Desirable areas such as Kelowna, the British Columbian city in the Okanagan Valley wine region, is also often included in the top 10 most expensive places to live as the quality of life it offers makes it a very popular choice.Īlso, as major cities such as Vancouver and Toronto have become pricier, more people have moved to the suburbs. It is not just the major cities that can be expensive. Overall, Canada had seen a lower average cost of living up until the pandemic but now has seen a rise in costs such as that are being seen worldwide. Of course, just like in the UK, the cost of living in Canada varies depending on where you choose to live and cities tend to be more expensive.Īlthough in recent years, Toronto has seen increases in some costs, Vancouver is the most expensive city in the country in which to live, especially when it comes to renting costs and the price of your daily shop. From renting and buying houses to groceries and eating out, how does Canada match up to the UK? City LivingĪccording to the latest data from Numbeo, Canada is the 25th most expensive country in the world to live in, compared with the UK as the 27th most expensive country. So, if you are planning to make the move to Canada, it is important to know what your new lifestyle will cost, the money you will need to live in your chosen province or territory and how it compares to home.
What continues in Canada however, is a large gender-wage gap although this is a priority reform focus for 2021/2022.
Before the Covid-19 pandemic, the employment rate in Canada was high, and above average that of the other OECD countries. No wonder so many people choose to call Canada home.Īccording to the Organisation for Economic Co-operation and Development (OECD), the supply-chain disruptions caused by Covid 19 and other factors have slowed Canada’s economic recovery.
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