Cost of Living in Toronto

You know how bad Toronto is when comments get monitored, flagged and censored more than any other major 1st world city. Toronto is a very bad place for entrepreneurs and go-getters and a paradise for the social interest groups and criminals.

Just read the growing number of Reddit posts from Toronto and Scarborough people cannot find a job or even have food to eat. Yesterday a report disclosed that about 400,000 Toronto residents don’t have a job

Low wages high rents and terrible dating scene. Move at your own risk

My salary gets me through the month and I can't have any savings. I live in a 1 room + 1 bathroom apartment that doesn't even have a kitchen.

I studied for 3 years through the lockdowns to get a better paying job, but for every single job there are at least 300 applicants.

Due to all the stress and economic problems, I recently had a hormonal imbalance and tried to find a doctor. After 14 months and 5 referrals I finally found a specialist. It turns out that my condition "isn't covered" by the government and I had to shell out $500 for every injection despite paying exorbitant taxes for the promise of "free" healthcare.

I used to work in another country and used to drive a brand new Nissan.

I thought that migrating to Canada would be mutually beneficial to both myself and the country.

It turns out that Canada is a scam. I came here with almost $90,000, spent everything, and now living paycheck to paycheck.

Now I'm looking for every opportunity to escape but can't even afford moving away. Avoid coming here at all costs.

If a place like Toronto is the country's largest city with the most things going on and "opportunity", and if a place like Ottawa is the country's capital city, then this is a red flag alert!
Canada has been surpassed by many countries and growing, and it's just too late.

They just want you to sell your properties and investments in your home country, and use the proceeds to pay for overpriced rent and food to make the Bridle Path, Forest Hill and Westmount elites richer. It's a s.c.a.m.

Current headlines indicate that nobody is buying Toronto condos anymore, despite the government bodypacking the country in recent years.

The Ponzi scheme is slowly falling apart. How can a city with more people than ever not have any money to pay higher rents and consume more consumables? Enjoy the decline.

Toronto is truly a smudged situation,

they’re in the middle of a housing, cost of living, and employment crisis and the government doubles immigration rates and jacks up international student admissions only exacerbating the existing issues, they have zero market competitiveness so their goods prices are through the roof, their housing prices only shoot upwards, it’s insane and I feel for the posters below and understand their anger.

You're just coming to Toronto to become a general labour wage serf.

Has anyone noticed that their newsfeed and YouTube feeds have a lot of videos about people complaining about Canada?

Local Canadian media, and even the BBC have recently reported that many people are leaving Canada. Given that about a quarter of the population lives in the Greater Toronto Area, maybe the posters below are right about the dismal state of affairs.

We have the internet accessible in almost every country of the world, and yet I still hear complaints from mainly people on a student visa, complaining how rents are high, and they can't find jobs to supplement their expenses while studying in Canada.

Canada is declining, and yet, people are fooled into coming into this big dump especially Toronto where rents are about C$2,500/month for a one-bedroom apartment. Petty crime is rising, unhoused people are sleeping in TTC subways because they can't find a rental, and there are so many social ills I can't post because it's explicit.

If you're a father who has a good job abroad, and is considered middle class in your country, and you have daughters, DO NOT ruin your life by coming to Canada, because poverty can turn good people into desperate situations.

"Rent in Toronto is, on average, 31.5% lower than in Singapore."

The majority of locals here get subsidies and government housing, not to mention that many of the rentals are expat rentals which skew the average paid locally.

Singapore salaries are higher because we are one of the financial capitals in a tiny city-state. In Canada, the joke is that surgeons clean toilets in homes owned by blue collar workers with a primary school education.

It would be nice if you could provide an overall percentage for the cost of living i.e. 3.2%

@ Ash

There are theories that the Eglinton CrossTown Line 5 is deliberately being delayed, because 1) more money for contractors, and 2) they are waiting for the new residents to populate the condos under construction along Thorncliffe Park to Kennedy station.

In other words, poor and working class people who live in this area do not get any benefits from this subway extension. For the past 10 years, small businesses were forced to close, while condo developers are building a lot of luxurious condos.

Toronto is becoming a city of haves and have nots

Toronto is big city which is attracting a lot people, jobs, cultures and ... every day.
So, Toronto Urban area should become much bigger. It's land area is around 2,300 to 2,500 sqkm. But it should become much bigger (bigger than 5,000 sqkm) and its metro system's length should be at least 1,000 km.

Amnoteor below,

Toronto treats everyone who isn't rich as a number, a cog in a machine, and a modern day serf. People have a right to complain about the high rents, decline in real wages and unnatural population growth which is affecting the cost of shelter, food and services.

