,000 CAD+10%
CAD Designer64,500 CAD-37%
CAE Engineer106,000 CAD+3%
Ceramics Engineer101,000 CAD-2%
Chemical Engineer107,000 CAD+4%
Civil Drafter64,600 CAD-37%
Civil Engineer107,000 CAD+4%
Civil Site Engineer112,000 CAD+9%
Civil Technician62,300 CAD-39%
Cognitive Engineer94,200 CAD-8%
Commissioning Engineer102,000 CAD-1%
Communications Engineer111,000 CAD+8%
Condition Monitoring Engineer92,000 CAD-10%
Contract Associate Engineer104,000 CAD+1%
Contract Engineer97,400 CAD-5%
Control Systems Engineer109,000 CAD+6%
Controls Engineer109,000 CAD+6%
Controls Software Engineer92,100 CAD-10%
Corrosion Engineer93,700 CAD-9%
Design Engineer111,000 CAD+8%
Director of Engineering224,000 CAD+120%
Drafter67,300 CAD-34%
Drafting Manager128,000 CAD+25%
Drilling Engineer98,700 CAD-4%
Drilling Foreman31,200 CAD-70%
Electrical Draughtsman52,400 CAD-49%
Electrical Engineer116,000 CAD+13%
Electrical Engineering Manager158,000 CAD+54%
Electromechanical Engineering Technologist118,000 CAD+15%
Electromechanical Equipment Assembler54,000 CAD-47%
Energy Engineer107,000 CAD+4%
Engine Assembler45,900 CAD-55%
Engineer109,000 CAD+6%
Engineering Account Manager125,000 CAD+22%
Engineering Chief Designer118,000 CAD+15%
Engineering Consultant149,000 CAD+45%
Engineering Key Account Manager159,000 CAD+55%
Engineering Lab Technician103,000 CAD+0%
Engineering Manager152,000 CAD+48%
Engineering Planning Manager151,000 CAD+47%
Engineering Production Manager184,000 CAD+79%
Engineering Project Analyst129,000 CAD+26%
Engineering Project Coordinator 122,000 CAD+19%
Engineering Project Director224,000 CAD+120%
Engineering Project Leader133,000 CAD+30%
Engineering Project Manager154,000 CAD+50%
Engineering Research and Development Manager165,000 CAD+61%
Engineering Safety Coordinator80,700 CAD-21%
Engineering Sales Manager146,000 CAD+42%
Engineering Technician85,600 CAD-17%
Engineering Technologist83,300 CAD-19%
Environmental Engineer105,000 CAD+2%
Equipment Engineer101,000 CAD-2%
Equipment Engineering Manager138,000 CAD+35%
Estimator89,100 CAD-13%
Fabrication Specialist72,300 CAD-30%
Fabricator48,300 CAD-53%
Facade Engineer102,000 CAD-1%
Fiber Analyst61,900 CAD-40%
Field Engineer113,000 CAD+10%
Field Engineering Manager172,000 CAD+68%
Fire Engineer109,000 CAD+6%
Fitter and Turner32,800 CAD-68%
Forestry Strategic Planner129,000 CAD+26%
Generation Engineer108,000 CAD+5%
Genetic Engineer113,000 CAD+10%
Geological Engineer112,000 CAD+9%
Geotechnical Engineer113,000 CAD+10%
Heavy Equipment Mechanic55,100 CAD-46%
Highway Engineer110,000 CAD+7%
HSE Professional97,400 CAD-5%
Human Machine Interface Engineer94,900 CAD-8%
HVAC Engineer110,000 CAD+7%
HVAC Supervisor93,700 CAD-9%
Industrial Engineer104,000 CAD+1%
Industrial Engineering Technologist101,000 CAD-2%
Instrument Engineer100,000 CAD-3%
Instrument Technician56,300 CAD-45%
Instrumentation and Control Engineer105,000 CAD+2%
Instrumentation Designer93,400 CAD-9%
Instrumentation Engineer105,000 CAD+2%
Instrumentation Manager103,000 CAD+0%
Irrigation Engineer108,000 CAD+5%
Licensed Aircraft Engineer113,000 CAD+10%
Locomotive Engineer98,500 CAD-4%
Maintenance Engineer98,500 CAD-4%
Maintenance Fitter36,700 CAD-64%
Maintenance Manager108,000 CAD+5%
Manufacturing Engineer105,000 CAD+2%
Marine Engineer103,000 CAD+0%
Materials Engineer104,000 CAD+1%
Materials Researcher99,600 CAD-3%
Materials Technician78,900 CAD-23%
Mechanical and Electrical Engineer115,000 CAD+12%
Mechanical Design Engineer111,000 CAD+8%
Mechanical Designer93,500 CAD-9%
