Hi. You are probably right about the FE thing, particularly since PFE's are a dieing breed. You don't go out and "get" a dispatcher license on your own in Canada, per se, rather you get the two writtens done and then whatever company hires you will train you.
There is a recent post on a possible dispatcher position
here . I have no idea on pay and terms. In Calgary, Westjet continues to grow and often looks for dispatchers also, plus it is a much better place to live in Canada IMHO than Toronto.