Go Back  British Expats > Living & Moving Abroad > Canada
Reload this Page >

Are Salaries Low in Canada ?

Wikiposts

Are Salaries Low in Canada ?

Thread Tools
 
Old Nov 9th 2009 | 3:48 am
  #1  
Thread Starter
Banned
 
Joined: May 2009
Posts: 142
Koolio has a spectacular aura aboutKoolio has a spectacular aura aboutKoolio has a spectacular aura about
Default Are Salaries Low in Canada ?

Does the Canadian Job Market pay lower salaries to Finance Professionals than the UK ?

Everyone keeps saying that in Canada the pay is very low compared to the UK ? is that true ? because if so then I can take canada off my radar for future immigration.

I pay over 15K in Taxes here in the UK, and its now high time to consider other viable options.

What about British qualifications and work experience ? are they recognised in Canada ?

Is it a likelyhood if relocation, that I would have to consider a junior role in the industry that I work in ?

my profession is that of a Senior Financial Analyst.
 
Old Nov 9th 2009 | 3:53 am
  #2  
 
Joined: Sep 2008
Posts: 12,830
Aviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Koolio
Does the Canadian Job Market pay lower salaries to Finance Professionals than the UK ?

Everyone keeps saying that in Canada the pay is very low compared to the UK ? is that true ? because if so then I can take canada off my radar for future immigration.

I pay over 15K in Taxes here in the UK, and its now high time to consider other viable options.

What about British qualifications and work experience ? are they recognised in Canada ?

Is it a likelyhood if relocation, that I would have to consider a junior role in the industry that I work in ?

my profession is that of a Senior Financial Analyst.
If you want to pick up where you left off in the UK, I'd forget about coming to Canada.
 
Old Nov 9th 2009 | 4:04 am
  #3  
dbd33's Avatar
Assimilated Pauper
 
Joined: Mar 2005
Posts: 40,070
From: Ontario
dbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Koolio
I pay over 15K in Taxes here in the UK, and its now high time to consider other viable options.

On the same income you would pay about the same tax in Canada. A low salary would help you avoid that.
 
Old Nov 9th 2009 | 4:05 am
  #4  
 
Joined: Sep 2008
Posts: 12,830
Aviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by dbd33
On the same income you would pay about the same tax in Canada. A low salary would help you avoid that.
As would volunteer work or large charitable donations.
 
Old Nov 9th 2009 | 6:07 am
  #5  
Almost Canadian's Avatar
Lost in BE Cyberspace
 
Joined: Aug 2005
Posts: 13,402
From: South of Calgary
Almost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Koolio
I pay over 15K in Taxes here in the UK, and its now high time to consider other viable options.
Is that a large amount in the UK?

I can't honestly remember what I paid when I was there.
 
Old Nov 9th 2009 | 6:13 am
  #6  
 
Joined: Aug 2005
Posts: 14,227
Alan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Almost Canadian
Is that a large amount in the UK?

I can't honestly remember what I paid when I was there.
I'm going to guess that it's around 50k GBP. So $90k would be close, decent, but not enough to live a super rich lifestyle or anything.
 
Old Nov 9th 2009 | 6:18 am
  #7  
Almost Canadian's Avatar
Lost in BE Cyberspace
 
Joined: Aug 2005
Posts: 13,402
From: South of Calgary
Almost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Alan2005
I'm going to guess that it's around 50k GBP. So $90k would be close, decent, but not enough to live a super rich lifestyle or anything.

Oh OK, I thought s/he was bragging - guess not
 
Old Nov 9th 2009 | 6:21 am
  #8  
Jingsamichty's Avatar
Lowering the tone
 
Joined: Mar 2007
Posts: 8,154
From: Here and there
Jingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Koolio
Does the Canadian Job Market pay lower salaries to Finance Professionals than the UK ?

Everyone keeps saying that in Canada the pay is very low compared to the UK ? is that true ? because if so then I can take canada off my radar for future immigration.

I pay over 15K in Taxes here in the UK, and its now high time to consider other viable options.

What about British qualifications and work experience ? are they recognised in Canada ?

Is it a likelyhood if relocation, that I would have to consider a junior role in the industry that I work in ?
my profession is that of a Senior Financial Analyst.
What is the industry that you work in, or is analysing finance seniorly an industry in itself?

I must say, for a financial professional, you've worded your query very strangely.
 
Old Nov 9th 2009 | 6:39 am
  #9  
 
Joined: Aug 2005
Posts: 14,227
Alan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Almost Canadian
Oh OK, I thought s/he was bragging - guess not
Bragging about salaries on the internet is pointless. Internet $$ are even more printable than real ones. Look I earn $100,000,000 p.a.
 
Old Nov 9th 2009 | 6:48 am
  #10  
Novocastrian's Avatar
Born again atheist
 
Joined: Jul 2005
Posts: 30,259
From: Europe (to be specified).
Novocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Alan2005
Bragging about salaries on the internet is pointless. Internet $$ are even more printable than real ones. Look I earn $100,000,000 p.a.
Phwoar! You must pay a whack of tax. p.a. = per assassination?
 
Old Nov 9th 2009 | 6:52 am
  #11  
 
Joined: Aug 2005
Posts: 14,227
Alan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond reputeAlan2005 has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Novocastrian
Phwoar! You must pay a whack of tax. p.a. = per assassination?
per annoyance
 
Old Nov 9th 2009 | 6:57 am
  #12  
Jingsamichty's Avatar
Lowering the tone
 
Joined: Mar 2007
Posts: 8,154
From: Here and there
Jingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond reputeJingsamichty has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

Originally Posted by Alan2005
Bragging about salaries on the internet is pointless. Internet $$ are even more printable than real ones. Look I earn $100,000,000 p.a.
$100,000.000 internet dollars p.a. is nothing. My p.a. earns more than that per diem. And she doesn't pay any tax on it per se. As a result, there's too much money to fit in her pur se.
 
Old Nov 9th 2009 | 9:08 am
  #13  
Thread Starter
Banned
 
Joined: May 2009
Posts: 142
Koolio has a spectacular aura aboutKoolio has a spectacular aura aboutKoolio has a spectacular aura about
Default Re: Are Salaries Low in Canada ?

Originally Posted by Jingsamichty
What is the industry that you work in, or is analysing finance seniorly an industry in itself?

I must say, for a financial professional, you've worded your query very strangely.
Investment Management is the sector I work in.
 
Old Nov 9th 2009 | 9:13 am
  #14  
Thread Starter
Banned
 
Joined: May 2009
Posts: 142
Koolio has a spectacular aura aboutKoolio has a spectacular aura aboutKoolio has a spectacular aura about
Default Re: Are Salaries Low in Canada ?

Originally Posted by Alan2005
Bragging about salaries on the internet is pointless. Internet $$ are even more printable than real ones. Look I earn $100,000,000 p.a.

sorry bud not bragging about high Salaries. Just pay a very high rate of tax: 15K, not to mention the tax on the bonuses want to evaluate if I can channelise my work ethic elsewhere in a different economy and have higher net savings.

Anyone can pickup a high salary from the job market if there professional in there trade with good years of exp, but when you get hit by higher tax bands, then the truth hurts.
 
Old Nov 9th 2009 | 9:16 am
  #15  
 
Joined: Sep 2008
Posts: 12,830
Aviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond repute
Default Re: Are Salaries Low in Canada ?

2009 BC tax bands

http://www.taxtips.ca/taxrates/bc.htm

However if you are an analyst, could you not have analysed the salary scales and tax bands yourself? Perhaps through international contacts in the investment market.

Last edited by Aviator; Nov 9th 2009 at 9:18 am.
 


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.