{
    "url": "https://www.spotsalary.com/salary/cardiologist/toronto-ca-1124279679",
    "canonical": "https://www.spotsalary.com/salary/cardiologist/toronto-ca-1124279679",
    "headline": "Cardiologist Salary in Toronto, Canada",
    "description": "Median Cardiologist salary in Toronto, Canada is C$349.8K per year. Compare P10–P90 salary bands by experience, take-home pay and a five-year outlook.",
    "occupation": {
        "name": "Cardiologist",
        "slug": "cardiologist",
        "family": "healthcare",
        "soc_code": "29-1211",
        "aliases": [
            "Heart Specialist"
        ],
        "description": null
    },
    "location": {
        "name": "Toronto, Canada",
        "slug": "toronto-ca-1124279679",
        "type": "city",
        "iso2": "CA",
        "currency": "CAD"
    },
    "period": 2026,
    "confidence": 85,
    "status": "published",
    "method": "research",
    "updated_at": "2026-10-29T19:45:09+00:00",
    "salary_bands": [
        {
            "level": "entry",
            "years_experience": [
                0,
                2
            ],
            "p10": 159181.17,
            "p25": 193291.42,
            "p50": 227401.67,
            "p75": 261511.92,
            "p90": 306992.25,
            "base_share": 95,
            "bonus_share": 5,
            "equity_share": 0
        },
        {
            "level": "mid",
            "years_experience": [
                3,
                5
            ],
            "p10": 299567.04,
            "p25": 299567.04,
            "p50": 349848.72,
            "p75": 953668.62,
            "p90": 1049546.19,
            "base_share": 88,
            "bonus_share": 8,
            "equity_share": 4
        },
        {
            "level": "senior",
            "years_experience": [
                6,
                9
            ],
            "p10": 374896.9,
            "p25": 455231.95,
            "p50": 535567,
            "p75": 615902.05,
            "p90": 723015.45,
            "base_share": 80,
            "bonus_share": 10,
            "equity_share": 10
        },
        {
            "level": "executive",
            "years_experience": [
                10,
                15
            ],
            "p10": 636188.68,
            "p25": 772514.82,
            "p50": 908840.97,
            "p75": 1045167.1,
            "p90": 1226935.3,
            "base_share": 65,
            "bonus_share": 15,
            "equity_share": 20
        }
    ],
    "take_home": {
        "currency": "CAD",
        "tax_rate": 24.389837012980927,
        "top_rate": null,
        "method": "progressive",
        "label": "progressive brackets",
        "standard_deduction": 15705,
        "rebate": 0,
        "source": "CRA (federal)",
        "source_url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/federal-tax-rates.html",
        "retrieved_at": "2026-10-23T00:00:00.000000Z",
        "verified": true,
        "notes": "Provincial taxes excluded",
        "bands": [
            {
                "level": "entry",
                "gross": 227401.67,
                "taxable": 211696.67,
                "tax": 46588.6993,
                "effective_rate": 20.487404204199557,
                "net_annual": 180812.9707,
                "net_monthly": 15067.747558333334,
                "method": "progressive",
                "top_rate": null,
                "standard_deduction": 15705,
                "rebate": 0,
                "source": "CRA (federal)",
                "source_url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/federal-tax-rates.html",
                "retrieved_at": "2026-10-23T00:00:00.000000Z",
                "verified": true,
                "notes": "Provincial taxes excluded"
            },
            {
                "level": "mid",
                "gross": 349848.72,
                "taxable": 334143.72,
                "tax": 85327.53259999999,
                "effective_rate": 24.389837012980927,
                "net_annual": 264521.1874,
                "net_monthly": 22043.43228333333,
                "method": "progressive",
                "top_rate": null,
                "standard_deduction": 15705,
                "rebate": 0,
                "source": "CRA (federal)",
                "source_url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/federal-tax-rates.html",
                "retrieved_at": "2026-10-23T00:00:00.000000Z",
                "verified": true,
                "notes": "Provincial taxes excluded"
            },
            {
                "level": "senior",
                "gross": 535567,
                "taxable": 519862,
                "tax": 146614.565,
                "effective_rate": 27.375578592407674,
                "net_annual": 388952.435,
                "net_monthly": 32412.702916666665,
                "method": "progressive",
                "top_rate": null,
                "standard_deduction": 15705,
                "rebate": 0,
                "source": "CRA (federal)",
                "source_url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/federal-tax-rates.html",
                "retrieved_at": "2026-10-23T00:00:00.000000Z",
                "verified": true,
                "notes": "Provincial taxes excluded"
            },
            {
                "level": "executive",
                "gross": 908840.97,
                "taxable": 893135.97,
                "tax": 269794.9751,
                "effective_rate": 29.68560881448819,
                "net_annual": 639045.9949,
                "net_monthly": 53253.83290833334,
                "method": "progressive",
                "top_rate": null,
                "standard_deduction": 15705,
                "rebate": 0,
                "source": "CRA (federal)",
                "source_url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/federal-tax-rates.html",
                "retrieved_at": "2026-10-23T00:00:00.000000Z",
                "verified": true,
                "notes": "Provincial taxes excluded"
            }
        ]
    },
    "outlook": {
        "direction": "growing",
        "inflation_pct": 2.5,
        "real_growth_pct": 3.7,
        "forecasts": [
            {
                "year": 2027,
                "scenario": "base",
                "p25": 337937.07,
                "p50": 361043.88,
                "p75": 384150.69,
                "confidence": 79,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2027,
                "scenario": "conservative",
                "p25": 333025.19,
                "p50": 355796.15,
                "p75": 378567.1,
                "confidence": 79,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2027,
                "scenario": "optimistic",
                "p25": 342848.95,
                "p50": 366291.61,
                "p75": 389734.27,
                "confidence": 79,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2029,
                "scenario": "base",
                "p25": 356834.93,
