30 Effective Ways to Make Money Online in Canada (2024)

Unhappy with your current job, or want to earn some money on the side? Working and making money online might be the solution for you.

In 2019 I quit the 9-5 grind to work while travelling the world. The freedom to work from anywhere has dramatically improved my life. 

I’ve done extensive research on different career paths and how to find remote work and start side hustles.

Whether you want to earn a few hundred dollars a month, or $100,000+ a year, this list can show you how to do it.

Here are some excellent ideas on how to make money online in Canada.

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Make Money Online in Canada With Zero Experience or Skills

Make Money Online in Canada With Zero Experience or Skills

1. Selling Unwanted Items

Clear out items you no longer use or need and sell them to others. This can be done through various online platforms, local markets, or garage sales.

What Type of Person Should Do This Job

  • Individuals who are organized and detail-oriented
  • Comfortable with negotiation and sales
  • Patient, as it can take time to sell items
  • Skilled at presenting items in an appealing way through photos and descriptions
  • Familiar with online selling platforms or local marketplaces

Pay Range

The pay range is highly variable and depends on the value and quantity of items being sold. You might make a few dollars from selling old books, or several hundred from selling electronics or furniture.

What You Need to Get Started

  • Items to sell: clothing, electronics, furniture, books, collectibles, etc.
  • A camera or smartphone to take quality photos of items
  • An account on an online marketplace like Kijiji, eBay, Craigslist, or Facebook Marketplace
  • Packaging materials for shipping items (if selling online)
  • A method to receive payment, such as PayPal or a bank account.

Related Reading: How to Sell on Kijiji For Free

2. Product Testing

Product testing involves receiving products from companies, using them, and providing detailed feedback or reviews. This can be a standalone job or part of broader roles like quality assurance or market research.

What Type of Person Should Do This Job

  • Detail-oriented individuals who can assess product quality and functionality
  • Good communicators who can articulate their experience with the product
  • Individuals open to trying different products and can provide unbiased feedback
  • Comfortable with writing or recording video reviews

Pay Range

Compensation varies widely, from free products to cash payments. Typically, pay can range from $10 to $50 per test, depending on the product and company.

What You Need to Get Started

  • Reliable internet connection to receive instructions and submit feedback
  • Ability to receive products, often through the mail
  • A computer or smartphone for writing reviews or feedback
  • Join product testing websites or panels, such as Pinecone Research or Survey Junkies.

3. Microtasking

Microtasking involves completing small, simple tasks that require human intelligence, often through online platforms. Tasks can include data verification, transcription, image annotation, and more.

What Type of Person Should Do This Job

  • Detail-oriented individuals who can follow specific instructions
  • Comfortable with repetitive tasks
  • Patient, as tasks can be simple but time-consuming
  • Adaptable to different types of tasks
  • Can work independently and manage their time effectively

Pay Range

Microtasking typically pays on a per-task basis, and rates vary. You could earn a few cents to a few dollars per task. It’s possible to earn more with higher skill level tasks or by completing a large number of tasks.

What You Need to Get Started

4. Cashback Shopping

Cashback shopping involves using a cashback program or credit card to earn a percentage of money back on purchases. It’s not a job but a way to save money on regular shopping expenses.

What Type of Person Should Do This Job

  • Individuals who shop regularly online or in-store
  • Those interested in maximizing savings on purchases
  • Detail-oriented to track purchases and cashback rewards
  • Responsible with credit, if using cashback credit cards

Pay Range

Cashback typically ranges from 1% to 10% of a purchase. The earnings are savings rather than income and vary based on personal shopping habits and the specific cashback program.

What You Need to Get Started

  • Regular shopping habits, online or in-store
  • An account with a cashback website or app like Rakuten, Swagbucks, or TopCashback
  • Alternatively, a cashback credit card
  • Patience, as cashback often takes time to accumulate and become available for withdrawal or redemption.

Related Reading: The complete list of work-from-home jobs in Canada

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Make money online without a degree

Make money online without a degree

1. Proofreading (affiliate)

Proofreading involves checking written documents for errors in spelling, punctuation, grammar, and syntax. Proofreaders may work on various content types like books, articles, or business documents.

What Type of Person Should Do This Job

  • Detail-oriented individuals who can spot small mistakes
  • Excellent knowledge of the language they’re proofreading in
  • Patience to carefully review lengthy documents
  • Good communication skills to discuss changes with authors or editors

Pay Range

Freelance proofreaders can earn between $15 to $30 per hour, depending on experience and the complexity of the material. Full-time proofreaders can earn more, particularly in specialized fields.

What You Need to Get Started

  • Excellent knowledge of the language you’re proofreading in
  • Familiarity with a style guide, such as the Chicago Manual of Style or AP Stylebook
  • A computer with a reliable internet connection for receiving and submitting work
  • Proofreading software can be helpful but not always necessary
  • Consider a proofreading course or certification for credibility. I’ve had many readers land proofreading jobs after completing the Proofread Anywhere course.

2. Becoming a virtual assistant

A virtual assistant (VA) is a professional who provides administrative, technical, or creative assistance to clients remotely.

They often support businesses, entrepreneurs, or busy individuals, executing tasks that range from email management to social media marketing. VAs might, for instance, schedule meetings, create content, or manage customer service inquiries.

