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Toronto trumps Vancouver as country's most expensive city
07-13-2011, 02:40 AM #1
Ghostie Member
Posts:1,074 Threads:212 Joined:Mar 2011
oronto has topped Vancouver to become most expensive city in the country to live in.

Toronto surpassed pricey Vancouver due to its relatively high rental accommodation costs, Mercer’s global cost-of-living survey, to be released Tuesday, shows. Canada’s largest city moved up to 59th spot worldwide from the 76th position last year.

Vancouver climbed to 65th place from 75th last year, and is followed by Montreal and Calgary. Ottawa is the least expensive Canadian city in the rankings.

Canada as a whole is becoming more expensive relative to other cities because of the strength of the Canadian dollar, it says.

The survey covers 214 cities in five continents and tracks the cost of 200 items in each place including housing, transport, food, clothing and entertainment. Mercer calls it the world’s most comprehensive cost-of-living survey, which is designed to help multinationals plan compensation allowances for their expatriate staff.

This year’s survey comes as “the world witnessed an incredible number of natural disasters and political upheavals that have all affected the lives of expatriate employees to some extent,” said Nathalie Constantin-Métral, Mercer’s senior researcher who compiled the ranking.

Currency fluctuations and the impact of inflation on goods and services -- gas prices in particular -- sparked shuffling on the list, she said.

Luanda, Angola is the world’s most expensive city due to its record high accommodation prices, followed by Tokyo, N’Djamena, Chad, Moscow and Geneva. The least expensive city in the world to live in, for the second year running, is Karachi, Pakistan.

Brazil has galloped up the rankings, and the country’s major cities are now among the world’s most expensive.

Sao Paulo has the 10th-highest cost of living on the planet, zooming up from 21st place last year, according to Mercer’s annual survey. Rio de Janeiro leapt to 12th spot from 29th place in 2010.

The two South American cities are now more expensive to live in than Oslo, London or Seoul, as inflation has ballooned and its currency, the real, strengthened. Read more here Linky
07-13-2011, 12:49 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,286 Threads:1,438 Joined:Feb 2011
From what I understand, the housing bubble that busted in the US has yet to occur in Canada. Good time to sell the house and turn the cash into gold.

wonder.gif
07-13-2011, 02:50 PM #3
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
You're right JR, in Vancouver the average price of a detached bungalow reached a million just a few months ago. Strong dollar my ass, the banks are handing out debt like popcorn.
07-13-2011, 03:22 PM #4
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
Helsinki is the 14th most expensive in the world vic.gif At least we're not there hi5.gif
07-14-2011, 11:02 AM #5
Ghostie Member
Posts:1,074 Threads:212 Joined:Mar 2011
(07-13-2011, 12:49 PM)JayRodney Wrote:  From what I understand, the housing bubble that busted in the US has yet to occur in Canada. Good time to sell the house and turn the cash into gold.
only one problem, people here are trying to survive with high taxes(thanks to the liberal ass hole government here in ontario who hit us with yet another tax the hst which now makes eveything taxed at 13%so not many people are buying homes cause now there is an added 13% tax o ntop of the price of a home [/u]and food/fuel and everything else here in ontario we're txed to death a 2 liter jug of milk is 4$5 AND A LOAF OF BREAD IS $3.50OLUS 13%Taxgaah.gif this is why hate the liberals, all thgey do is tax! they're going to lose the next provincial election and they know it lot's of people are saying they bwill never be in power again cause all their good for is wasting money and raising taxes13.gif13.gif they're the reason a pack of smokes cost$12 those fuckers just tax and nothing more a case of 12 beer is c$20 and a 24 is double so people can't buy homes cause of the tax.. I might move out of ontario cause of the taxes a liter of gas is $140 and there has been an increase on fuel thefts at gas stations cause people can't afford to drive to work the liberals are nothing more than a bunch of fat taxing pigs imo

[u]
07-14-2011, 12:02 PM #6
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
I had to convert our gas prices into Canadian $ just for comparison. Our cheapest gas sells for an average of c$2.14 PER LITER!!! gaah.gif A case of 24 beers can still be had for c$25 though :whew:
07-14-2011, 02:35 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,286 Threads:1,438 Joined:Feb 2011
You're correct GH, tax and spend is no way to run a government. In the States the Neocons did it as big and bad as the so called Obama "bleeding heart" liberals, obviously there can be nothing but a charade democracy when both sides do exactly the same thing in the end. Sure, they play tug of war pretenzies in public like each side is going to accomplish wonders for the people, but in the end the song remains the same.

At least there are more real party differences in Canada.

for the moment.

wonder.gif
07-14-2011, 03:06 PM #8
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Stephen harper implemented the HST, Ontario's liberals went along with it just as BC's 'liberals' went along with it. I say they're two faces of the same coin. Conservatives are better at taking it and liberals better at spending it.
07-14-2011, 03:52 PM #9
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,286 Threads:1,438 Joined:Feb 2011
(07-14-2011, 03:06 PM)Shadow Wrote:  Stephen harper implemented the HST, Ontario's liberals went along with it just as BC's 'liberals' went along with it. I say they're two faces of the same coin. Conservatives are better at taking it and liberals better at spending it.

37.gif The grass looks greener on the other side of the fence I guess. A credit to media spin.

wonder.gif
07-14-2011, 03:55 PM #10
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(07-14-2011, 03:52 PM)JayRodney Wrote:  A credit to media spin.

Rather amazing isn't it?
07-14-2011, 04:03 PM #11
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,286 Threads:1,438 Joined:Feb 2011
damned.gif Not the first time I've plead ignorance due to the fact I live far from the real source. Most everything we hear and read indicates Canada has a healthy political rivalry. >Yes it's rather amazing wtf2.gif

wonder.gif
07-15-2011, 04:50 AM #12
Ghostie Member
Posts:1,074 Threads:212 Joined:Mar 2011
(07-14-2011, 03:52 PM)JayRodney Wrote:  
(07-14-2011, 03:06 PM)Shadow Wrote:  Stephen harper implemented the HST, Ontario's liberals went along with it just as BC's 'liberals' went along with it. I say they're two faces of the same coin. Conservatives are better at taking it and liberals better at spending it.

37.gif The grass looks greener on the other side of the fence I guess. A credit to media spin.
I had a feeling you'd post a pro liberal replyand here you are the ontario liberal bullshitting party implemented a secret deal with the federal gov't that thehst cannot be overturned for five years nice of them eh , so shadow i nguess you support high taxes and a party that waste money and bleeds it's people dry Harper didn't implement the hst the liberals did! all they're good for is raising taxes and wasting money remember ignatiff? he wanted to raisethe gst that tax is only there to pay our national debt but the liberals want to spend the money on crap as usual Harper has never raised taxes but the liberals in ontario have when harper lowered the gst the liberals were the first to raise taxes and bring in the hst Harper has kept Canada strong and free from finacial problems like other countries are having question is would the liberals have done the same? probably not Ifor one support our Prime minister and just [b]happy we have 4 more years of a majority P/Cgovernment With Harper in control [/b]Canada is stronger rand betteryay.gif

İmage


07-15-2011, 01:42 PM #13
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
He's one of them 'Professional politicians' damned.gif
07-15-2011, 03:45 PM #14
Ghostie Member
Posts:1,074 Threads:212 Joined:Mar 2011
(07-15-2011, 01:42 PM)Octo Wrote:  He's one of them 'Professional politicians' damned.gif
he ischeers.gif

07-15-2011, 03:51 PM #15
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011


İmage




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