Will you still emigrate when the Canadian recession kicks in?
#1
Will you still emigrate when the Canadian recession kicks in?
As the title says, will all those looking to emigrate for more opportunities, etc etc etc, still leave a secure life, job, and family/friend support network when Canada falls into recession next year?
Mainly curious about those coming without work or on TWP's.
Are those already here looking for work or on TWP's nervous about job/financial security, especially after uprooting family to find the dream?
Mainly curious about those coming without work or on TWP's.
Are those already here looking for work or on TWP's nervous about job/financial security, especially after uprooting family to find the dream?
#2
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Joined: Jan 2006
Location: 42
Posts: 931
Re: Will you still emigrate when the Canadian recession kicks in?
You speak like you have a crystal ball.
Surely nothing’s guaranteed until it happens, or has the Canadian government predicted this publicly?
Sometimes I think the media fuels things like this looking for a headline. Headlines will claim grim times ahead on the most speculative lines, and this snowballs until it hits consumer confidence, and that in turn hits market confidence etc…
Surely nothing’s guaranteed until it happens, or has the Canadian government predicted this publicly?
Sometimes I think the media fuels things like this looking for a headline. Headlines will claim grim times ahead on the most speculative lines, and this snowballs until it hits consumer confidence, and that in turn hits market confidence etc…
#3
Re: Will you still emigrate when the Canadian recession kicks in?
Great topic! It depends entirely on where you're emigrating to province-wise, and what field of work you're in, and of course luck to some extent. I'm moving to Alberta in 2 years, and their 2008/9 recession hit pretty hard but the AB economy has now returned to near pre-recession levels. In any case, it seems the further away you are from the Eurozone when it implodes, the better...!
#4
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Joined: Jan 2006
Location: 42
Posts: 931
Re: Will you still emigrate when the Canadian recession kicks in?
This is an interesting interview. Like the presenter says; I have to admire his honesty.
http://www.bbc.co.uk/news/business-15059135
http://www.bbc.co.uk/news/business-15059135
#5
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Joined: Oct 2002
Location: Ottawa, Canada
Posts: 556
Re: Will you still emigrate when the Canadian recession kicks in?
As the title says, will all those looking to emigrate for more opportunities, etc etc etc, still leave a secure life, job, and family/friend support network when Canada falls into recession next year?
Mainly curious about those coming without work or on TWP's.
Are those already here looking for work or on TWP's nervous about job/financial security, especially after uprooting family to find the dream?
Mainly curious about those coming without work or on TWP's.
Are those already here looking for work or on TWP's nervous about job/financial security, especially after uprooting family to find the dream?
#6
Re: Will you still emigrate when the Canadian recession kicks in?
Wouldn't it be best to emigrate to Canada when it's in recession and the UK is not? Finding a job in Canada at such a time might be difficult but a recession driving down the price of houses in Canada would be similar to a boom driving up house prices in the UK in that the relative advantage of moving would again be great.
#7
Part Time Poster
Joined: Jan 2004
Location: Worcestershire
Posts: 4,219
Re: Will you still emigrate when the Canadian recession kicks in?
Great topic! It depends entirely on where you're emigrating to province-wise, and what field of work you're in, and of course luck to some extent. I'm moving to Alberta in 2 years, and their 2008/9 recession hit pretty hard but the AB economy has now returned to near pre-recession levels. In any case, it seems the further away you are from the Eurozone when it implodes, the better...!
Industry goes down, less fuel required, Albertas only key industry closes up, shuts down projects, and slow production!
Soon as the world start turning again demand for fuel goes up and the industry opens up again
#8
Every day's a school day
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Re: Will you still emigrate when the Canadian recession kicks in?
Great topic! It depends entirely on where you're emigrating to province-wise, and what field of work you're in, and of course luck to some extent. I'm moving to Alberta in 2 years, and their 2008/9 recession hit pretty hard but the AB economy has now returned to near pre-recession levels. In any case, it seems the further away you are from the Eurozone when it implodes, the better...!
#9
Re: Will you still emigrate when the Canadian recession kicks in?
What baffles me about the oil industry is that wouldn't a downturn be the perfect time to spend on some of those capital projects? Greater availability of labour, contractors etc, so reduced costs. In sensible measure this would seem to be the way to go, but as you say it's all boom or bust in that business.
#10
Re: Will you still emigrate when the Canadian recession kicks in?
What baffles me about the oil industry is that wouldn't a downturn be the perfect time to spend on some of those capital projects? Greater availability of labour, contractors etc, so reduced costs. In sensible measure this would seem to be the way to go, but as you say it's all boom or bust in that business.
#11
Every day's a school day
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Re: Will you still emigrate when the Canadian recession kicks in?
What baffles me about the oil industry is that wouldn't a downturn be the perfect time to spend on some of those capital projects? Greater availability of labour, contractors etc, so reduced costs. In sensible measure this would seem to be the way to go, but as you say it's all boom or bust in that business.
#13
Re: Will you still emigrate when the Canadian recession kicks in?
We are coming over on a twp in dec and yes we are concerned but we are still doing it. As long as dh still has his job on the table, even if his wages are frozen, we will still be better off financially! In the uk in the last year he has lost over £100 a WEEK! he is doing the same hours, but the company have cut hourly rate, cut travelling time (80t crane limited to 35mph, it takes him an age to get to the job!) changed working practices to cut their pension liability and even make them bring their own coffee! (silly little thing but it irks!) losing over £5k a year thru no fault of his own sucks. And he is one of the lucky ones who still has his job.
There may well be costs in Canada that we haven't considered, but we think it will be worth the £15k it is costing to get us, the dog, and a container full of our worldly goods.
Rose coloured glasses, maybe, but they were only £40 from tescos
There may well be costs in Canada that we haven't considered, but we think it will be worth the £15k it is costing to get us, the dog, and a container full of our worldly goods.
Rose coloured glasses, maybe, but they were only £40 from tescos
#14
Re: Will you still emigrate when the Canadian recession kicks in?
Great topic! It depends entirely on where you're emigrating to province-wise, and what field of work you're in, and of course luck to some extent. I'm moving to Alberta in 2 years, and their 2008/9 recession hit pretty hard but the AB economy has now returned to near pre-recession levels. In any case, it seems the further away you are from the Eurozone when it implodes, the better...!
Houses are cheaper than tax levels as well, ours was recently valued and one realtor came in at $20k than the city's tax level, not too happy about that The next couple we had round came in the same as the city, the city is usually 10-20K lower than the market.
There is a little more money around in the oil filed areas as more toys are about, but pre-recession, no way IMHO.