What Type of Person Should Do This Job

  • Organized and detail-oriented, able to manage numerous tasks efficiently
  • Reliable and self-motivated to work independently
  • Excellent written and verbal communication skills
  • Tech-savvy and comfortable learning new tools and software
  • Capable of maintaining client confidentiality and demonstrating professionalism

Pay Range

Virtual assistants typically earn between $10 to $75 per hour, depending on their skills, experience, and the complexity of tasks. Those specializing in areas like SEO or social media marketing can often demand higher rates.

What You Need to Get Started

  • A reliable computer with a high-speed internet connection
  • Knowledge of standard office software (such as Microsoft Office Suite) and familiarity with social media platforms
  • A dedicated workspace for focused and professional virtual interactions
  • Marketing your services, either through a personal website or a VA platform
  • Excellent customer service skills and the willingness to go the extra mile for your clients.
  • Consider getting additional training. ​​My friend Vanessa took this 90 Day VA course and landed a job quickly. Check it out here.

3. Digital Marketing

Digital marketing involves promoting products or services through digital technologies like websites, social media, email, and mobile apps. It’s a broad field encompassing various tactics like SEO, content marketing, email marketing, and more.

What Type of Person Should Do This Job

  • Creative thinkers who can craft compelling marketing messages
  • Analytical individuals who can interpret marketing data
  • Comfortable with technology and digital platforms
  • Excellent communication and writing skills
  • Adaptable to new trends in digital marketing

Pay Range

Digital marketers can earn between $45,000 to $100,000 annually, depending on experience, specialization, and region. Freelancers or consultants can earn more depending on their client base and rate.

What You Need to Get Started

  • Familiarity with digital marketing platforms and tools
  • Knowledge in specific areas like SEO, PPC, content marketing, social media, etc.
  • Good understanding of marketing principles and strategies
  • Degree in marketing can be helpful but not necessary
  • Certifications from Google, Facebook, or other platforms can boost credibility.

4. Social media manager

A social media manager is responsible for representing a company across social channels. They create content, respond to comments, analyze results, and lead social media strategy.

What Type of Person Should Do This Job

  • Creative individuals who can create engaging content
  • Excellent written and verbal communication skills
  • Understanding of online social etiquette and brand voice
  • Ability to analyze data and adapt strategies accordingly

Pay Range

Social media managers can earn between $50,000 to $100,000 per year depending on their level of experience, the size of the company, and the industry. Freelancers can set their own rates based on the scope of the work and their expertise.

What You Need to Get Started

  • Familiarity with social media platforms and their respective audiences
  • Understanding of social media strategy and marketing principles
  • A portfolio showing your ability to grow and engage a social media audience
  • Proficiency in tools like Hootsuite, Canva, Google Analytics, etc.

5. Content writer

A content writer creates engaging written material for websites, blogs, social media, and other platforms. They craft content that informs, entertains, or persuades the target audience. 

Content writing is how I started my online working career, and I’d recommend it to anyone who enjoys reading, writing, and learning new things.

Duties Performed

  • Write articles, blog posts, social media updates, and other content
  • Research topics and keywords to create relevant content
  • Edit and proofread content to ensure high quality
  • Work with designers, marketers, and other team members to align content with broader strategies

What Type of Person Should Do This Job

  • Individuals with strong writing and grammar skills
  • Creativity to generate engaging content
  • Excellent research abilities
  • Ability to understand and write for various audiences

Pay Range

Content writers can earn between $30,000 to $70,000 annually, depending on their experience, the complexity of the content, and the industry. Freelancers can set their own rates per project or per word.

What You Need to Get Started

  • Strong command of the language you are writing in
  • Writing portfolio showcasing your skills and versatility
  • Familiarity with content management systems, SEO principles, and digital marketing
  • Willingness to continually learn and adapt to new writing styles and formats.

Related Reading: Best careers for remote work in Canada.

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Selling Products Online

Selling Products Online

1. Selling handmade crafts on Etsy

This requires creativity, organization, and a flair for customer interaction. If you’re proficient in making charming, one-of-a-kind items, Etsy might be your perfect platform. For instance, if you’re into jewellery making, you’d spend time creating unique earrings, necklaces, or bracelets.

The perfect Etsy seller is creative, dedicated, detail-oriented, with solid customer service skills and a dose of entrepreneurial spirit.

Pay Range:

Etsy earnings vary greatly, from a side income (a few hundred dollars/month) to a full-fledged business (several thousand dollars/month), depending on your products’ appeal, pricing, and marketing efforts.

What You Need to Get Started:

  • Crafts to Sell: Like handmade candles or embroidered cushions.
  • Quality Camera: To take striking photos showcasing the intricacies of your crafts.
  • Computer & Internet: To manage your online Etsy shop.
  • Payment Method: A bank account or PayPal for receiving payments from Etsy.

2. Launching your own Shopify store

Launching a Shopify store involves setting up an online retail outlet through the Shopify platform to sell products or services. These could range from handmade crafts, clothing, digital products, or dropshipping items.

Type of Person for this Job

This job is suitable for someone who is entrepreneurial, tech-savvy, and detail-oriented. Good customer service skills are essential, as well as a basic understanding of online marketing. You should be proactive, creative, and able to handle various aspects of a business.

Pay Range

Income from a Shopify store can vary greatly, from a few hundred to thousands of dollars per month, depending on the product, price, volume of sales, and effectiveness of marketing strategies.