                "p50": 384520.4,
                "p75": 412205.86,
                "confidence": 67,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2029,
                "scenario": "conservative",
                "p25": 341500.33,
                "p50": 367996.04,
                "p75": 394491.76,
                "confidence": 67,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2029,
                "scenario": "optimistic",
                "p25": 372621.84,
                "p50": 401532.16,
                "p75": 430442.47,
                "confidence": 67,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2031,
                "scenario": "base",
                "p25": 376761.57,
                "p50": 409523.45,
                "p75": 442285.33,
                "confidence": 55,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2031,
                "scenario": "conservative",
                "p25": 350165.12,
                "p50": 380614.26,
                "p75": 411063.4,
                "confidence": 55,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            },
            {
                "year": 2031,
                "scenario": "optimistic",
                "p25": 404950.11,
                "p50": 440163.17,
                "p75": 475376.22,
                "confidence": 55,
                "drivers": [
                    {
                        "name": "Inflation (CPI)",
                        "note": "2.5% annual price growth",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Wage growth",
                        "note": "3.2% nominal wage trend",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Role demand trend",
                        "note": "2.0% annual role demand",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Hiring demand",
                        "note": "Demand index 54/100",
                        "weight": "medium",
                        "direction": "steady"
                    },
                    {
                        "name": "Automation exposure",
                        "note": "10% exposure",
                        "weight": "high",
                        "direction": "steady"
                    },
                    {
                        "name": "Real wage growth",
                        "note": "0.7% after 2.5% inflation",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Scenario growth",
                        "note": "3.2% modelled nominal growth",
                        "weight": "high",
                        "direction": "up"
                    },
                    {
                        "name": "Researched salary growth",
                        "note": "3.2% expected annual salary growth",
                        "weight": "high",
                        "direction": "up"
                    }
                ]
            }
        ]
    },
    "skills": [],
    "sources": [
        {
            "name": "www.glassdoor.com",
            "url": "https://www.glassdoor.com/Salaries/cardiologist-salary-SRCH_IM976_KO0,12.htm#1",
            "type": "salary_observation",
            "tier": "reported"
        },
        {
            "name": "www.payscale.com",
            "url": "https://www.payscale.com/research/CA/Job=Physician_%2F_Doctor%2C_Cardiologist/Salary/638ed88b/Toronto-ON",
            "type": "salary_observation",
            "tier": "reported"
        },
        {
            "name": "www.salaryexpert.com",
            "url": "https://www.salaryexpert.com/salary/job/physician-cardiologist-invasive/canada/ontario/toronto",
            "type": "salary_observation",
            "tier": "reported"
        },
        {
            "name": "www1.salary.com",
            "url": "https://www1.salary.com/Salaries-for-cardiologist-invasive-with-a-JD-MD-PhD-or-Equivalent",
            "type": "salary_observation",
            "tier": "reported"
        }
    ],
    "faqs": [
        {
            "question": "What is the average salary of a Cardiologist in Toronto, Canada?",
            "answer": "SpotSalary models a median annual salary of C$349.8K for a Cardiologist in Toronto, Canada, or about C$29,154 per month before tax. The middle 50% of the estimate ranges from C$299.6K to C$953.7K, with a full P10–P90 range of C$299.6K to C$1M. This is a modelled estimate, not a job offer."
        },
        {
            "question": "How much does an entry-level Cardiologist earn in Toronto, Canada?",
            "answer": "The entry-level band for a Cardiologist in Toronto, Canada centres on C$227.4K per year (P25–P75: C$193.3K–C$261.5K). Entry-level pay typically covers the first 2 years of experience and depends on company size, skills and responsibilities."
        },
        {
            "question": "How much does a senior or executive Cardiologist earn in Toronto, Canada?",
            "answer": "The executive band for a Cardiologist in Toronto, Canada has a median of C$908.8K per year and a P75 of C$1M. Senior and executive packages often include a larger bonus and equity component; this benchmark shows the total-compensation split for each level."
        },
        {
            "question": "What is the salary outlook for a Cardiologist in Toronto, Canada?",
            "answer": "The outlook is growing. In the base scenario, median pay reaches C$409.5K by 2031, about 17.1% above today before inflation and 3.7% per year in real terms after 2.5% inflation. Scenario bands widen over time and are not guarantees."
        },
        {
            "question": "What is the take-home pay for a Cardiologist in Toronto, Canada?",
            "answer": "After an effective income tax rate of 24.4%, the mid-level Cardiologist in Toronto, Canada takes home about C$264,521 per year, or C$22,043 per month. The estimate uses imported national tax brackets and does not include social contributions or local levies."
        },
        {
            "question": "How does SpotSalary calculate these salary estimates?",
            "answer": "Estimates are anchored to external market signals — GDP per capita PPP, inflation, wage growth, cost of living, demand and automation exposure — and synthesised with AI. Deterministic validation rejects implausible outputs. This report carries 85% confidence and draws on 7 salary observations."
        }
    ],
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            },
            {
                "headline": "Cardiologist Salary in Equatorial Guinea",
                "url": "https://www.spotsalary.com/salary/cardiologist/equatorial-guinea-gq"
            }
        ],
        "occupation_hub": "https://www.spotsalary.com/occupations/cardiologist",
        "location_hub": "https://www.spotsalary.com/locations/toronto-ca-1124279679",
        "all_salaries": "https://www.spotsalary.com/salaries"
    },
    "citation": {
        "plain": "Cardiologist Salary in Toronto, Canada. SpotSalary. https://www.spotsalary.com/salary/cardiologist/toronto-ca-1124279679",
        "updated_at": "2026-10-29T19:45:09+00:00"
    }
}