Last month (December 2023), Canada added 100 jobs to the economy, mainly part-time net of full time job losses.

This was during the busy holiday season. 100 part-time jobs added in an economy of 40 million.

100 new jobs. January 2024 job stats may be worse. Who wants to move to a recession economy, and pay $2,500 a month to rent an apartment when full-time jobs don't exist for new people?

Rent is too much. House prices are too much.

The wages are not able to pay for the rent and home prices, leading to many people sharing rooms in the Greater Toronto Area. It's a modern day slum.

In Canada now and plan to leave.

Can't get a job, found out my college here likely won't lead to permeant residency, like ever.

Tuition is coming up for January 2024 and I can't pay and it doesn't lead to a PR card anyway so there's no point. Was living in a tent but now it's -1 celcius and it's too cold for me to remain outside with January and February temperatures getting colder. Heading home back to India broke cold and tired.

If there's any advice I have for anyone it's don't move to Canada. It is a scam.

It may have been good 10 years ago but that ship has firmly sailed. It is now a neo feudal hellscape. There is 0 ability to get ahead after high cost of living quality of life is much better in India. You can actually get a job, it's warm, family is around, food is better, etc.

This is late stage capitalism.

The economy works for an increasingly small set of stakeholders while everyone else is merely an indentured serf, including newcomers.

You just exist to pay rent to those who already owned rental properties. It's a Ponzi Scheme- Canada is a Ponzi scheme.

This has to be a national crisis if foreign students are living in homeless encampments (tent cities) across Toronto.

Why do people even bother moving to Canada from their comfortable homes to live in tents down by the river in freezing cold?

@ anon below:

Tell that to both immigrants and Canadians who want to leave Canada because of high rents and stagnant wages due to a poor job market. You're probably that Canadian Landlord vulture who openly admitted that he and his landlord friends prey on virgin girls when they want to let a room in their rooming houses.

It’s a fair deal for new immigrants. Either you bring a couple million capital or labour in exchange for your right to live in this beautiful country. It happened in the past, now and in future.

I do not believe that Toronto will lead to a good life for newcomers because of lack of well paying jobs.

My concern is that Canadian employers do not consider decades of international work experience and an advanced university degree for a job. For someone in their 30s and 40s, moving to Canada and having to redo high school credits, undergrad and postgrad to meet Canadian experience requirements sound like a money pit.

This is because no good job will be guaranteed at that time, and by the time you finish your education you'll be 40s and 50s applying for jobs with 20 something young Canadians.

This leads to many educated newcomers doing menial jobs that are not within their field of profession. The jobs are not enough to afford rent based on affordability criteria.

@ anon below:

White feminism ruined that guy's life. The Karens living in houses and working in comfy government jobs cry that they are disadvantaged more than the unemployable brown guy with special needs that he cannot function more than being a sign holder.

The white woman is the DEVIL in Canada. Brown men are entering HELL if they decide to migrate to Canada.

Who in the hell would now want to immigrate to Canada? Outrageous housing costs, which consume most of your income. One has to work at least two to three jobs just to try to keep from completely drowning economically. A healthcare system which is on life support. It is next to impossible to get a doctor. Emergency waits times at hospitals can range from 4 to 24 hours. Traffic from hell in all the major cities .... particularly Toronto, Montreal and Vancouver. The crushing cost of living. A political leader who is a complete fool who has basically destroyed the country in just 8 years. As if all of this wasn't bad enough ...... 5 months of winter from hell. Living in Canada is now an extreme struggle in every way imaginable. One will always struggle. One will always work like a dog. Furthermore, one will very likely fall into extreme debt in Canada just to survive. One has to pay outrageous taxes on their income, leaving them with about 50% of what they actually earn after they have paid all the combined taxes on everything that they buy or services that they use. Forget about ever being able to save money. Incomes are about 35% less than in other advanced countries for the same skilled job. One will never own a home. One will never be able to start a family. One will always freeze in the winter. Life in Canada has become an absolute hell. The Canadian dream is as dead as dead can be. It is no longer a country where one can earn a decent living, own a home and live a good life. On top of all of this, it has an authoritarian government which keeps passing new laws to reduce free speech and civil rights.

Europeans, even Ukrainians have higher standards of living. They won't as easily allow themselves to live like simpleton Indians. Indians are perfectly okay living like cockroaches with 39 other people in one house.

We shouldn't be expected to live like an Indian simpleton.

I have full empathy for newcomers and students who are the most receiving end and have long term impact

In Toronto, Indian students can't even afford a room with roommates anymore, they rent time periods in beds. Say there's a room with 9 bunk beds in it, one of the beds is rented from 12 to 8 pm to one student, then from 8 pm to 4 am to another student, then from 4 am to 12 to another, and it's still so expensive.