Mechanical Engineer118,000 CAD+15%
Mechanical Engineering Manager146,000 CAD+42%
Mechanical Inspector107,000 CAD+4%
Mechatronics Engineer111,000 CAD+8%
Mining Engineer106,000 CAD+3%
Nanotechnology Engineer113,000 CAD+10%
Natural Language Processing Engineer114,000 CAD+11%
Oil and Petrochemical Engineer111,000 CAD+8%
Optical Engineer107,000 CAD+4%
Optical Instrument Assembler52,500 CAD-49%
PCB Assembler40,200 CAD-61%
Photonics Engineer112,000 CAD+9%
Photonics Technician94,800 CAD-8%
Pipeline Engineer102,000 CAD-1%
Piping Designer56,800 CAD-45%
Piping Engineer99,500 CAD-3%
Planning Engineer107,000 CAD+4%
Pressure Vessel Inspector48,600 CAD-53%
Principal Cost Engineer108,000 CAD+5%
Principal Engineer103,000 CAD+0%
Principal Support Engineer107,000 CAD+4%
Process Engineer104,000 CAD+1%
Process Operator63,600 CAD-38%
Product Development Engineer114,000 CAD+11%
Product Development Technician77,100 CAD-25%
Product Engineer107,000 CAD+4%
Product Safety Engineer97,600 CAD-5%
Production Engineer106,000 CAD+3%
Project Engineer113,000 CAD+10%
Proposal Manager132,000 CAD+29%
Purchasing Engineer95,200 CAD-7%
Quality Assurance Engineer110,000 CAD+7%
Rail Engineer105,000 CAD+2%
Regional Field Engineer112,000 CAD+9%
Remote Sensing Engineer110,000 CAD+7%
Robotics Engineer123,000 CAD+20%
Robotics Technician83,300 CAD-19%
Safety Engineer108,000 CAD+5%
Safety Inspector81,500 CAD-21%
Safety Manager124,000 CAD+21%
Safety Officer53,000 CAD-48%
Sales Engineer116,000 CAD+13%
Scheduling Engineer97,000 CAD-5%
Security Engineer110,000 CAD+7%
Service Engineer111,000 CAD+8%
Smart Home Engineer119,000 CAD+16%
Solar Engineer109,000 CAD+6%
Staff Engineer107,000 CAD+4%
Static Equipment Engineer98,700 CAD-4%
Stationary Engineer96,700 CAD-6%
Stress Engineer94,200 CAD-8%
Structural Analysis Engineer103,000 CAD+0%
Structural Designer93,800 CAD-9%
Structural Engineer107,000 CAD+4%
Structural Technician66,100 CAD-36%
Subsea Engineer128,000 CAD+25%
Supply Chain Specialist108,000 CAD+5%
Surveyor76,700 CAD-25%
Technical Affairs Officer54,400 CAD-47%
Technical Assistant55,200 CAD-46%
Technical Engineer95,800 CAD-7%
Technical Support Engineer92,000 CAD-10%
Tender Engineer98,600 CAD-4%
Test Development Engineer106,000 CAD+3%
Test Engineer103,000 CAD+0%
Transportation Engineer96,400 CAD-6%
Urban Engineer111,000 CAD+8%
Validation Engineer93,700 CAD-9%
Verification Engineer96,600 CAD-6%
Wastewater Engineer107,000 CAD+4%
Wind Energy Engineer107,000 CAD+4%
Wind Energy Operations Manager145,000 CAD+41%
Wireless Engineer118,000 CAD+15%
Work Planner71,100 CAD-31%

Salary Comparison By City

CityAverage Salary
Montreal112,000 CAD
Toronto113,000 CAD

Salary Comparison By State

StateAverage Salary
Alberta111,000 CAD
British Columbia119,000 CAD
Manitoba107,000 CAD
New Brunswick96,400 CAD
Newfoundland-Labrador99,400 CAD
Northwest Territories105,000 CAD
Nova Scotia104,000 CAD
Nunavut109,000 CAD
Ontario123,000 CAD
Prince Edward Island90,300 CAD
Quebec121,000 CAD
Saskatchewan101,000 CAD
Yukon97,200 CAD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Canada is 4% on average across all career fields.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Principal Engineer in Canada?

A good and competitive compensation would range anywhere between 91,700 CAD and 104,000 CAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Principal Engineer in Canada ranges from 55,400 CAD to 76,800 CAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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