Getting Started

To launch a Shopify store, you will need:

  • A product or service to sell.
  • A Shopify subscription.
  • Digital marketing skills to promote your store.
  • If physical products are involved, you’ll need inventory and shipping supplies. If dropshipping, you’ll need a reliable supplier.

3. Selling print-on-demand merchandise

Selling print-on-demand merchandise involves creating unique designs that can be printed on various products (e.g., t-shirts, mugs, posters) as orders come in. The platform handles production and shipping, so sellers can focus on design and promotion.

Type of Person for this Job

Ideal for creatives who enjoy graphic design and have a flair for spotting trends. You need to be self-motivated, with solid digital skills and a basic understanding of marketing. Good customer service skills are also beneficial.

Pay Range

Earnings depend on the price set for products and the volume of sales, and can range widely from a few dollars to thousands per month. Successful sellers often have a broad portfolio of designs and employ effective marketing strategies.

Getting Started

To start selling print-on-demand merchandise, you’ll need:

  • A computer with graphic design software (like Adobe Illustrator or free options like GIMP).
  • A free account on platforms like Redbubble or Teespring.
  • Unique designs that you’ve created.
  • Basic marketing knowledge to promote your designs.

4. Selling digital products

Selling digital products involves creating and selling non-physical assets like ebooks, courses, music tracks, photography, design templates, etc., online. This can be done through personal websites, third-party platforms, or social media.

Type of Person for this Job

This job is suitable for individuals who are creative, self-motivated, and knowledgeable in a particular field. It’s important to have technical skills relevant to the product being created and basic digital marketing skills to promote the product.

Pay Range

The income from selling digital products can range from a few hundred to thousands of dollars per month, depending on the quality of the product, its pricing, and the effectiveness of marketing efforts.

Getting Started

To start selling digital products, you’ll need:

  • A digital product or the skills to create one.
  • A platform to sell the product, which could be your own website or a third-party platform.
  • Marketing skills to promote your product.
  • A payment processing system to accept customer payments.

Related Readings: How To Make Money On Amazon In Canada

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Online Marketplaces and Freelancing

Online Marketplaces and Freelancing

1. Offering freelance services

Freelancing involves offering specialized services such as writing, graphic design, programming, among others, to a diverse clientele. 

Freelancers leverage their skills and expertise to solve client problems and satisfy their needs. Examples of projects could include writing a blog post for a client’s website, designing a logo, or developing a website.

Type of Person Suitable for this Job:

This job suits individuals who are self-driven, possess strong communication skills, and can manage their time efficiently. In addition, they should have specialized skills or knowledge in their chosen field (e.g., proficiency in a programming language, strong writing skills, or design expertise).

Pay Range:

Earnings can vary widely, from $5 per project to over $100/hour, depending on the freelancer’s skills, experience, and the complexity of the project. However, it takes time and effort to build a solid reputation and command higher rates.

What You Need to Get Started:

  • A computer with a reliable internet connection.
  • An account on freelancing platforms like Upwork or Fiverr.
  • A strong portfolio showcasing your skills and past projects.
  • Time management skills for meeting deadlines.
  • Ability to write persuasive proposals to attract clients.

2. Selling professional services on LinkedIn

This involves leveraging your expertise and skills to offer services to a professional and business-centric audience.

This could range from offering business consulting, career coaching, digital marketing services, to programming solutions. For instance, you may offer to overhaul a company’s digital marketing strategy or provide executive coaching.

Type of Person Suitable for this Job:

The job suits individuals with a high level of expertise in their chosen field, excellent communication skills, and a professional demeanour. They should be self-motivated, able to manage time efficiently, and comfortable with networking and self-promotion.

Pay Range:

LinkedIn is a more professional platform, service prices often start higher, potentially ranging from $50 to several hundred dollars per hour, depending on your expertise and the complexity of the service provided.

What You Need to Get Started:

  • A LinkedIn profile that showcases your skills, expertise, and past successes.
  • A strong network of professional connections.
  • Testimonials or endorsements to validate your skills.
  • Excellent communication skills for networking and negotiation.
  • Ability to articulate your services and their value effectively.

3. Virtual tutoring or coaching

Virtual tutoring or coaching involves providing academic assistance, skill enhancement, or personal development guidance via online platforms. It leverages technology like video calls, shared screens, and digital whiteboards to foster an interactive and effective learning environment.

This job could be helping a student struggling with calculus, coaching someone on learning a new language or guiding an individual through fitness routines, for instance.

What Type of Person Should Do This Job

  • Patient and empathetic, understanding that every learner is different
  • Strong communication skills to explain complex concepts simply
  • Technologically adept, comfortable with video conferencing and online tools
  • Passionate about helping others learn and grow
  • Expert in their subject matter, with solid credentials to back it up

Pay Range

The pay for virtual tutoring varies widely, from $15 to $100 per hour or more. This depends on factors like subject matter, experience level, and geographic location. Specialized tutors in high-demand areas can often command higher rates.

What You Need to Get Started

  • Subject matter expertise or relevant qualifications
  • Stable internet connection and technology setup for video calls
  • Online platform for tutoring (like Skype, Zoom, or a dedicated tutoring platform)
  • Teaching materials appropriate for online learning
  • Marketing strategy to attract students, which could be as simple as word-of-mouth or involve using social platforms and tutoring directories.

4. Using TaskRabbit to find local freelance work

TaskRabbit is an online and mobile marketplace that connects freelance labour with local demand.

