Fun fact: Not a single person in this video can probably afford to buy a house in Toronto with their level of income alone!

@FineNaturalHairROCKS

Жыл бұрын

Truth !

@FineNaturalHairROCKS

Жыл бұрын

@@user-de1uy4mq3y All facts!

@notjohnAtall

Жыл бұрын

​@@user-de1uy4mq3yI make 300k in Vancouver, can't get anything reasonable within 1hr drive of Vancouver

@VSpecials

Жыл бұрын

thats what I was seeing, damn.

@walterjurewicz1567

Жыл бұрын

I make 120k and can't afford Toronto so I moved 1 hour north.

Wages are so ridiculously low in Toronto vs. the high costs of living. I was making abysmal amount 20+ years ago just as most of these interviewees in 2023, meaning salaries have fallen far behind inflation. I moved to the US for much better pay and opportunity. Best decision ever!

@asadb1990

Жыл бұрын

Their wages are low because most of them have been at the same company and keep getting promotions with minimal raises. If they switch jobs every 2-3 years, they would be much better off.

@trainerzard7

Жыл бұрын

wait. Where in the US?

@asadb1990

Жыл бұрын

@trainerzard7 most of the big cities in usa are always hiring. But the trick is to find an employer that is in a relatively low cost of living city.

@CatherineSui-Miller

Жыл бұрын

@@asadb1990 I don’t necessarily agree with your POV on switching jobs every 2-3 short years for salary increase. It reflects poorly on your portfolio as employers see you as an opportunist and/ or inept.

@CatherineSui-Miller

Жыл бұрын

@@trainerzard7 California.

GREAT VIDEO, The truth is that everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.

@Blitcliffe

Жыл бұрын

Investment is a fabulous way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky. For this reason, I suggest consulting experts for advice (financial advisors). The difficulty lies in effectively employing it, not just watching videos and reading investing books.

@Sopknapp

Жыл бұрын

@@Blitcliffe Sincerely, I'm moved by what you said. I have a sizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.

@jose2212-

Жыл бұрын

@@Blitcliffe Please let me know how to contact your financial planner.

@Blitcliffe

Жыл бұрын

@@jose2212- Sure, my advisor is Mariam Sandra Milner. In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. She has years of financial market experience plus she is also FINRA & SEC verifiable.

all sales guys are literally the exact same person i swear

@ecorevurbanfarms5366

Жыл бұрын

Was gonna say the same thing, dress similar, similar character and attitude.. but often lacking in real substance!

@bajcar

Жыл бұрын

It's called sociopathy 😅

@JJs_playground

Жыл бұрын

Agreed. I think it's the type of personality that attracts them to sales.

@saacid1645

Жыл бұрын

They’re NPC’s

@bigshitter9872

Жыл бұрын

Clones

At least around 60% of your income goes to housing and taxes. The guy is making $110K. Now take out 30% for taxes which leaves you with $77K on hand. You are lucky and got 2 bedrooms for $2700. That leaves you with $45K. Basic math $110K-$45K=$65K, so $65K/$110K=59%. Now take out another $2K monthly for other expenses like groceries, insurance, phone, etc. You are left only with $6K or $500 dollar/month. In other words in Toronto by making $110K you still live paycheque to paycheque. Government should reduce taxes or make housing affordable for people. You can't eat and have cake at the same time. You can't tax people to death and make real estate unaffordable at the same time. If you can't provide affordable housing then reduce your taxes plain simple.

@FlyingElbow

Жыл бұрын

Real-estate zoning and regulations put a chokehold on new developments. The government need to get out of the way and let developers build. Deregulation is key to increasing the supply of housing, hence decreasing the price.

@InstantLuc

10 ай бұрын

Here's the tough part. Which parts of the population make that much? Mostly people from already upper middle class or wealthy families or very experienced skilled immigrants. Someone who just moved their family to Canada or someone who's a local that grew up poor (me!) will hit $110k and have a lot different expenses than someone who was born upper middle class. Something as simple as not having a parent to be added to their car insurance really sets you back. Someone making $70'00 who's not stressed out and living in a condo their parents own is far financially better off than an immigrant or someone who grew up poor making $100k. It's just not worth it.

