MiddleClassCentrist Posted April 3, 2012 Report Posted April 3, 2012 http://www.cra-arc.gc.ca/esrvc-srvce/tx/bsnss/pdoc-eng.html I found this nifty little tool online. You can see how much it is costing you each year to live in the province you do. For instance, I found that it costs me around $5-6,000 a year more to live in Ontario(If I did it right that is), than if I lived in Alberta. Not including my wife's wages. I don't think that premium is worth it... Quote Ideology does not make good policy. Good policy comes from an analysis of options, comparison of options and selection of one option that works best in the current situation. This option is often a compromise between ideologies.
TheNewTeddy Posted April 4, 2012 Report Posted April 4, 2012 It's about more than just taxes. I've looked into this from every possible way. Here's a quick example. http://www.viewit.ca/city/northyork.aspx?CID=360 My region of Toronto. Contains "Jane and Finch", a very "poor" and "ghetto" area. Single bedrooms start at $800 http://www.viewit.ca/city/calgary.aspx All of Calgary. Contains all of Calgary. Single bedrooms start at $839 $500 extra a year, just on rent. Every time I work out these things: wages, taxes, rents, cost of living, etc, I come out with the same amount of "free money" to spend, weather I live in Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, or Halifax. Quote Feel free to contact me outside the forums. Add "TheNewTeddy" to Twitter, Facebook, or Hotmail to reach me!
MiddleClassCentrist Posted April 4, 2012 Author Report Posted April 4, 2012 It's about more than just taxes. I've looked into this from every possible way. Here's a quick example. http://www.viewit.ca/city/northyork.aspx?CID=360 My region of Toronto. Contains "Jane and Finch", a very "poor" and "ghetto" area. Single bedrooms start at $800 http://www.viewit.ca/city/calgary.aspx All of Calgary. Contains all of Calgary. Single bedrooms start at $839 $500 extra a year, just on rent. Every time I work out these things: wages, taxes, rents, cost of living, etc, I come out with the same amount of "free money" to spend, weather I live in Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, or Halifax. Well technically, if we follow the laws of supply and demand, that should be the case. Costs just adjust to how much money people have to spend. Quote Ideology does not make good policy. Good policy comes from an analysis of options, comparison of options and selection of one option that works best in the current situation. This option is often a compromise between ideologies.
CPCFTW Posted April 7, 2012 Report Posted April 7, 2012 (edited) It's about more than just taxes. I've looked into this from every possible way. Here's a quick example. http://www.viewit.ca/city/northyork.aspx?CID=360 My region of Toronto. Contains "Jane and Finch", a very "poor" and "ghetto" area. Single bedrooms start at $800 http://www.viewit.ca/city/calgary.aspx All of Calgary. Contains all of Calgary. Single bedrooms start at $839 $500 extra a year, just on rent. Every time I work out these things: wages, taxes, rents, cost of living, etc, I come out with the same amount of "free money" to spend, weather I live in Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, or Halifax. How can you determine your wages in different cities? Seems like a subjective exercise that may have been influenced by bias to obtain your expected result. According to this, Calgary has the best salaries among Canada's major cities. Viewit is also not really the greatest measurement of rental costs. Real estate prices are lower in Calgary than in Toronto, that would likely be a good proxy for average rental costs (far better than a viewit search IMO). Average condo prices appear to be around 100k more in Toronto than in Calgary (around 400k vs 300k). Calgary is a far cheaper place to live in than Toronto. Lower personal income taxes and lower sales taxes (5% vs 13%), lower real estate prices, cheaper transit, cheaper gas/energy. Please feel free to show me any of your calculations which disprove this. Edited April 7, 2012 by CPCFTW Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.