Wednesday, May 5, 2010

Canada, Toronto Cost of Living April 2010

Country Full Name: Canada.

Location: Canada is in Northern North America, bordering the North Atlantic Ocean on the east, North Pacific Ocean on the west, and the Arctic Ocean on the north, north of the USA.

Country Climate: Varies from temperate in south to subarctic and arctic in north.

Country Terrain: Mostly plains with mountains in west and lowlands in southeast.

Major Languages: English, French (both official).

Major Religions: Christianity.

Country Population: 33.3 million (2008 est.) 33.6 million (2009 est.).

Country Economy: The economy of Canada is one of the world's wealthiest, with a high per-capita income, and it is a member of the Organisation for Economic Co-operation and Development (OECD) and the G8. It is one of the world's top ten trading nations.

Currency: Canadian Dollar (CAD).

Country Inflation: 2.4% (2008 est.) 0.15% (2009 est.).

City: Toronto is the most populous city in Canada and the provincial capital of Ontario.

City Economy: Toronto is a major international centre for business and finance. Generally considered the financial capital of Canada, Toronto has a high concentration of banks and brokerage firms. The Toronto Stock Exchange is one of the world's largest. All of the Big Five banks of Canada are headquartered in Toronto, as are a majority of Canada's corporations.
Cost of Living: Toronto has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Toronto is currently ranked 57 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Canada, Toronto