Even minimum-salary jobs are hard to get, for every job open there are 150-200 students applying, and minimum salary jobs will NOT get you $4000 a months, you'll be lucky to make 1200 after tax and commute expenses. It's a desperate situation.

If you studied and graduated in your home country's university and have a stable job in the your home country why do you have to move to Canada.

No problem working abroad but to be immigrant to other countries like Canada must be a suicide mission, because you will be downgrading your career working menial jobs. Docs who conducted surgeries in the UK are driving beck taxi or working in warehouses as genera labor. Thats the situation. Overqualified immigrants doing dead-end jobs in Canada. No future.

You would've been better off in your home country. But now you're grinding away in Toronto paying most of your paycheque in rent for a single room. What a pity that you placed yourself in this dire predicament.

Toronto is False Advertising.

People need to realize that the Canadian government lies when they promise an easy life here. it’s unfair to immigrants to be deceived . they come here with good intentions and quickly realize it’s not what they were told.

Can you imagine leaving your comfortable middle class job in your home country to pack boxes in Toronto, and stuck with no savings because of low wages and high expenses?

If you're middle-aged (40 to 55), with decades of work experience, professional education and worldly...

You're gonna regret moving to Canada.

Do you like packing boxes, working on assembly lines and doing dead-end jobs for minimum wage with no chance to go up the social ladder? Then be my guest and live in Toronto working for a pittance compared to the sky high rents.

Canadian govt is a scam it is design to lure people to the country with a promise of a great life.

100% true, the country’s govt is design and set to milk people with their hard earn money and little to no opportunity to move up instead of getting stuck to working a lowly paying jobs on construction or cleaning houses and building to working in food industry waitering to butchering poultry animals.

Leave or stay out of the country as early as you can. I realized Canadians are very polite but not very nice they will hear you but will not listen and give you what you want. Canadians pander to Karens and Permit Pattys.

Business·Analysis
The bad economic times have only just started
Is Canada already in a recession? We should get a good indication this week

Peter Armstrong · CBC News · Posted: Sep 24, 2023 4:00 AM EDT | Last Updated: September 24

7088 comments
The Canadian economy is headed for a rough patch. Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high. But the pain households are feeling today is only going to get worse.

"The path forward looks bleak," Tiago Figueiredo, a macro strategy associate with Desjardins, said in a note.

For a while there, the economy proved more resilient than expected. The Bank of Canada's interest rate hikes piled up one after another. Even so, the jobs market boomed, GDP continued to expand.

But economic pain was inevitable. Soaring inflation has eroded purchasing power, and climbing interest rates have clobbered households. Now, cracks have begun to appear in the data, and economists expect those cracks to grow. GDP contracted in the second quarter of this year.

Next week, new data is expected to show economic growth flat-lined in July and perhaps contracted again in August. Some of that can be chalked up to specific factors, including labour actions like the port strike in B.C. or wildfires.

But before any of that, momentum was clearing being sapped out of the Canadian economy.

That would put Canada on track for two consecutive quarters of negative growth, which would meet the technical definition of a recession.

Frances Donald, the global chief economist and strategist at Manulife Investment Management, says we should spend less time debating what to call this downturn and focus more on how it will impact people.

"Even if there are technical factors that avert two quarters of negative GDP, this economy will feel like a recession to most Canadians, for the next year," she told CBC News.

Toronto is INFESTED with cockroaches, bedbugs, rodents and FEMENISTS!

"Canada already is the fastest-growing economy after the US in the G7 this year and will probably repeat that performance in 2024, according to economist forecasts compiled by Bloomberg. It will be No. 1 in 2025 with gross domestic product expanding 2.3%. Technology is driving much of the growth. "

https://www.washingtonpost.com/business/energy/2023/06/22/justin-trudeau-diversified-canada-s-economy-like-no-one-before/781d656e-10e6-11ee-8d22-5f65b2e2f6ad_story.html

Don't believe the naysayers. The Canadian economy is growing at a pace never seen before. The Trudeau government has put in many policies that make it easy to start a business and cut down on the amount of paperwork. Despite the high cost of living in Canada, the Trudeau government has taken steps to help struggling families. Toronto is one of the most affordable cities in North America. Settling in Canada is the best decision you can make.

Jake is lying guys.

Canada is hard for newcomers. It's great for the elites like Galen Weston, Ed Rogers, John Tory, Irving, Bronfman and Saputo. Those guys want more newcomers to become consumers.

Jake is being dishonest. Take his comment with a tiny grain of salt.

There is no future for young people in Canada.