Taskers provide services in various categories, such as home repairs, cleaning, delivery, or moving help. As a Tasker, you might assemble furniture, clean a home, or run errands for someone in your community.

Pay Range

Earnings on TaskRabbit vary widely depending on the type of task, location, and your expertise. The hourly rates can range from $15 to $100. Taskers set their own rates and keep 100% of their tips.

What You Need to Get Started

  • Identification for background checks, as TaskRabbit ensures the safety of its users
  • Access to a smartphone or computer for using the TaskRabbit platform
  • An account on TaskRabbit, where you’ll list your skills, set your rates, and availability
  • Relevant tools or equipment needed for the tasks you intend to perform
  • Excellent work ethic and commitment to completing tasks to a high standard.

Related Readings: Freelancing In Canada

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Online Content Creation

Online Content Creation

1. Starting a blog and monetizing through advertising and sponsored content

Starting a blog involves creating an online platform where you publish content on a specific topic, like travel, fashion, or food. Monetization occurs through advertising and sponsored content.

For instance, you might host banner ads, write posts sponsored by companies, or create affiliate marketing content that earns you a commission for sales made through your site.

I started Wealth Awesome and started monetizing it six months after I published my first blog post, and it’s been an extremely rewarding project.

What Type of Person Should Do This Job

  • Creative and passionate about their chosen blog topic
  • Excellent writing and editing skills
  • Basic understanding of website design and SEO
  • Good negotiation skills for securing ad and sponsorship deals
  • Self-motivated, as building a successful blog takes time and dedication

Pay Range

Earnings from blogging vary greatly, from less than $1,000 to more than $10,000 per month, depending on your blog’s popularity, the number of visitors, and the effectiveness of your monetization strategies.

What You Need to Get Started

  • A blog topic you’re passionate about and can write extensively on
  • A blogging platform, such as WordPress or Blogger
  • Basic knowledge of SEO and digital marketing to drive traffic to your blog
  • An email list or social media following to engage with your audience
  • Patience and consistency, as monetizing a blog can take time.

2. Starting a YouTube channel and earning through ad revenue

Starting a YouTube channel involves creating and sharing video content on a platform with over 2 billion logged-in monthly users. You earn ad revenue through YouTube’s Partner Program. This could entail making videos about cooking, video games, makeup tutorials, or any other topic you’re passionate about.

I have a small Youtube channel that’s based on this blog, and I’ve been monetizing it for the past few years. It’s been a lot of fun and a great way to connect with my audience.

What Type of Person Should Do This Job

  • Creative individuals who enjoy storytelling through video content
  • Comfortable on camera and communicating with a large audience
  • Patient and consistent, as building a subscriber base takes time
  • Good understanding of video editing software and techniques
  • Familiar with the basics of SEO and YouTube’s algorithm

Pay Range

Earnings on YouTube vary widely. Once eligible for the Partner Program, creators typically earn between $0.25 to $4 per 1,000 views. Top creators with millions of views can earn significantly more.

What You Need to Get Started

  • A unique and engaging content idea for your channel
  • Video recording equipment, starting with a smartphone camera can work
  • Basic knowledge of video editing software
  • A YouTube account, where you’ll upload your videos and engage with your audience
  • Consistency and patience, as building an audience and becoming eligible for monetization (1,000 subscribers and 4,000 watch hours in the past 12 months) takes time.

Related Reading: How to Make Money on Youtube in Canada

3. Podcasting and securing sponsorships

Podcasting involves creating an audio show typically around a specific topic or theme, which is then distributed online for listeners to download or stream. Securing sponsorships, where businesses pay to have their products or services promoted on your podcast, can be a lucrative monetization strategy.

What Type of Person Should Do This Job

  • Individuals with good speaking and storytelling skills
  • Passionate about their chosen podcast topic
  • Self-disciplined and consistent in content creation
  • Comfortable with audio editing software and equipment
  • Good networking and negotiation skills for securing sponsorships

Pay Range

The earning potential varies widely in podcasting. Some make a few hundred dollars per episode from sponsorships, while popular podcasts can command thousands of dollars per episode.

What You Need to Get Started

  • A unique and engaging idea for your podcast
  • Basic podcasting equipment (microphone, headphones, and editing software)
  • A hosting service to publish and distribute your podcast
  • Marketing strategy to grow your audience (larger audiences are more attractive to sponsors)
  • Networking skills to reach out to potential sponsors.

4. Creating an online course on platforms like Udemy or Coursera

Creating an online course involves developing an educational program, typically focused on a specific subject, which is then sold and distributed through platforms like Udemy or Coursera. For example, you could create a course on digital marketing, Python programming, or painting techniques.

What Type of Person Should Do This Job

  • Individuals with expertise in a specific field
  • Good communication and teaching skills
  • Patient and willing to assist students in their learning process
  • Comfortable with video recording and editing tools
  • Marketing savvy to promote the course and attract students

Pay Range

Earnings vary greatly depending on the course topic, price, and the number of students. Some instructors earn a few hundred dollars, while others make thousands or even tens of thousands per month.

What You Need to Get Started

  • Deep knowledge in a specific area you’re planning to teach
  • Basic video recording and editing equipment
  • Course planning and structuring skills
  • A teaching platform account (like Udemy or Coursera)
  • Marketing strategies to promote your course.

