Economists and economic policy researchers and analysts
Occupation · NOC 2021 41401 · Canada
- NOC 2021 code
- 41401
- TEER
- 1
- Positions on positive LMIAs, all lists
- 59
- Median wage, Canada
- C$48.08 per hour
- Job Bank postings, Jan–Sep 2026
- 183
OC<CANECONOMISTS<AND<ECONOMIC<POLICY<RESEARC 414018<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<6
About this occupation
Economists and economic policy researchers and analysts conduct research, monitor data, analyze information and prepare reports and plans to resolve economic and business problems and develop models to analyze, explain and forecast economic behaviour and patterns. They advise on matters such as finance, fiscal and monetary policy, international trade, agricultural and natural resource commodities and labour and industrial markets. They are employed by government departments and agencies and throughout the private sector in associations, unions, research organizations, banks and investment firms.
Example job titles
- agricultural economist
- economic advisor
- economic analyst
- economic policy analyst
- economist
- energy economist
- financial economist
- industrial economist
- international trade economist
- investment economist
- labour economist
- natural resources economist
- tax economist
- trade economist
Main duties
- This group performs some or all of the following duties:
- Conduct research and develop models to analyze, explain and forecast economic behaviour and patterns, and devise methods for collection and analysis of data
- Forecast production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions
- Prepare forecasts of income and expenditure, interest rates and exchange rates
- Analyze factors which determine economic growth and advise government agencies on policies to increase economic activities
- Analyze factors which determine labour force participation, employment, wages, unemployment and other labour market outcomes
- Study mathematical formulae and statistical techniques and apply them to the testing and quantifying of economic theories and the solution of economic problems
- Study the nature of money, credit and the operation of banks and other financial institutions to develop monetary policies and forecasts of financial activity
- Monitor economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies
- Examine problems related to the economic activity of individual companies
Employment requirements
- A master's degree in economics or in a related discipline such as business administration or statistics is usually required.
- A doctorate in economics may be required.
Temporary foreign worker positions (LMIA)
Positions on positive LMIAs in ESDC employer lists, by year of the list.
Approved positions by year
Data table
| 2016 | 9 |
| 2017 | 9 |
| 2018 | 3 |
| 2019 | 8 |
| 2020 | 3 |
| 2021 | 2 |
| 2022 | 2 |
| 2023 | 9 |
| 2024 | 5 |
| 2025 | 9 |
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- CIG Canada ULC1
- Precision Health Economics (Canada) Inc.1
- Tolko Marketing & Sales Ltd.1
- Amazon Canada Fulfillment Services, ULC1
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- Purple Squirrel Economics Canada Inc.1
- IXL Learning Canada ULC1
- Amazon Canada Fulfillment Services, ULC1
- HEC Montréal1
- ZGG LTD.1
- Futures First Canada Inc.1
- Institut Compass1
- UPA Développement international1
Work permits
Work permit holders by year the permit took effect, mapped from NOC 2016 where the code has a single NOC 2021 successor (IRCC).
| Year | TFWP permits | IMP permits |
|---|---|---|
| 2026 | 0 | 5 |
| 2025 | 0 | 15 |
| 2023 | 0 | 5 |
| 2022 | 0 | 15 |
| 2021 | 0 | 20 |
| 2020 | 0 | 10 |
| 2019 | 0 | 15 |
| 2018 | 0 | 50 |
| 2017 | 0 | 30 |
| 2016 | 0 | 45 |
| 2015 | 0 | 35 |
All work permits by year
Data table
| 2015 | 35 |
| 2016 | 45 |
| 2017 | 30 |
| 2018 | 50 |
| 2019 | 15 |
| 2020 | 10 |
| 2021 | 20 |
| 2022 | 15 |
| 2023 | 5 |
| 2025 | 15 |
| 2026 | 5 |
Permanent residence
Admissions of permanent residents by intended occupation and Express Entry invitations by occupation (IRCC).
New permanent residents by year
Data table
| 2015 | 170 |
| 2016 | 105 |
| 2017 | 90 |
| 2018 | 110 |
| 2019 | 145 |
| 2020 | 55 |
| 2021 | 70 |
| 2022 | 110 |
| 2023 | 120 |
| 2024 | 75 |
| 2025 | 25 |
| 2026 | 25 |
- Federal Skilled Worker705
- Canadian Experience Class545
- Provincial Nominee Program25
Wages
Median wage by province and territory (2025 release). Hourly unless marked per year.
| Area | Low | Median | High |
|---|---|---|---|
| Canada | C$33.65 | C$48.08 | C$71.79 |
| Alberta | C$40.87 | C$50.00 | C$63.11 |
| British Columbia | C$35.90 | C$45.67 | C$70.00 |
| Manitoba | C$29.59 | C$44.53 | C$62.11 |
| New Brunswick | C$33.33 | C$43.00 | C$47.18 |
| Newfoundland and Labrador | C$37.44 | C$48.35 | C$93.75 |
| Nova Scotia | C$31.75 | C$45.38 | C$65.93 |
| Ontario | C$35.71 | C$51.28 | C$71.79 |
| Quebec | C$32.74 | C$46.00 | C$83.59 |
| Saskatchewan | C$33.68 | C$47.80 | C$64.64 |
- Job Bank postings, Jan–Sep 2026
- 183
- Vacancies advertised
- 197
- Median advertised minimum hourly wage
- C$32.21
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