In the previous article, the author talked with you a series of issues about the economic development of various countries, such as Germany, South Korea, Japan, etc. Today, let’s talk about Canada. Many people may be unfamiliar with this country. In fact, Canada is a developed country with a standard population of more than 38 million, and the total amount of GDP is higher than that of Guangdong and Jiangsu provinces in my country. So, for ordinary Canadians, how much does a monthly salary cost? Today, let’s talk about this issue.
First of all, let’s talk about the specific situation in Canada. Canada belongs to North American countries. In terms of territory, Canada is a big country with a vast territory. Canada has a land area of 9.98 million square kilometers, second only to Russia and ranks second in the world. However, Canada's total population is only more than 38.1 million, and it is not dense and belongs to a country with a large and sparse population. In terms of total population, Canada's total population is basically the same as that of Shaanxi Province and Guizhou Province in my country.
Canada has very rich mineral resources, such as cadmium, cobalt, diamonds, gemstones, gold, graphite, indium, nickel, niobium, platinum and other mineral resources have very high reserves. At the same time, Canada's agriculture is very developed, and the export volume of wheat, soybeans, corn and other crops has long been among the top in the world. In terms of economic total , Canada is a developed country. In 2021, Canada's total GDP was US$2.02 trillion, equivalent to about RMB 1.407 billion, ranking 9th in the world, higher than South Korea, Russia and other countries.
Because Canada has a relatively small population, the per capita GDP level of is very high. At present, Canada's per capita GDP is US$52,800, which is significantly higher than that of countries such as Japan, South Korea, the United Kingdom, and the same as Germany's per capita economic level. So, what level are the benchmarks between various provinces in our country? In 2021, the total GDP of Guangdong Province in my country was 12.4 trillion yuan, and the total GDP of Jiangsu Province was 11.6 trillion yuan. Canada's total GDP is significantly higher than that of Guangdong and Jiangsu Provinces.
Next, let’s talk about the history of Canada. In Canada, the Aboriginal people once nurtured a brilliant civilization. In the late 15th century, Western countries entered the major navigation era, and successively discovered Australia, South America, North America and other places. According to the consistent tradition of Western powers, various colonies were established one after another. Among them, Britain and France both participated in the vast Canada. On the one hand, they expanded their sphere of influence, and on the other hand, they "cleaned up" local indigenous people, causing a sharp decline in the number of indigenous people.
In the end, Britain defeated France and controlled all over Canada. In the British colonial system, Canada became part of the Sun-Down Empire. In 1914, World War I broke out, and during the war, Britain was severely damaged. In 1926, Canada became independent and became part of the Commonwealth. However, Canada was not completely independent at this time. Because in many ways, it is still controlled by the UK. It has to be said that Britain's level is "perfect."
During World War II , Canada sent troops from all over the world to reinforce the sect leader. After in World War II, the United States and the Soviet Union entered the tense Cold War stage. Faced with the powerful Soviet Union, the United States formed a Western camp and fought against the Eastern camp led by the Soviet Union for a long time. During the third scientific and technological revolution of , Canada's economy continued to develop and had strong strength in many aspects. It was not until 1982 that Canada completely broke away from British control.
As a developed country, Canada has strong competitiveness in chemistry, bioengineering, , aerospace, automobile manufacturing, etc. Let's get back to the point and talk about the salary situation in Canada. In April 2022, Canada implemented the latest minimum wage standard. Canada, like the Western European countries, adopts the hourly minimum wage standard. Currently, Canada's minimum wage standard is 15.5 Canadian dollars, equivalent to about 82.2 yuan.
works 7 hours a day, 22 days a month, and the monthly minimum wage is 2387 Canadian dollars, which is approximately 12,600 yuan. The premise is that you can work 7 hours a day and 22 days a month.Please note that Canada has a total of 10 provinces and 3 regions, and the economic development levels vary from place to place. Therefore, the minimum wage standard in economically developed regions can be higher than the national standard.
2020, according to statistics from the Canadian labor department, the national average annual salary is 513,000 Canadian dollars. On average, by 12 months, it is 4,275 Canadian dollars per month, which is approximately 23,200 yuan. However, this is the pre-tax wage data. The actual income after tax is only about 3,500 Canadian dollars. The wage levels in various cities and industries in Canada are not evenly balanced. For ordinary Canadians, the monthly salary is basically between 3,000 and 5,000 Canadian dollars, and 5,000 Canadian dollars (26,500 RMB) is basically the ceiling.
Of course, Canadian lawyers, doctors, financial analysts, , tax accountants, university doctors, and middle-aged white-collar workers have significantly exceeded 5,000 Canadian dollars. The author has checked the treatment of some Canadian companies in recruiting middle-level managers and high-tech talents, and basically starts at $7,000 per month. As for the high-income group in Canada, the monthly income may not be achieved by ordinary people in one year.
Finally, let’s talk about housing prices in Canada. It has to be said that the housing prices in Canada are not cheap. Take 4 cities including Vancouver , Victoria, Toronto , and Ottawa as examples. Vancouver has the highest house price, with the average selling price of each house costing $1.33 million, or about RMB 7.05 million. House prices in Toronto are slightly lower than Vancouver, with an average price of more than CAD$1.2 million per house, which is approximately 6.4 million yuan.
Houses in the port city of Victoria are also not low, with the average price of each house being more than 970,000 Canadian dollars, about 5.2 million yuan. On the contrary, the housing prices in the capital Ottawa are relatively low. The average price of each house in Ottawa is more than 710,000 Canadian dollars, which is about 3.8 million yuan.
There are many more stories about wage standards and economic development in countries around the world. The author will slowly chat with you in future articles.