5. Writing and selling eBooks on Amazon

Writing and selling eBooks on Amazon involves creating digital books and marketing them on Amazon’s Kindle Direct Publishing (KDP) platform. This could include writing fiction novels, non-fiction guides, cookbooks, or any other subject of interest.

What Type of Person Should Do This Job

  • Skilled writers with a passion for their chosen subject
  • Self-disciplined and able to manage a long-term project
  • Detail-oriented for the editing and formatting process
  • Basic marketing skills to promote the book
  • Patient and resilient, as eBook sales often start slow and grow over time

Pay Range

Earnings from eBook sales can range widely. Some authors make a few dollars a month, while successful authors can make thousands of dollars per month. Amazon pays up to 70% royalties on eBook sales.

What You Need to Get Started

  • A unique and engaging book idea
  • Writing, editing, and formatting skills
  • An Amazon KDP account to publish your eBook
  • A well-designed book cover and enticing book description
  • Marketing strategies to promote your book, such as social media or email marketing.

Related Readings: How to Make Money Blogging

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Investing and Financial Activities Online

Investing and Financial Activities Online

1. High-Interest Savings Accounts

A high-interest savings account is a type of bank account that offers a higher interest rate compared to traditional savings accounts. These accounts are a good option for people who want to grow their savings passively.

What Type of Person Should Do This Job

  • Individuals with savings that they want to grow over time
  • Those who have an emergency fund or savings for future expenditures
  • People who are comfortable with limited access to funds to ensure higher interest rates

Pay Range

The “earnings” from a high-interest savings account come in the form of interest accrued on your balance. Actual earnings depend on the account balance and specific interest rate. 

As an example, you can get an EQ Bank Everyday Savings rate of 2.50%, or an EQ Bank 1-Year GIC rate of 5.50%.

What You Need to Get Started

  • An initial deposit at a bank such as EQ Bank.
  • Personal identification documents for account opening
  • An understanding of any account rules, like minimum balances or transaction limits.

Related Readings: Best High-Interest Savings Accounts In Canada

2. Trading stocks or Forex online

Trading stocks or Forex online involves buying and selling financial instruments with the aim of making a profit. This can be done through various strategies like day trading, swing trading, or long-term investing. 

A caveat here – Most people do not find success with this strategy. The failure rate is extremely high. I wrote more about the difficulties of day trading here.

What Type of Person Should Do This Job

  • Individuals with strong analytical skills and understanding of financial markets
  • Comfortable taking calculated risks
  • Able to make quick decisions under pressure
  • Patient and disciplined to stick with their trading plan
  • Constant learners who stay updated with economic news and trends

Pay Range

The earning potential in trading is virtually unlimited but so are the losses. Some traders lose money, while others make a few hundred to thousands of dollars per day. Success often depends on knowledge, strategy, and a bit of luck.

What You Need to Get Started

  • An understanding of financial markets and trading principles
  • A brokerage account to execute trades, such as Questrade or Wealthsimple Trade
  • Capital to invest, while being mindful of the risks involved
  • Reliable news sources for staying updated with market trends
  • Tools for market analysis, such as trading software or platforms.

3. Participating in peer-to-peer lending

Peer-to-peer lending involves providing loans to individuals or businesses through online platforms that match lenders with borrowers. Lenders can earn interest, while borrowers can potentially access loans at lower rates than traditional banks.

What Type of Person Should Do This Job

  • Individuals comfortable with financial risk
  • Able to assess and understand credit risk
  • Patient, as returns are generated over the loan period
  • Comfortable using online lending platforms
  • Prepared to deal with potential losses due to borrower defaults

Pay Range

Earnings depend on the interest rates set and the amount of money invested. Returns can range from 3% to 8%, or potentially higher for riskier loans. However, there’s also the risk of losses if borrowers default.

What You Need to Get Started

  • Initial capital that you’re willing to lend out
  • A peer-to-peer lending platform account like goPeer
  • Understanding of credit risk and the ability to evaluate loan proposals
  • A strategy for diversifying risk across multiple loans
  • Preparedness to handle potential defaults and losses.

4. Using robo-advisors for automated investing

Using robo-advisors for automated investing involves setting up an account with a service that uses algorithms to manage your investments. You typically input your risk tolerance and financial goals, and the robo-advisor takes care of asset allocation, portfolio rebalancing, and other tasks.

What Type of Person Should Do This Job

  • Individuals seeking a hands-off approach to investing
  • Those comfortable with algorithm-based decision-making
  • Beginners to investing who may lack in-depth financial knowledge
  • Busy people who don’t have time to manage their investments actively
  • Long-term investors who are patient and consistent

Pay Range

Earnings depend on the performance of your investments and the amount of money you invest. While there’s potential for significant gains over time, markets can fluctuate, and there’s always a risk of loss.

What You Need to Get Started

  • Initial capital to invest
  • A robo-advisor platform account, such as Questwealth or Wealthsimple.
  • Basic understanding of your financial goals and risk tolerance
  • Regular contributions to your investment account
  • Patience and long-term perspective, as investing usually requires time to generate substantial returns.

Related Reading: Best Robo-Advisors in Canada

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Online Surveys, Reviews, and Testing

Online Surveys, Reviews, and Testing

1. Participating in paid online surveys

Participating in paid online surveys involves signing up with survey platforms that pay users for their opinions on various topics. Market research companies use these surveys to collect consumer insights.

