Before you decide to migrate to Canada, you must consider several factors. Among these are the climate and the cost of housing. You also have to consider taxes and the health care system. In this article, you will discover all the details about Canada. Before you leave for Canada, make sure you read up on these topics. You’ll also get an overview of the Canadian education system. Then, you can plan your move.
Price of housing:
Canadian home prices are increasing, but not as fast as their southern counterparts. While a rise in housing starts is encouraging, Canadian households are not as vulnerable to a collapse as their southern neighbors. Many have substantial home equity and could move to downsize if they wish. Still, about 40 percent of Canadian mortgage holders make high payments or accelerate principal pay-downs. With mortgage rates currently at 4.4 percent, these payments could be suspended.
Taxes:
Before moving to Canada, you should find out how much you can earn. Although Canadian salaries are generally high, the average is low in other countries. You must account for the currency fluctuation and inflation in the country you will move to. It is also wise to find out how much it will cost to ship your personal belongings to Canada. Ideally, you should bring only the essentials. You may also want to determine whether your employer or recruiter will pay for your move.
Health care system:
One of the best things to know about Canada is the health system. The country’s tax-funded health insurance system pays for the basics, while the private sector provides the rest. While basic health care is free, you can expect to wait in a long queue for medical appointments and prescriptions.
Climate:
If you’re considering migrating to Canada, you might want to consider the climate before doing so. Changing climate has already led to the decline of permafrost in the Arctic, and Canadians might soon see their summers turned into drier winters. Many coastal areas, including coastal Quebec, may be subject to eroded shorelines due to ocean acidification. Alberta and central Quebec could see prolonged drought and increased forest fires. While climate change has never been directly responsible for migration, it may play a role in the country’s future.