The fact that the doctor says don't be a doctor is quite sad and they say our healthcare is so great!

@sizzlacalunji

Жыл бұрын

She is a junior doctor or in training. Her salary will change to like $250k once here residency is completed or even more if she goes out of province. If would be great to see if she says the same then.

Жыл бұрын

@@sizzlacalunji She clearly knows this fully already and it's taken into account into her answer... She wasn't complaining about the salarial perspectives, but mostly about how the health system works in Canada.

@sizzlacalunji

Жыл бұрын

⁠​⁠@that’s the thing, she never actually gave a reason why. Any reason given by us why she said so is speculation. I am simply questioning when she is full salary would she say the same? She should have given reason vs repeating do don’t do it, find something else.

@MrMannyhw

Жыл бұрын

Na Junior doctor is crap. She won’t say that when she become a senior

@MrMannyhw

Жыл бұрын

@@sizzlacalunjiwant to have less competition

60k Canadian is 45k in USD, those salaries are pretty low compared to the States!

@EK6O3O

Жыл бұрын

if you convert it yes we're paid less but the buying power and cost of living is comparable to America. Was surprised in my recent trip to Boston how many grocery items were numerically the same as in Canada. Example, saw a drink where it was $5 USD, but is $5CDN here. So you only really benefit if you're paid in USD and live in Canada

@vhateverlie

Жыл бұрын

​@@EK6O3Oyou left out the 30-40% tax Canadians pay on their income that Americans don't have to deal with.

@EK6O3O

Жыл бұрын

@@vhateverlie we got our high taxes but the US has its own ways to drain money from its citizens

@tabernathy0428

Жыл бұрын

​@@EK6O3Onaw the average American household has 17k more annually in purchasing power when adjusted for cost of living.

@jakeb1381

Жыл бұрын

@@vhateverlie people living in some states in the US pay more tax than Canadians actually (i.e California, Hawaii, New Jersey, Oregon, and Minnesota)

The salaries... Then the politicians wonder why it's tough to keep talent in the country.

@robbarber7253

Жыл бұрын

Unfortunately people are so indoctrinated by socialism here in Canada they don't understand this concept

Compared to how much we pay for housing, our salaries are shit.

@wesbrown738

Жыл бұрын

Yup

@sharinglungs3226

Жыл бұрын

And it’s going to get worse with the way federal Liberals are importing far too many people which drives up demand for housing and suppresses wages further. Don’t vote for Liberals next election if you ever want to buy a home or see an increase in your wages.

I do not blame the resident doctor. It is a stressful job especially at the moment and the situation of our healthcare system here in Canada. People waiting for 12 hours just to be seen by a doctor is kinda heartbreaking

@jimmyzhao2673

Жыл бұрын

How long as a resident doctor before she starts making decent money ? $60K is *way too low*

@FineNaturalHairROCKS

Жыл бұрын

@@jimmyzhao2673 It is!!! That pay is absolutely ridiculous for the long hours and the hard work that she does. Canada needs to do better. We should cut back the political salaries and increase our healthcare workers salaries. Put the money where the priority is!

@zabmcauley5647

Жыл бұрын

​@@jimmyzhao2673Better wages start when residency is over, and depends on specialty. It's also not that much and so many doctors start with crippling debt they struggle to pay off.

@regortex3364

Жыл бұрын

Bartender makes 80-100k, yeah sure bud.

@zbridgjpxupzm

Жыл бұрын

Looks like she is a crack head doctor and her office is under the bridge LMAO

I used to live in Toronto for 6 years, then moved to 🇺🇸. Salaries are higher and houses are way way cheaper. This video Brings memories.

@enzoman1987

Жыл бұрын

Yeah okay buddy but you also pay health insurance in the states too, no?

@JonathanRogler

Жыл бұрын

@@enzoman1987the classic Canadian response. Lots of employers pay health insurance, cost of living overall is still much lower there.