What Type of Person Should Do This Job

  • Individuals who enjoy sharing their opinions
  • Those with spare time and patience, as surveys can be time-consuming
  • Comfortable with repetitive tasks
  • Detail-oriented to ensure all questions are answered accurately
  • Comfortable using online platforms and technologies

Pay Range

Earnings can vary depending on the number and type of surveys completed. Most surveys pay between $0.50 to $5 each, but some may pay up to $50 for specialized surveys.

What You Need to Get Started

  • Reliable internet access
  • An account with one or more online survey platform, such as Survey Junkies or Swagbucks.
  • Patience, as high-paying surveys can be infrequent
  • Honesty, as misleading answers can lead to account termination.

Related Readings: Top Paid Survey Sites In Canada

2. Writing paid reviews for products or services

Writing paid reviews involves evaluating products or services and writing comprehensive reviews about your experience. These reviews can be published on various platforms like blogs, YouTube, or websites dedicated to consumer reviews.

What Type of Person Should Do This Job

  • Individuals with strong writing or communication skills
  • Detail-oriented and observant to assess product features and performance
  • Honest and objective, ensuring reviews are fair and balanced
  • Comfortable using a variety of products or services
  • Willing to interact and engage with readers or viewers

Pay Range

Earnings vary widely depending on the platform used and the type of products reviewed. Some reviewers may earn a few dollars per review, while others can make hundreds of dollars for high-end product reviews or sponsored content.

What You Need to Get Started

  • A platform to publish reviews, such as a blog, YouTube channel, or a review site account
  • Access to products or services to review
  • Writing skills to craft engaging, detailed reviews
  • A strategy for attracting readers or viewers to your reviews
  • Understanding of ethical guidelines for paid reviews, including disclosure of sponsored content.

3. Becoming a mystery shopper for online stores

Becoming a mystery shopper for online stores involves acting as a regular customer to evaluate and review the shopping experience. This includes assessing the website usability, product selection, customer service, and shipping process.

What Type of Person Should Do This Job

  • Detail-oriented individuals who can observe and report accurately
  • Good communicators with strong writing skills
  • Comfortable making online purchases
  • Objective and fair in evaluations
  • Reliable and able to complete assignments on time

Pay Range

Earnings can vary depending on the complexity of the assignment. Some assignments may pay $10-$20, while others, particularly for high-end stores or detailed evaluations, could pay $50 or more. Some assignments may also include reimbursement for purchases.

What You Need to Get Started

  • Reliable internet access for online shopping and reporting
  • An account with a mystery shopping agency
  • A secure payment method for making purchases (often reimbursed)
  • Good observational and reporting skills

Related Readings: Top Mystery Shopping Companies in Canada

4. Participating in website and app testing

Participating in website and app testing involves evaluating digital platforms for their usability, design, and functionality. Companies pay testers to provide feedback from a user’s perspective to improve their online offerings.

What Type of Person Should Do This Job

  • Detail-oriented individuals with good observational skills
  • Comfortable with technology and using various websites and apps
  • Good communicators, able to clearly articulate their user experience
  • Patient and thorough, as some tests may require detailed exploration
  • Reliable, able to complete and submit tests in a timely manner

Pay Range

Typical earnings for each test range from $10 to $20, depending on the complexity and duration. Some specialized tests may pay more. However, availability of tests can be variable.

What You Need to Get Started

  • Reliable internet access and a device suitable for testing (computer, smartphone, or tablet)
  • An account with a usability testing platform, such as UserTesting or TryMyUI
  • A quiet environment for recording voice commentary during tests
  • Good communication skills for providing clear, constructive feedback
  • Familiarity with different website layouts and app interfaces.

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Leveraging Social Media to Make Money Online

Leveraging Social Media to Make Money Online

1. Becoming an Instagram influencer

Becoming an Instagram influencer involves building a large and engaged following on Instagram, typically around a specific niche or interest. Influencers collaborate with brands to promote products or services, often through sponsored posts.

What Type of Person Should Do This Job

  • Creative individuals with a unique perspective or niche
  • Comfortable being in the public eye and sharing aspects of their life
  • Good communicators who enjoy engaging with their audience
  • Able to build and maintain brand relationships
  • Consistent and committed to regularly posting high-quality content

Pay Range

Earnings can vary widely based on follower count, engagement rate, and niche. Micro-influencers with a few thousand followers might earn a few hundred dollars per post, while top influencers with millions of followers can earn several thousand dollars per sponsored post.

What You Need to Get Started

  • A public Instagram account
  • A clear understanding of your niche or brand
  • High-quality photos and captions that resonate with your audience
  • A strategy for gaining followers and increasing engagement
  • The ability to negotiate contracts and partnerships with brands.

2. Earning through TikTok’s Creator Fund

Earning through TikTok’s Creator Fund involves creating engaging content on TikTok and getting paid based on the views your content generates. The Creator Fund is TikTok’s initiative to support and reward its creative community. You’ll need to regularly create and post engaging TikTok content

What Type of Person Should Do This Job

  • Creative individuals who enjoy creating short-form video content
  • Comfortable being on camera and entertaining an audience
  • Stay updated with latest trends and viral content
  • Consistent in producing and posting content regularly
  • Open to feedback and continuously working to improve their content

Pay Range

Earnings depend on the number of views your videos receive and can vary widely. Some creators make a few hundred dollars a month, while others with viral content can earn significantly more.

