moo

Noticed a huge trend of young Canadians leaving Canada for better opportunities /housing in the US

A lot of young Canadian professionals in tech and health healthcare are moving to the states cause wages are too low in ontario compared to the cost of living.In the united states you can make double the wage of someone in Ontario in tech or healthcare. In additional, housing (depending on the state) is cheaper.My friends and I are in the process and moving out of Canada to the united states for higher wage jobs and better housing. We have noticed a huge wave of young Canadian professionals are moving as well.One recruiter told me she transferred 40 doctors and 60 software developers out of Canada to work higher wage jobs in the United States.This will be an issue for the Canadian government as they will lose a lot of tax revenue and they deserve it as well. The governments has had terrible zoning policies for housing and a lack attention towards young Canadians.The boomer generation will need young Canadians to foot the bill for their OAS and GIS and right now they are leaving for better opportunities outside of Canada.Have you noticed this Trend as well and am I missing anything on this trend I have noticed? via /r/PersonalFinanceCanada https://ift.tt/3l9capV

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