@ericyuan9718

Жыл бұрын

@@enzoman1987 Keep drinking the KoolAid bud. If the job is worth a damn, the employer pays for it. Meanwhile almost everything is cheaper, taxes are generally lower and salaries are much higher in the US.

@rohanbansal9563

Жыл бұрын

@@enzoman1987 health insurance is no big deal in US if you are in tech, have master's or PhD and a stable job, it's easily manageable. I had 4 surgeries in US, total amount I paid was 1400 USD. For every doctor visit, I never paid more than 150 USD. For X-ray and CT-scan, less than 200 USD. In Canada, it takes someone months to find an appointment for these things. Also, it's not free in Canada but part of high taxes. From last 2 years , I paid close to 120,000 CAD in taxes in Canada and still don't have a family doctor despite fighting so hard for one. In May, I was visiting US just to meet family and had abdominal pain. Went to a walk in clinic, they asked stuff, took X-ray and gave me prescription and I walked out of clinic in less than 1.5 hours. I had visitor insurance and paid 200 USD. I would pay that rather than spending 10 to 15 hours in ER in pain. If you don't have any advanced degree, work on side hustles like food delivery or cab driver, then yes you can be screwed in US. In that case, Canada might be a better option.

@miss_pearl

Жыл бұрын

Comparing a city to a country is quite interesting.

A resident doctor is a junior or training doctor just out of Med School, yes salaries are low but they go up to 250K+ a year after that, much more if you take a position in a remote northern community too

@haariskhan5307

Жыл бұрын

In which field are you?

@emilyau8023

10 ай бұрын

The stress can be seen on her.

I work at Costco as a forklift driver and get paid more than a lot of these people with career jobs. I’m at 71,000.

@tbayhell2304

Жыл бұрын

Sure you can also be a general laborer with no experience and flag traffic all day for $50 an hour and double if you work on weekends or overtime. Oh and have you checked out mining jobs? They pay almost $200 an hour just so you can be in the middle of nowhere. Your point?

@minoozolala

Жыл бұрын

@@tbayhell2304 What the heck is your point. He's doing well, which is great.

@daddymatt225

Жыл бұрын

@@tbayhell2304 My only point was that Costco is a good company to work for and that I’m grateful that I’m able to make a decent wage doing a job that wouldn’t pay that much otherwise.

@Ghost-ir7yl

Жыл бұрын

@@tbayhell2304 why do you get such a hard on from a post that wasn’t even intended to come across as obnoxious? are you that mad about your 20 an hour job?

@jordanspringer8

Жыл бұрын

@@daddymatt225 My GF's brother and co-worker's BF both work at Costco, both make good money, and really like working there. It seems like a great chain to work for.

To all those in the video, nothing but pure respect for your hustle, your advice, and what you do.

New study came out that in Toronto you need to make 83,000 CDN a year to afford to live in a 2 bedroom apartment and have a normal comfortable life style. So none of these people are getting rich in Toronto just keeping their heads above water but having no extra savings for retirement In no way are any of these people going to afford a 2500 square foot home with a car in the garage and going on trips that was once considered middle class before

@laselecta9012

Жыл бұрын

That’s right. Fucking insane these times we living in

@kman5768

Жыл бұрын

Don’t live beyond your means. That is a very big problem today for young people and no one is talking about it.

@biljanas7931

Жыл бұрын

Well if you have a partner, then its easier, share most of the expenses, plus not going out as much, eating dinner at home is saving you a lot.

@TwiinStar1224

Жыл бұрын

To be comfortable you need at least $150k household income. My gf and I are like $110k-$120k combined and by time you have a 1br apartment plus 1 car things are already tight.

@my3dviews

Жыл бұрын

I'm better off making $60K in Edmonton.

$100k with $2m house..... the math does not add up.

@alexvig2369

Жыл бұрын

It's simple - bought the house before housing prices ballooned. Yes, it is warped but that's why there's such a generational wealth gap.

@FineNaturalHairROCKS

Жыл бұрын

No, it does not. SMH.

I cannot believe how low the salaries are in Toronto! How do they live there with such high housing costs? One thing I know for sure; the trades are where the money is to be made. Millwright, electricians and plumbers all make in excess of $100-150,000/year depending on situations ie workplace. If independent, they can add tens of thousands more. There is a massive shortage of skilled trades. People shouldn't be afraid to get their hands dirty, it's worth it!

