Competitive salary. Salaries range from 116,000 CAD (lowest average) to 532,000 CAD (highest average, actual maximum salary is higher).. Wondering how much does a Psychiatrist make in Toronto, Ontario (ON)? A person working in Doctor / Physician in Toronto typically earns around 316,000 CAD per year. Salaries vary drastically between different Doctor / Physician careers. Job email alerts. Medscape's Psychiatrist Compensation Report describes how much these specialists earn, whether they are satisfied with their jobs, and whether their income has gone up or down. Search and apply for the latest Psychiatrist jobs in Toronto, ON. Looking for a list of psychiatrists in your area? Some work in hospitals or mental health agencies. What salary does a Psychiatrist earn in Toronto? Because physicians are publicly-funded, one does not need to pay any fees to see a psychiatrist, even for those in private practice. A person working as a Psychiatrist in Canada typically earns around 306,000 CAD per year. This is the average yearly salary including housing, transport, and other benefits. 24 Psychiatrist Salaries in Toronto, ON provided anonymously by employees. Topping the list is Scarborough, with Barrie and Nepean close behind in second and third. Seeing a psychiatrist requires a referral from your physician. Verified employers. Unfortunately, because demand for psychiatrists is so high, and they are relatively few, it is very difficult to find any lists of psychiatrists. Free, fast and easy way find a job of 126.000+ postings in Toronto, ON and other big cities in Canada. Psychiatrist salaries vary drastically based on … This is the average yearly salary including housing, transport, and other benefits. They may also work on their own in "private practice." Nepean beats the Ontario average by 10.3%, and Scarborough furthers that … Full-time, temporary, and part-time jobs. 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