I mean, it’s a protected term in Canada too but it doesn’t necessarily lead to higher salaries.
My cousin who’s an electrician made about as much as I did as an electrical engineer, and I left electrical engineering to be a software developer because it paid more. Engineering paid more than being an electrical technician / designer, but not by a huge amount.
I left aeronautical engineering to become a software “engineer” for similar reasons, salary and work culture. Actual engineering pays quite terribly in the UK, it’s a fair bit better in Germany or the US from what I hear.