What You Need to Get Started

  • A TikTok account with a significant following (at least 10,000 followers)
  • A history of creating original content that adheres to TikTok’s community guidelines
  • Access to the TikTok Creator Fund in your country
  • Over 18 years old
  • A minimum of 100,000 video views in the last 30 days.

Related Reading: How to Make Money Using TikTok in Canada

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Make Money Online Using Artificial Intelligence (AI)

Make Money Online Using Artificial Intelligence (AI)

AI has been all anyone can talk about lately, and it’s no secret why. There are so many different potential applications for it, and it’s much like when the internet exploded in the 90s and early 2000s. Here are some ways you can make money online with AI. 

1. AI Data Cleaning or Data Labeling

AI data cleaning or data labelling involves preparing data for machine learning algorithms. It involves identifying and correcting errors, removing duplicates, and labelling data accurately to enhance the performance of AI models.

What Type of Person Should Do This Job

  • Detail-oriented individuals who can identify anomalies in data
  • Patience to work with large sets of data
  • Understanding of data management principles
  • Basic understanding of AI and machine learning concepts

Pay Range

AI data cleaners or data labellers can earn between $40,000 to $80,000 per year depending on their level of experience, the complexity of the data, and the industry.

What You Need to Get Started

  • Basic understanding of data structures
  • Familiarity with data cleaning and labelling tools
  • Basic knowledge of AI and machine learning principles

2. AI Chatbot Testing and Training

AI Chatbot Testing and Training involves improving the performance of AI-driven chatbots. The job requires continuous testing and training of the chatbot’s model to ensure it delivers accurate responses and understands user queries better.

What Type of Person Should Do This Job

  • Analytical individuals who can test various scenarios
  • Understanding of machine learning algorithms
  • Excellent problem-solving abilities
  • Patience and persistence to train and test multiple times

Pay Range

AI Chatbot Testers and Trainers can earn between $50,000 to $90,000 per year, depending on their level of experience, the complexity of the chatbot, and the industry.

What You Need to Get Started

  • Familiarity with chatbot platforms and machine learning models
  • Knowledge of programming languages such as Python
  • Understanding of natural language processing (NLP)

3. AI Quality Assurance (QA) Tester

An AI Quality Assurance (QA) Tester ensures the reliability and efficiency of AI systems and models. This role involves testing AI algorithms, identifying potential issues, and collaborating with developers to improve overall system performance.

What Type of Person Should Do This Job

  • Analytical individuals with attention to detail
  • Excellent problem-solving skills
  • Understanding of AI, machine learning, and deep learning principles
  • Good communication skills for collaborating with developers

Pay Range

AI QA Testers can earn between $50,000 to $100,000 per year, depending on their experience, the complexity of the systems being tested, and the industry.

What You Need to Get Started

  • Knowledge of AI, machine learning, and deep learning principles
  • Familiarity with QA methodologies and tools
  • Understanding of programming languages such as Python

4. AI Content Moderation

AI Content Moderation involves the use of AI technologies to monitor, evaluate, and manage digital content. The role requires improving and maintaining the AI models used to automatically detect and manage inappropriate or harmful content online.

What Type of Person Should Do This Job

  • Individuals with a strong understanding of AI technologies
  • Critical thinkers capable of training AI models
  • Ability to deal with potentially distressing content
  • Good problem-solving and communication skills

Pay Range

AI Content Moderation professionals can earn between $50,000 to $90,000 per year, depending on their level of experience, the complexity of the models they are working with, and the industry.

What You Need to Get Started

  • Understanding of AI, machine learning, and deep learning principles
  • Knowledge of content moderation policies and standards
  • Familiarity with AI platforms and tools

5. AI Ethics Compliance Analyst

An AI Ethics Compliance Analyst ensures that AI technologies are developed and used in a manner that respects ethical guidelines and regulations. The role involves reviewing AI models and applications, ensuring they meet ethical standards, and mitigating potential risks.

What Type of Person Should Do This Job

  • Individuals with a strong understanding of AI technologies
  • Ethical and responsible decision-makers
  • Excellent communication and persuasion skills
  • Critical thinkers who can anticipate potential ethical issues

Pay Range

AI Ethics Compliance Analysts can earn between $60,000 to $120,000 per year, depending on their level of experience, the complexity of the systems they are working with, and the industry.

What You Need to Get Started

  • Understanding of AI, machine learning, and deep learning principles
  • Familiarity with ethical considerations and guidelines in AI
  • Excellent analytical skills

Related Reading: Best AI Stocks In Canada

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Essential Tips and Strategies for Success in Making Money Online

  1. Remember The Lifelong Learning Approach – In the world of online work, you’re always on stage. And it’s a stage that demands constant learning and refining of your craft. Whether you’re dabbling in SEO, creating compelling content, or mastering the art of digital marketing, there’s always room for growth. For learning, I personally love platforms like Coursera and Udemy – they’re packed with tons of insightful courses.
  2. The Networking and Marketing Magic – Let’s get something straight: networking is not optional; it’s mandatory. I’ve personally seen the power of platforms like LinkedIn in building solid professional relationships. And don’t forget to show up in webinars and online forums. The connections you make today could lead to incredible opportunities tomorrow. Now, marketing isn’t just for businesses; it’s for individuals too. Your online presence is your brand, and it needs to be seen. Highlight your skills, showcase your work, and watch opportunities roll in.
  3. Mastering the Money Matters– Financial management might not be as thrilling as making money, but it’s equally crucial. Keep track of your income with tools like QuickBooks or Mint. And don’t forget those tax obligations. If there’s one piece of advice I’d give, it’s this: always consult with a tax advisor to ensure you’re on the right side of the law.
  4. Creating Your Work-Life Balance – Online work can quickly turn into a 24/7 job if you let it. It’s important to design a work routine and stick to it. Remember, all work and no play can lead to burnout, and trust me, you don’t want that. Make sure you’ve got enough ‘me-time’ in your schedule.

