this post was submitted on 11 Dec 2023
21 points (100.0% liked)

Personal Finance Canada

1196 readers
1 users here now

Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!

founded 1 year ago
MODERATORS
[email protected]
21
It now costs more to afford basic necessities in Calgary than in Vancouver, Toronto: StatsCan (www.cbc.ca)
submitted 11 months ago by [email protected] to c/[email protected]
5 comments fedilink hide all child comments
top 5 comments
sorted by: hot top controversial new old
[–] [email protected] 6 points 11 months ago

The more important stat is cost of living to salary ratio. Vancouver’s is WAAAAAY too high.

[–] [email protected] 4 points 11 months ago (1 children)

You would expect that not having a provincial sales tax would bring the cost of necessities down

[–] [email protected] 7 points 11 months ago

Why? That's 7-15% margin that retailers are just leaving on the table?

[–] blackfire 3 points 11 months ago (1 children)

What are albertas industriesbthat give it a higher median than BC?

[–] [email protected] 2 points 11 months ago

Oil and gas probably?