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What’s the Highest Paying Trade in Ontario in 2024?

What’s the Highest Paying Trade in Ontario in 2024?

Many of our prospective students ask some version of the question, “what is the highest paying trade in Ontario?” We understand the impulse behind this – many people want to go into a field where they can make the most money. University students ask the same question, “what subject should I study to get the highest paying job?” The best answer in both cases is not so much about choosing a specific field or trade, but which opportunities a person decides to pursue. I’ll have more to say  in a later blog about university choices but for now let’s look at some of the different trades options.

The Four Main Trades Sectors:

There are currently thousands of open jobs in the majority of trades in Ontario, and across the country. The majority of these trades fall into one of four categories: Construction; Industrial/Manufacturing; Transportation, or; Service. As a general rule, average salaries are lower in the service trades like hairstyling, cooking and network cabling (or the rather esoteric “horse harness maker”). Annual earnings in many service trades are often in the $40,000- $60,000 range even for people with many years of experience. 

In contrast, in construction trades like plumbing, electrical and HVAC, people often earn six figures a year while they are still an apprentice or shortly after becoming journeypersons. The same is true for many industrial and transportation technicians as well. Heavy equipment, and truck and coach technicians in the transportation sector, along with millwrights and welders in industrial/manufacturing trades are able to earn over $100,000 a year within a few years of becoming a qualified journeyperson. 

If you Google the highest paying trades in Ontario in 2024, you’ll get a range of answers. Some sites will tell you electricians make the most money, with an average salary of just over $90,000. Other sites, including some of the major job boards (Indeed, etc), will list millwrights, truck drivers or HVAC technicians at the top. So which one of these is right? Frankly, that is the wrong question.

What Difference Does a Dollar (or Two) Make?

You could spend a great deal of time in the rabbit hole trying to figure out which trade pays a dollar more an hour than the others, which internet site uses the best data, which one uses the best estimation methodology, or has the largest sample size. But the fact is, that is a waste of your time. All of the job sites use a similar methodology based on data collected from their own job banks, and none of these are any better or worse at estimating the average salaries of different tradespeople. They reach different conclusions because they use different data.

More importantly, these estimates are not meaningfully different from each other, or between the top-paying trades. Most sites peg the average hourly rate for electricians, plumbers, HVAC techs, truck and coach mechanics, millwrights and others at around $48-$51 per hour across the province. Is it wise to choose a trade based on a difference of $1-2 in the hourly wage? The clear answer is No, and here’s why.

Get Qualified, and Make the Most of Your Trade

I would urge you to be cautious about going into a trade based primarily on the average wage you see on the internet for two reasons. First, you need to become a licensed journeyperson in any of these trades before making $48/hour or more is even possible. If you don’t finish an apprenticeship in any of these trades you’ll be stuck making $25/hour for your career. So pick a trade where you have the greatest chance of finishing your apprenticeship. In other words, not finishing your apprenticeship in a trade with a $51/hour average wage is much worse than getting certified in one with a $48/hour rate. 

 Second, how you approach your chosen trade, and which opportunities you pursue, will have more impact on your annual income than some slightly higher average hourly wage in another trade. There is a critical shortage of licensed tradespeople in all of these high-wage trades, so you’ll always have an opportunity to work overtime or on-call. Working a few extra hours each week can greatly increase a person’s annual income. The impact will be far greater than a couple dollars on an hourly rate. Doesn’t mean you have to do this for the rest of your life, but if you want to earn more money, this is one of the best ways to do that.

There’s More to Life Than Money…

It is certainly worth knowing the highest paying trade in Ontario, especially in 2024 when inflation and the general cost of living is so high across the province. However, there can be more to life than money, so it is important to choose a trade that interests you, or gives you other things besides money. I’m not saying “follow your passion”, or “find your passion” because that is nonsense. I’m saying try to choose a trade that is likely to sustain your interest.

Even if you don’t believe that there’s more to life than money, you should still pick a trade that interests you. The reason is that most people who get into the trades don’t spend their entire careers on the tools. Lots of plumbers, electricians, millwrights and welders hang up their tools to get into sales, estimating, project management, equipment and supplies, or business ownership. 

Sometimes they do this because they can make more money, but many of them pursue these other opportunities because they are interested in the field, and this gives them the confidence to try something new. It is worth remembering that if you open your own HVAC business or start managing large electrical projects, the hourly wage for HVAC techs or electricians on some internet sites no longer applies. So why choose a trade now based on a number that might not apply to you in a few years? 

Conclusion

Starting out in a trade, especially a compulsory trade like the ones we support at Trade Smart College, opens up a huge range of career possibilities. If you’re willing to work hard and you make some good decisions, you will probably have more opportunities than most university graduates. This is because there are far fewer people in Ontario in 2024 with a journeyperson’s ticket than with a university degree, and there are thousands more open jobs for journeypersons than for university grads. If you just want to make money, you can do that in any compulsory trade without obsessing over which one has the highest average wage right now. If you think there’s more to life than money, you’ll find that in the trades as well.

