From the fast-paced streets of Toronto – a hotspot for technology and finance – to the ocean views of Halifax – a fast-growing innovation hub – you will find loads of options establish yourself in your recent country.
methodology
This list was compiled using the next data points. Cost of living figures come from Numbeo, a crowdsourced online database, and are as of March 2024. Average housing rental prices are from the Canada Mortgage and Housing Corporation (CMHC) and are as of October 2023. Home Buying Sources The Prices vary by city and are listed below. The cost of automobile insurance is decided by the Insurance Bureau of Canada. All information is subject to vary.
Why move to Toronto, Ontario?
Toronto is a multicultural metropolis with greater than three million residents – almost 6.5 million for those who include the whole Greater Toronto Area (which also includes Durham, Halton, Peel and York).
The GTA can also be Canada’s economic and financial center, where you can find the country’s largest stock exchange and the headquarters of many banks and other financial institutions. It can also be a hub for other industries including technology, healthcare, real estate, insurance, retail, telecommunications, entertainment, tourism and more. It can also be home to major sports teams including the Toronto Maple Leafs, Toronto Raptors, Toronto Blue Jays and the Toronto Football Club.
Job opportunities in Toronto:
These are the growing industries and job titles on the lookout for candidates.
- Technology: Software developers, program managers, business analysts, network engineers, DevOps engineers
- Finance: Accountants, financial analysts, accountants, financial advisors, internal auditors, payroll specialists
- Health care: Pharmacy assistants, registered nurses, pharmacy technicians, dental secretaries, medical secretaries, medical receptionists
- Mechanical engineering: Mechanical engineers, electrical engineers, estimators, civil engineers, project engineers, structural engineers, automation engineers
Cost of living: Toronto has a reasonably high cost of living in comparison with the remaining of Canada. The estimated monthly cost of living for a family of 4, excluding housing, was roughly $5,545 at the top of March 2024; for a single person it was $1,526. The average annual cost of automobile insurance in Ontario was $1,780 in mid-2023 (probably the most recent data available).
Living costs: The average monthly rent for a one-bedroom apartment in Toronto was $1,691 as of October 2023; Two-bedroom apartments averaged $1,958. According to the Toronto Regional Real Estate Board (TRREB), the benchmark real estate price in February 2024 was $1,072,528 within the City of Toronto and $1,108,720 across all TRREB regions. The cost of a single-family home within the GTA was $1,443,612 and the common cost of a condominium was $695,345.
Research further: Look at town of Toronto “Moving to Toronto” website.
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Why move to Ottawa, Ontario?
Ottawa – the capital of Canada – has a wealthy cultural heritage and is the middle of Canadian political activity. And Ottawa has far more to supply. It is a dynamic economic center with thriving firms in technology, aerospace, defense, tourism and public services. (The federal government is the most important employer within the Capital Region.) Home to the scenic Rideau Canal – a UNESCO World Heritage Site – Ottawa has wonderful historic and modern architecture, making it a beautiful place to probe for singles and families alike .