I left Canada after a decade of underemployment. There is a stagnant job market with little growth and innovation, limiting the employment prospects of young people and immigrants. The cost of living has easily doubled in the last 10 years, with negative wage growth. Taxes continue to go up, like the carbon tax, which has contributed about 30 percent to the cost of living.

One cannot afford housing in a normal household unless one partner has a government job, or a position in one of Canada's Crown Corporations. The only way to get hired is to know someone on the inside, an aunt or uncle, or your parents who can get your hired. There is no relationship between skills and entry-level employment. If you are an immigrant, you can forget about working in a well-paying job with your foreign name. You will not even receive an interview.

I have so many things to write about this country, which is seriously mismanaged and mediocre. I advise young people to not move there. Consider United States or Europe, where housing is still affordable, taxes are lower, and food is of good quality. There are also a lot more opportunities these days in developing countries.

Good luck.

I regret moving to Toronto.

I had a government agency job, a house , a car and $9,000 USD in emergency savings.

I sold everything to move to Canada. No stable job. All savings exhausted.

My rent is over C$2,200 a month. I was laid off in the factory job. No job right now.

I wonder if jumping over the Don Valley overpass connecting Danforth and Broadview is the way out of this living hell.

Jobs are hard to find in Canada. Look at this long line:

https://www.reddit.com/r/CanadaHousing2/comments/164dmmr/look_at_all_those_jobs_canada_is_creating/

The government is deliberately increasing immigration to cause a job market crisis and a housing crisis, because they own rental properties to profit.

Trudeau was elected thanks to airheads, potheads and sheeple.
If that is the Canadian electorate, we do, indeed, deserve everything we get.

Canadians are BREAKING DOWN under Trudeau's cost of living crisis
youtube.com/watch?v=5zJRh7y4FDo

These are the top headlines in 24 hours:

1. Canada’s rental market facing ‘perfect storm’ as prices hit new high in July: report - National

2. Canada ‘absolutely’ can’t build more houses without more immigrants, minister says

3. Record levels of international students straining Canada's housing supply further

.........................................................

The elites want to bring in more consumers to increase stagnant GDP at any cost while productivity is either slowing or declining. This is a socio-economic disaster in the making.

Wherever Indians enter the job market, the standard of living declines for everybody. The reason is Indians are more likely to work for less pay. A report published by the International Labour Organization (ILO) reveals that Indians are amongst the most overworked and underpaid workers in the world. Struggling in Canada or Australia is much better than struggling in India. In the United States, educated professionals are jobless because Indian professionals take all jobs for less pay.

As no one else wishes to live in squalor, the vast majority of new arrivals hail from India. The Pajeets are accustomed to living in despair and poverty. Living in a basement with many other dudes sharing a bathroom, that's easy. Out of 10 Pajeets only 1 will be complaining about the state of Canada while the rest are dancing to bhangra music. I know this as I've lived around them. They are loud, rude and obnoxious.

Canada is importing boatloads of Pajeets and Langarjeets from India and every place these people go they destroy it. They do crimes, drugs, scams and all kinds of illegal activities you can think of. Why is Canada committing suicide by importing the worst of the worst?

Rent for a shared bed is about C$700 or more a month. Yes, a shared bed with a stranger inside a room with several other roommates. Toronto is that bad for a quality of life.

I am interest and help for this process
How can i apply this process?

I'm a Brazilian lawyer, have a pretty good life and all that, and I used to get "come live in canada" propaganda ALL THE TIME.

I mean, leave the tropical paradise where I live to go wash dishes in cold, dark Ottawa or Toronto just to pay rent? No thanks. I'll come as a tourist if you guys ever build something interesting, which is probably never.

Canadian rent is like a feudal system.

Small businesses are shutting down because the greedy investors who own rental properties want to charge more and more rent for doing nothing.

It's also unspoken that several rent earners are packed into a studio apartment in Toronto and they pool up the rent which cost way more than if the apartment was rented to a couple or traditional nuclear family.

Sheer wage serfs in Canada. Nothing justifies paying C$2,500 a month for a one-bedroom apartment in Scarborough, but I guess if 5 people pool $500 a month, then that downgrades the Canadian way of life.

But do people living in third world slums pay $500 a month to share a shed with several people? I thought that they lived on the land for free, so why are immigrants paying $500 a month to share a bachelor pad with several people?

Corporate REITs are now packing several families into 2 bedroom and 3 bedroom apartments and charging obscene rents because they can charge per person rather than for one person or family.

Residential landlords are packing dozens of international students in the basement and charging about $1,000 per head. Canada has changed for the worse.

Canada reached 40 million people a few weeks ago. The population currently sits at 40,120,000 people in a matter of weeks. This is a disaster. We don't have enough jobs and housing for the influx.