@taralynnhoffmann5831

Жыл бұрын

I'm an electrician and people in the video treat you like a moron, bottom feeder. Even though everyone knows we make more money. Sometimes the positions are very hard on the morale. Like if you are working closely with clients, they will often say degrading things to you. Especially women do that. Anyway, money isn't everything. I went into the trades for money and freedom but I would rather make less and work in a job that I actually like. Although...I don't live in Toronto and paid off my house so I don't NEED to make so much anymore.

@jean-sebastiengauthier4967

Жыл бұрын

A majority of people in Toronto use 50% of their income on shelter. That should be a HUGE warning sigh to Trudeau & Co if they don't want Canada to become a poor country soon. But they all heads in the sand.

@anntaylor8065

Жыл бұрын

@@taralynnhoffmann5831 Never allow anyone to make you feel bad about yourself....they aren't worth it. Be proud of who you are!

@workhard11

Жыл бұрын

Good trades are hard to get into unless you know someone. No employer gives apprenticeship for millwright easily in Canada.

@loringluke5955

Жыл бұрын

Only a few employers are willing to sponsor new comers to work in trades. I have friends who had worked for over half year as a plumber helper but still not being sponsored to be a plumbing apprentice

I was making $80K fifteen years ago as a mere taxi owner. And that was in a relatively small university town. Now all these years later and with inflation making things so much more expensive a lot of these people are still making the same to less than that in Toronto (where real estate and rent is so much more expensive). It's tough out there.

@davidchandler6885

11 ай бұрын

Crazy money fur back then but believabke it was descent paying job at some point

@tigerlee9613

2 ай бұрын

Now that Uber has taken over, the Taxi License value has probably gone way down.

none of these people make enough money to buy a house in the GTA

@FineNaturalHairROCKS

Жыл бұрын

Its true and so sad :(

Its bartenders like these that make faces at you when you leave a 10% tip instead of a 25% as per their expectation. Never tip more than 10% because thats how you get doctors at 60k and bartenders at 80 to 100k

@glennaandandrewcampoff2661

Жыл бұрын

And remember not to tip on tax!

@Madzguy007

Жыл бұрын

Tipping is morally wrong! I don't understand why it's the consumer who has to pay the employees of private for profit businesses

@mking1982098

Жыл бұрын

the doctor is a resident, meaning she is still in training. They make a lot less as residents.

@cMaslow

Жыл бұрын

Well said. Fucking bartenders with no redeeming value for the economy are pulling close to 100k is ridiculous.

@kw1213

Жыл бұрын

What an unhinged comment. Telling people to never tip more than 10% because " that's how you get doctors at 60k and bartenders at 80 to 100k", incredibly foolish and negative.

How do they live in Toronto but those salaries. These salaries are like everywhere else in Canada.

Your channel is an inspiration to me! Keep sharing your interesting and useful posts."

Ppl are broke in Toronto, and things are so expensive 😫

@dianedyck3474

Жыл бұрын

Why do they keep voting for the liberals?

@FineNaturalHairROCKS

Жыл бұрын

Hence the rising levels of violence. People are desperate... :(

This is where the issue is in Canada…..low salaries and high cost of living

Can we take a moment and appreciate John's vest.

So common people are at the poverty line due to stagnant wages and unbridled government money printing. The spirit of Canadians is the real story of this piece.

@itaintobeezy

Жыл бұрын

Didn’t see many Canadians in this video

@debbielockhart7762

11 ай бұрын

​@@itaintobeezyRacist comment. Also, we are all from immigrants (unless you are native).

@itaintobeezy

11 ай бұрын

@@debbielockhart7762 big difference between a settler and an immigrant.

If a doctor came to the room looking like that, id run out in terror

@my3dviews

Жыл бұрын

Basically a college student who hasn't grown up yet. Reality will soon set in.

