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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
NOC41401TEER 1
Year by year
Data as at 2026
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

592016201720182019202020212022202320242025
59201620182020202220242025
Data table
20169
20179
20183
20198
20203
20212
20222
20239
20245
20259
By province or territory
  1. Ontario47
  2. Quebec8
  3. British Columbia3
  4. Alberta1
Employers with the most positions
  1. Bank of Canada35
  2. DeRose Barristers & Solicitors Professional Corporation2
  3. CIG Canada ULC1
  4. Precision Health Economics (Canada) Inc.1
  5. Tolko Marketing & Sales Ltd.1
  6. Amazon Canada Fulfillment Services, ULC1
  7. Inkas Safe Manufacturing Ltd1
  8. Purple Squirrel Economics Canada Inc.1
  9. IXL Learning Canada ULC1
  10. Amazon Canada Fulfillment Services, ULC1
  11. HEC Montréal1
  12. ZGG LTD.1
  13. Futures First Canada Inc.1
  14. Institut Compass1
  15. UPA Développement international1
By stream
  1. High-wage stream (TFWP)49
  2. LMIA for permanent residence only1

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).

YearTFWP permitsIMP permits
202605
2025015
202305
2022015
2021020
2020010
2019015
2018050
2017030
2016045
2015035

All work permits by year

255020152016201720182019202020212022202320252026
2550201520172019202120232026
Data table
201535
201645
201730
201850
201915
202010
202120
202215
20235
202515
20265

Permanent residence

Admissions of permanent residents by intended occupation and Express Entry invitations by occupation (IRCC).

New permanent residents by year

85170201520162017201820192020202120222023202420252026
851702015201720192021202320252026
Data table
2015170
2016105
201790
2018110
2019145
202055
202170
2022110
2023120
202475
202525
202625
Express Entry invitations since 2015, by programme
  1. Federal Skilled Worker705
  2. Canadian Experience Class545
  3. Provincial Nominee Program25

Wages

Median wage by province and territory (2025 release). Hourly unless marked per year.

AreaLowMedianHigh
CanadaC$33.65C$48.08C$71.79
AlbertaC$40.87C$50.00C$63.11
British ColumbiaC$35.90C$45.67C$70.00
ManitobaC$29.59C$44.53C$62.11
New BrunswickC$33.33C$43.00C$47.18
Newfoundland and LabradorC$37.44C$48.35C$93.75
Nova ScotiaC$31.75C$45.38C$65.93
OntarioC$35.71C$51.28C$71.79
QuebecC$32.74C$46.00C$83.59
SaskatchewanC$33.68C$47.80C$64.64
Job Bank postings, Jan–Sep 2026
183
Vacancies advertised
197
Median advertised minimum hourly wage
C$32.21