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Karan Singh
Karan SinghBeginner
Asked: November 3, 20222022-11-03T17:44:13+05:30 2022-11-03T17:44:13+05:30In: Data Science & AI

Is Canada good for Data Science and is data science in demand in Canada?

Canada is indeed a favourable destination for data science professionals, and data science is in demand in the country. Here are some key points to consider:

Growing Demand for Data Science in Canada:

  • Data science is a rapidly growing field in Canada, as it is globally. Many Canadian companies across various industries, including technology, finance, healthcare, and retail, are increasingly relying on data-driven insights to make informed decisions and gain a competitive edge. This has led to a high demand for data science professionals.

1. Strong Tech Ecosystem:

  • Canada has a thriving technology ecosystem, particularly in cities like Toronto, Vancouver, Montreal, and Waterloo. These cities are home to numerous tech startups, established companies, and research institutions that actively recruit data scientists and related professionals.

2. Immigration Opportunities:

  • Canada offers several immigration pathways for skilled workers, including those in the field of data science. The Express Entry system and Provincial Nominee Programs (PNPs) make it relatively easier for qualified individuals to obtain permanent residency in Canada, further attracting talent to the country.

3. Educational Institutions:

  • Canada boasts world-class universities and institutions that offer data science and related programs. These institutions produce a steady stream of graduates with data science skills, contributing to the talent pool.

4. Competitive Salaries:

  • Data science professionals in Canada generally earn competitive salaries, which can vary depending on factors like location, experience, and industry. Salaries are often higher in major cities like Toronto and Vancouver.

5. Job Opportunities:

  • Data scientists, data analysts, machine learning engineers, and related roles are in demand. Job opportunities can be found in various sectors, including finance, healthcare, e-commerce, and government.

6. Work-Life Balance:

  • Canada is known for its quality of life, healthcare system, and work-life balance, making it an attractive destination for professionals seeking a balanced lifestyle.

7. Multicultural Environment:

  • Canada is a diverse and inclusive country, and its multicultural environment welcomes professionals from all over the world. This diversity can be an enriching aspect of living and working in Canada.

In summary, Canada is a good place for data science professionals, given the growing demand for data-related roles, a strong tech ecosystem, immigration opportunities, and competitive compensation. However, it’s essential to research specific cities, industries, and companies to determine the best fit for your career goals and aspirations within the data science field in Canada.

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  1. Tripti Roy
    Tripti Roy
    2022-11-05T14:29:33+05:30Added an answer on November 5, 2022 at 2:29 pm

    Firstly, data science in canada or in any other country has a great amount of scope. No doubt that data science is an emerging field and data scientists are in high demand all over the world. Data Science is used in almost every industry and this domain comes with a steep learning curve.
    There are multiple reasons as to why you should pursue data science in canada .The average salary of an entry-level data scientist is $60,000 annually. There is also a huge demand for about 19,000 professional data scientists according to the Canada Big Data Consortium. The level of demand for data scientists as well as the scope for data science in canada is about to increase by about 50% compared to software engineers. There is supposedly a huge flush of data science jobs coming up in the next 5 years.
    The scope of data science in canada is vast.According to PayScale, a fresher data scientist can earn C$70,231 per annum in Canada. A Data Scientist between 1-4 years of experience can earn C$78,099 per annum.
    Data Scientists with 5-9 years of experience can earn C$91,718 p.a. An experienced Data Scientist with 10-19 years of experience can make C$100,405. However, the salary estimate may vary based on the individuals’ skills, experience, and location.
    Data scientists, According to the world economic forum, will be the most important developing occupation in the world by 2022. Han digital talent consultancy organization also predicts that by 2025 demand for data Science related professions would be three times what it is now.
    As the job industry moves strongly towards hiring professionals with pre practical knowledge, they expect them to have a strong hold of market application of concepts and tools.
    One of my colleague is working as a data scientist in toronto. He shared his experience in which he clearly mentioned that there is immense scope
    for data science in canada and there is a lovely working environment.
    If this is your ideal goal then I think data science in canada is the perfect solution. You will find a lot of reviews on the internet where they mention that data science in canada is not upto the mark. Dont! fall for such misleading information as it will only hamper your desires.