Get a trade. I only have 4 years construction experience and am now a site supervisor making $105,000 salary + benefits and company vehicle. TRADES ARE THE FUTURE PPL

I just have to say that I'm having an absolute blast reading the comments pertaining to physician compensation in Ontario. I'll add my 2 cents to this video. I work for the Ministry of Health. I make ~60k/year with 8 years experience. My job involves reviewing/accessing billing information for all physicians in Ontario.

Wow. Like everyone else I'm not sure how they survive. I'm in the trucking industry making just shy of 100 k. If I was doing highway haul trucking I would be well over 100 k. Many trades are over 50$/hour. Physical labour jobs might be where its at

@---ll9qe

Жыл бұрын

Sometimes people like their work/life balance and not work irregular hours. Most people probably aren't even fit to long haul. If the people in this video have a day job and then do a side gigs at night or on weekends, they'll more or less make the same as you.

Cool video, I'm a Canadian expat living abroad for 5 years. It's scary to see how low the salaries are compared to the cost of living...

@InstantLuc

10 ай бұрын

I left back in 2018. Worst value proposition place to live was Toronto. Vancouver wasn't much better all things considered.

When the investment banker guy said 6 figures, like what does that mean? Is it $100K, $500K or $950K. I hate when people say 6 figures, because it's such a wide range.

@sergeayissi939

Жыл бұрын

Could be $950k! That doesn't make any sense to say 6 figures!

@AviGkEy

Жыл бұрын

Considering he's an investment banker for VANGUARD, one of the biggest investment management companies with a market cap in the region of 20 Trillion $$$, I would assume he makes a salary in the upper range of six figures.

@cMaslow

Жыл бұрын

You’re all wrong. A simple google search will tell you that it won’t be more than $150k

@JJs_playground

Жыл бұрын

@@AviGkEy you think he makes that much?

@my3dviews

Жыл бұрын

It almost always means the low end of the range. Probably between $100K and $200K.

This is unbelievable how low their incomes are. These are Canadian Dollar figures, mind you! Not US Dollars. I live in Israel and people are being paid much better, here. It wasn't very good here about 20 years ago and many of my childhood friends then, their parents migrated with them to Canada. These days, many of them are actually moving back.

@proxywolf5911

Жыл бұрын

Until the bombs start falling on you guys, i think those who moved to Canada with their families are the smart ones! Can't live in fear forever

@matthewpeck7244

Жыл бұрын

Bear in mind we earn and spend in CAD. Cost of living is high, but that is any big city

Please ask how much bonuses are for that Investment Consultant and how much TIPs account for that Bartender's salary

I work in construction bringing about 70 - 100k a year. I was born in Toronto raised in Toronto literally building Toronto and I still barely scrape by in Toronto. I make enough to go away once a year and have money for retirement thanks to my union pension but man theres days where I feel like moving to another country.

Most of these incomes are basically impossible to actually live your life on in Toronto... and we wonder why everyone complains about the cost of living...

The bartender's salary was a surprise ! He was almost making as much as an intermediate Software Engineer in Canada :)

@e75short14

Жыл бұрын

It is not salary, their earning is mostly from the tips. Same goes for servers there are those who make over 100k.

@TheZooBrooksAB

Жыл бұрын

Which is proof that the standard model (get good grades, go to university, work your way up from the bottom), is the least efficient and effective way of succeeding. Yet, y'all believe it's the best way.

@e75short14

Жыл бұрын

@TheZooBrooksAB Success does not equate with making lots of money. However, what the school fails to teach is the sweet balance of finding the job that you love, that you are good at, what the world needs, and what you can be paid for. Most worlds are heading in the direction thing that is valuable in life is money and material wealth with less regard for others (humans, animals and the life that supports ecosystem).

@TheZooBrooksAB

Жыл бұрын

@@e75short14 your pie-in-the-sky outlook is fine, but I'm pretty sure that most people find making at least better than average amount of money (and probably a lot more than average) is a good indicator of success. If you have the wealth that you seek, it makes all the other things you described easier to achieve. If you don't have the wealth, those things you describe become much more difficult to achieve. I don't know too many burger king employees finding life satisfaction, actually most jobs are like that.