Conquering the Challenges of Making Money Online

  1. Staying Steady Amid Setbacks – Here’s a bitter truth: online success isn’t instant. You might have to hustle for months before the earnings start pouring in. But that’s no reason to give up. Keep honing your skills, and remember, persistence always pays off.
  2. Guarding Against Scams – The online world is a double-edged sword. On one side are opportunities, on the other, scams. Stay sharp, and always research before you plunge into any venture. If something seems too good to be true, it usually is.
  3. Overcoming the Online Work Pitfalls – Procrastination and lack of focus can be major hurdles in online work. The solution? A solid work schedule and clear goals. And don’t forget to check out productivity tools – they can be game-changers.
  4. Dealing with Isolation – When you’re working online, isolation can creep up on you. But there are ways to beat it. Find online communities, virtual coworking spaces, or just schedule regular video calls with your buddies.

Pros and Cons of Making Money Online

Pros
  • You can set your own schedule
  • Can potentially work from anywhere in the world
  • No more long commutes
  • Limitless earning potential
Cons
  • It can be isolating at times, especially if working alone
  • Networking opportunities are much more difficult.
  • Harder to build connections with bosses or coworkers

Conclusion

The online world is a goldmine of opportunities, and it’s waiting for you to dig in. It’s not just about making money; it’s about creating a lifestyle that speaks ‘freedom,’ ‘flexibility,’ and ‘fulfillment’.

Yes, the journey is packed with challenges. But remember, every great journey is. What makes you successful is your ability to bounce back, learn from your slips, and keep going. Working online has been by far the most rewarding thing I’ve done in my professional life. 

Whether you’re all set to freelance, launch your e-commerce venture, or become the next blogging sensation, remember: you’re shaping a career that’s uniquely yours.

So, get going! Every big success story begins with a small step. Take that step today. Embrace the vibrant, limitless opportunities of earning online in Canada. Keep learning, keep growing, and most importantly, believe in your potential.

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Author Bio - Christopher Liew is a CFA Charterholder with 11 years of finance experience and the creator of Wealthawesome.com. Read about how he quit his 6-figure salary career to travel the world here.

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27 thoughts on “30 Effective Ways to Make Money Online in Canada (2024)”

  1. Christopher – what a great article full of ways to make money online!

    I like how you included microtasking. This is a great option for those who don’t want to commit to a second job that requires sticking to a consistent schedule. Microtasking is a fantastic way to make money on your own schedule and help others out. Many tasks can be completed in a series of several short steps and are temporary.

    I also like how you included creating online courses. This is a great way to make passive income online while sharing your skills. There are many different subject areas you can create courses on. The possibilities are endless!

    When first figuring out how to make money online, it’s a good idea to sort out what your interests are. From there, you can find side hustles that fit your passion and skills.

    – Jani

    Reply
  2. I absolutely love your blog and find most of your post’s very interesting and informative. Thanks for sharing such useful info, and again awesome site!

    Reply
  3. I have a bookkeeping biz, and courses like Ben weren’t around when I went to school to learn to account. It would definitely be helpful for a newly graduated student of accounting. I haven’t taken this course though, but I’ve done a similar course on creating a bookkeeping biz.

    Reply
  4. I think the best way to earn money by watching videos is to find an app that associates the best partners on the market. The app I find very reliable is Paidwork, this app lets you earn money by watching videos, filling surveys, playing mobile games or even creating accounts on different sites. Paidwork also has a referral system which lets you earn money simply by inviting your friends to it.

    Reply
  5. That’s great talk! Very helpful article! Thank you for taking the time to educate people like me with minimal experience!

    Reply
  6. Love the post. It is a seriously amazing and helpful post. I would like to suggest a great addition, checkout DailyRemote, a remote job website that publishes updated and new remote jobs every day and helps many job seekers land awesome remote jobs during these tough times. IT would be a great addition to this article.

    Reply
  7. Its my first time looking for a job online.i just need to know what is needed to actually get started without a degree,i do have knowledge of tech and all but its not easy to even find the rite fit for the job.what can i do to get started?

    Reply
  8. Interesting topic and article!
    Doesn’t it sound like the stuff of fantasies to make money through photography? Especially if you’ve always enjoyed picking up a camera and expressing yourself creatively.

    You’d be able to pursue one of your greatest hobbies on a daily basis, fine-tune your skills, learn more about humans and what makes them tick, create beautiful works of art, and still pay your expenses.

    You might say goodbye to your unfulfilling 9-to-5 job, stop reporting to your boss, and begin living life on your own terms.

    Of course, it will not be simple.

    I hope we can all make more money online, particularly through photography.

    Cheers!

    Reply
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  10. This is really awesome! I love making money online! Have you heard of a website called PicturePunches? It’s a memes site that you can earn from. It’s very easy and fun. I think you should add it to your list.

    Reply

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