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  2. Birju Mishra
    Birju Mishra
    2022-11-05T14:29:34+05:30Added an answer on November 5, 2022 at 2:29 pm

    Canada has many famous universities where students can study for Masters in Data Science. Students get better job opportunities after completing the degree as the university has excellent links with some of the top recruiters in the world.
    Being a data scientist in Canada is a bright scope and will present you with enormous career opportunities in Canada. Canada is set to produce around 3 lacs of data scientists by 2025 with a 1.26 billion estimated investment by the Canadian government.
    For the Data Science course in Canada, you must have A bachelor’s degree, usually in computer science or mathematics, or equivalent. Computer programming experience is generally required.
    In Canada, the Average income of a data scientist is higher than in any other country. The demand for a data science degree provides students with diverse work opportunities. In Canada, the average salary of a Data Scientist is Rs 55 lakh per year or Rs 2,858 per hour.
    Salaries for Data Professionals in Canada are the Highest in Vancouver. The escalation of big data has increased the demand for these skills across Canada, and wages have kept pace with the demand. The average salary of a Data Scientist is around $104,000 in Canada.
    Employment growth is projected to be one of the strongest among all occupations. As a result, job creation will represent about half of all openings, a proportion that is above the average of all professions.
    A career in Data Science has come among the most promising professions with the best salaries in Canadian employment. Data science experts earn well even at the fresher stage of jobs.
    Top data science universities in Canada provide international students with scholarships ranging from 2,000 CAD to 30,000 CAD per annum.

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  3. Jatin Kumar
    Jatin Kumar
    2022-11-05T14:29:35+05:30Added an answer on November 5, 2022 at 2:29 pm

    Yes, Canada is good for studying Data Science. It is one of the best destinations for Data Science Professionals in the world and is ranked among the top 15 destinations. Moreover, many Top Universities in Canada provide Data Science Courses at different levels.
    Canada is one of the top 15 destinations for data science courses, especially masters’ in data science. The cost of studying data science in Canada is between INR 7,00,000 – INR 50,00,000, depending on the type of course and the institute. Aspirants need to have valid IELTS or TOEFL and GRE scores to apply for data science courses in Canada. Apart from academic qualifications, students need to have LORs, SOPs, and an exceptional resume that features some work experience in the field of data science.
    India First Year Excellence Scholarship by the University of Alberta, Master of Data Science International Scholarship, Vector Institute Scholarships, and National Overseas Scholarship are some of the scholarships for international students in Canada to help curb tuition fees and support living expenses in Canada.
    Yes, the demand for Data Science in Canada is high. According to ICTC, it is believed to produce 300,000+ Data Scientists/Analysts by the end of 2023 as the demand for professionals with digital skills increases.
    A Data Science Professional in Canada can earn an average of CAD 79,837 (roughly INR 47,15,000) per annum, according to PayScale. Tiger Analytics Inc, IQ Partners.inc, ASTEK Canada Inc, IBM, Walmart Canada, Bank of Canada, etc. are among the best data science companies
    Canada is one of the most genial countries in terms of inviting immigrants from the globe. As the data science field is booming nowadays, it will definitely have more opportunities in the future, irrespective of any country. If you’re targeting Canada, in particular, it might be possible that Canada might have fewer opportunities only because of its friendly nature of immigration. On top of that, Canada’s economy is not as good as the USA’s, the opportunities will be lesser, and competition will be higher for sure. I strongly recommend that you should definitely opt for the data science field if you’re good at statistics and analytics. But you also have to look for the pros and cons of the country in which you want to go to study.

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