@skippylegrandgourou2069

Жыл бұрын

I used to make $1000 tips per week as a server but we had to do amazing services and bilingual in English, French.

Interviewer is fantastic!

Bartender makes more than medical doctor. Says a lot

@joestrong3333

Жыл бұрын

I'd say he is full of shit!

@bdegrds

Жыл бұрын

She's a resident

@hrd1711

Жыл бұрын

That doctor will make $400k+ after her residency

@lifesbiggestquestions5161

Жыл бұрын

​@@hrd1711more like 200k, unfortunately

@KalambaMusic

Жыл бұрын

@@hrd1711 she said she's a resident 😆

60ks after tax is 43.126 in ON. 3500 cad net monthly. You can easily make this money by uber. You do not need to study.

The wages are way too low in Canada.

Ladies and gentlemen - these are the people buying $2m homes in Toronto?

@TGIM

Жыл бұрын

The crash is coming...7% rates will be a problem.

@brucejin9050

Жыл бұрын

2mm house owners are new immigrants, refugees living on social support😂😂

@ScruffyWarlord

Жыл бұрын

@@TGIMthere is no crash coming with low inventory supply and super high demand 500k immigrants that Trudeau is bringing into Canada annually. Stop with the nonsense.

@Lifeisapartydresslikeit

Жыл бұрын

Yes it’s possible!! Think outside the box!! My parents make no where close to 100K each and they can buy a 2M home. They bought their homes in 2004. Anyone who had a home pre 2000 can buy a 2M home with the equity they have accumulated.

@andrewmccoll1582

Жыл бұрын

@tennikasamuels LOL oh yes I forgot it's just us losers who were born after 1990 who can't buy a house. We don't have 400% equity appreciation - what losers.

This video showed why all of our talented doctors and nurses leave for other countries, usually America

@ohurley11

11 ай бұрын

This is a resident (not fully trained physician). An average general surgeon or OBGYN makes 10x the amount she mentioned. Physicians in Ontario are well compensated.

Imagine being at the hospital and she walks in as your resident doctor....wait...I saw you on KZread telling people to do anything but.

@SuperSuperdude88

Жыл бұрын

yea i wouldnt want her as a doctor

@finallyanaccount

Жыл бұрын

I appreciate her honesty.

@paulm9340

Жыл бұрын

I would ask for a new doctor if they looked like that.

Cost of living is even higher in Vancouver.

why is there cbc news playing in the BG sound?

Lmao I totally know how it feels for Nikita (resident doctor). I’m in the health field and doctors are sick and tired of the government cutting budgets and coming up with different policies for health care providers. A lot of work and effort treating patients and the pay is not that great in Ontario. Plus sometimes you deal with crazy patients too and you’re bound by the rules/policies and the college of physicians and surgeons believe in the patient first so you gotta be careful in how you interact with patients, otherwise they’ll file a complaint against you and you’ll be dealing with headaches and law suits. 😅

@davidchandler6885

11 ай бұрын

You're DEAD LYING HERE, you should GRATEFUL for the public system lazy irresponsible doctor's here are protected to max, they investigate themselves. There is complaints serious issues misconduct but doctors are untouchable here thanks government. What you're saying is complete lie. Everyone now system is broken but doctors are huge problem much much worse than police issue

Im a college dropout, foreman ironworker and i make more than everyone in this video. Im good with my hands and i love my job. Thats really all you need to be making 120k+

A bartender makes more than a doctor. WELCOME to Canada 🎉

@curoseba5363

11 ай бұрын

Yeah! I was shocked to hear that. Ridiculous.

@toyinaina6747

11 ай бұрын

after their 2-5 year training they make six figures

60000 means still poor , she get 40000 after Tex. just calculate in month 1500 roomrent +1000 grocery+500( clothing ,phone internet, wifi, )so in total 3000 in month . 3000*12= 36000 . So she had left only 4000 in her pocket for her future ,no party, no enjoyment ,

If I were asked for an advise it would to move out of Canada. Lol

Im a self employed tile Installer in Toronto, work 10 months of the year and make 110k-120k

So weird that a resident doctor makes 60k but the avg registered nurse makes aroudn 70k. Even an RPN can get 60k... Resident doctor is still in training right? Is that why?

