‘All I’m doing … is working and paying bills.’ Why some are leaving Canada for more affordable countries
2024/01/04 Leave a comment
More on increasing emigration:
Statistics Canada data estimate net emigration (which subtracts emigrants who have returned from the number of those who left) at 35,337 between mid-2022 and mid-2023, its highest number since 2017.
Some of those leaving say the high cost of housing and other essentials such as food are among the factors prompting them to seek to live somewhere where their money goes further. Analysis of federal data by the British Columbia Business Council, an association representing about 250 large B.C. businesses, suggests Canadians may be feeling those pressures for some time to come.
“Government forecasts do not expect a recovery in living standards in Canada or B.C. until at least 2027,” according to a recent report by the organization. “Canada’s real [gross domestic product] is now around $1,000 per person, or around $2,500 per household, below what it was prior to the pandemic.”