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Your Chances of Getting an Apprenticeship in Ontario: By the Numbers

Your Chances of Getting an Apprenticeship: By the Numbers

By any measure, Ontario is desperately short of skilled tradespeople. We need people now, but the first step in becoming a tradesperson is to get signed as an apprentice. The only way into a skilled trade is to complete an apprenticeship. You’d think that with the shortage, almost everyone who wants to get into the trades can get an apprenticeship. Well, the numbers tell a very different story, and getting signed is one of, if not the most difficult steps in becoming a tradesperson. So how does one get signed as an apprentice?

If I take a pre-apprenticeship program at college, will I get an apprenticeship?

This is perhaps the most important question that you should answer before deciding to spend your time and money on a pre-apprenticeship program. By their very name, these programs should prepare you for an apprenticeship, so the question is how well do they do it?

The reality is that no college in Ontario will guarantee you an apprenticeship once you graduate. By law, and by common sense, they can’t. So if there is no guarantee, what are your chances of getting signed? One way to find out is to look at what’s happened to students in the past. Luckily, the Ontario government provides data on this.

If 100 students start a pre-apprenticeship, how many end up getting signed?

This is a more specific, and more testable question for anyone considering a pre-apprenticeship program. Hypothetically, if you are one of 100 students who enrol in, for instance, a pre-apprentice electrical program, how many of you will end up getting signed as an apprentice? The answer is obviously less than 100 because:

  • Not everyone who starts the program will finish or graduate;
  • Not everyone who graduates will end up working or looking for work, and;
  • Not everyone who wants to work will get an apprenticeship position.

In other words, some of the people who start the program will fail or get kicked out, some people who graduate will decide to do other things (go back to school, stay home, travel), and some people will get jobs, but not as electrical apprentices. So what do the numbers tell us? Unfortunately, the results are a bit depressing.

In Many Trades, Less Than 30% of People Who Start a Pre-Apprenticeship Program Get Signed in Ontario

When we use the government data collected for four major trades and we account for the students who don’t graduate, who don’t stay in the labour force, and who don’t get jobs in their field of study, we end up with the percentages in the table below.

 

Program/Trade% Chance you will get an Apprenticeship*
Carpentry24
Electrical20
HVAC (sheet metal, gasfitter)23
Plumbing26

 

These percentages seem distressingly low, but they are based on official government data. I have some personal, anecdotal experience with these percentages. My oldest son graduated from an electrical pre-apprentice program several years ago and he was one of only 4 graduates from a class of 40 that eventually got signed as an apprentice. In fact, that 10% success rate was one of my personal motivations for helping to start Trade Smart College. I just figured there had to be a way to do better than this.

Why do so Few People Actually Get an Apprenticeship?

There is no single reason why these percentages are so low. In fact, there are even some good reasons why people don’t end up continuing in their chosen trade. Some people genuinely find better opportunities, decide the trade isn’t right for them, or get excited about doing something else. But this doesn’t detract from the fact that lots of people spend a lot of time and money on pre-apprenticeship programs and can’t get into their field. 

For us at Trade Smart College, we think these percentages are too low. And we think they point to a whole series of problems along the pathway into apprenticeship. The three main problems are:

  • Student and employer expectations do not match
  • There is no coordination of the supply and demand for apprentices in local labour markets, and;
  • Employers are reluctant to take on apprentices because of the significant costs involved in doing so.

Our diploma program addresses all three of these problems head-on. To find out how, please check out my other posts, or reach out to us and one of our team members will be happy to answer your questions. We are not perfect and we do not promise anyone a job, but we are determined to raise these percentages.

Conclusion

There is a shortage of qualified tradespeople in Ontario, but there are lots of people who want to fill that gap. Unfortunately, for every 100 people who want to go into some of the main construction trades, only about 25% are able to do so. This means there are barriers along the apprenticeship pathway, and they need to be addressed for the sake of students, trades companies, and the economy. Contact us, or come by for a visit, and see how we’re trying to eliminate those barriers.

*Footnote: Here is the basic formula to arrive at the numbers in the table.

C = G x P x F

Where C is the % chance of getting signed as an apprentice,

G is the Graduation Rate for the program

P is the Labour Force Participation Rate for the program, and

F is the percentage of labour force participants who are working in their field, or a partially related field.

For example, the numbers for Carpenters are as follows:

G = 60%

P = 73.5%

F = 53%

So C for carpenters is: .60 x .735 x .53 = 23.37%.

In other words, out of 100 people who start a carpentry pre-apprentice program, only 23 of them get signed as apprentices.

Here are the numbers for the other three trades in the table (expressed as decimals).

 

 G (grad rate)P (part. rate)F (in Field rate)C (chance signed)
Electrical.64.71.44.20
HVAC.72.39.82.23
Plumbing.70.84.44.26

 

Data for this table is provided by the Ontario Ministry of Colleges and Universities for the 2017-18 year (the latest year for which data are available). The data used for these calculations can be found at: https://www.app.tcu.gov.on.ca/eng/labourmarket/employmentprofiles/index.asp . The programs pulled for analysis are: Carpentry and Renovation Techniques; Electrical Techniques; Plumbing Techniques, and; Heating, Air Conditioning and Refrigeration Techniques. All programs are Ontario College Certificate programs.

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