@maggies88

Жыл бұрын

Yes.

Industrial electrician,Calgary,120 000 a year

@workhard11

Жыл бұрын

That's a good money, how to get into this trade? Does your plant looking for any shop helper?

@workhard11

Жыл бұрын

Someone liked it thanks, i just asked as I am living in Calgary now and unemployed but worked previously in manufacturing as a machine operator but hard to get into maintenance side, so just asked if someone is looking for a shop helper, comment I would be willing to help. I can provide references as well. Once I got an opportunity for a shop labor for industrial electrician, I was selected but then I don't have the car so they picked someone else, they said I can't commute, I said I would do but they didn't agree.

That Bartender stole the show.

80k/yr in Toronto and "financially free"? Either Heavy doesn't understand the term financially free or something else is going on lol

@noire9601

Жыл бұрын

He's high

Are these wages before or after taxes? Because if it's before taxes I don't understand how can these people afford living in Toronto?

Please go to Menlo Park California.

Sales is like rich yo!

Salaries in Canada are abysmal

Cement mixer driver-$110,000cdn/yr, if you don't mind overtime.

Use noise cancelation software

How does someone move from 40k to 110k inb4 years as a banker. My salary didn't change much for the last 2 years

Is those salaries are after or before tax?

In New York, the same type of job would make 5-8 times the salary

The resident will work 12+ hours everyday for years on a crappy wage but then when they're through they'll earn 500k+. It's like residency is some crappy right of passage. Despite having careers, none of these can afford a property in Toronto without sacrificing all disposable income.

I’m just wondering how the guy with 60-80k is now financially free?!

This story is really about so much more than salary or wages. The only people interviewed were the upper echelons. Try going to a rural area and interview the average worker. Check Stats Canada, the median average income is a lot lower than anything quoted here; median average is where the earners can be divided in two groups 50% above it and 50% below it. Inflation has had a big affect, and the costs of living are highly variable. Couch surfing, living in conditions far below standard, garbage pickup is a great thing to have, so is running water.

@shellderp

Жыл бұрын

50-100k is not upper echelon, its hardly enough to live in toronto

@edwatson1991

Жыл бұрын

@@shellderp Basically my point is that it depends on point of view. All the same, check out median average income, you'll see what I mean; most people I know don't even hit median, I never have. You have a higher standard of living in places like Toronto and there are services there that aren't provided elsewhere as well, those things cost money.

Starting Physician resident salary in Ontario that is on the low end seems to be 70K and median salary 234K. Top over 400K . How is she earning 60K after 3 years? There is a shortage of Doctors in Canada and Ontario.

@brando19872

11 ай бұрын

Their all leaving and going to the states… their salary rates are much higher and housing isn’t unaffordable.

Currently making 44k a year in Montreal…. I have a degree that I dont even use. I don’t know if I will be able to live happily with that salary….

That Dr, must have been quoting net income, or not full time?? In BC they’re making $300k

Do you these people pay income tax? How can you not know the exact amount you make each year?

If you’re educated (with UK/US/CAN/EU degree), do not bother working in Canada. You’re underpaid and overtaxed.

@robbarber7253

Жыл бұрын

100% if I had a better education degree or skill I would be adios amigo

How can any of these people afford to live in TO?

Black Nigerians? Not the other Nigerians?

Do this at Yorkdale mall

Just remember this: 1. Your total income isn't your base salary 2. Your company benefits are based on your base salary, not your total income. 3. Negotiate with the above in mind.

@adelinecoulter9624

Жыл бұрын

I don’t get it ; can you expand?

@robbarber7253

Жыл бұрын

​@@adelinecoulter9624Ya I'm with you I have no idea wtf this is

I bet that investment banker guy is making 250k plus, good career choice

@ksly.official3711

Жыл бұрын

He is scared of family issues 😅

@sharinglungs3226

Жыл бұрын

Probably if he was in US, this being Canada gonna say anywhere from $140-170k.

@georgyzhukov6409

3 ай бұрын

lame

Don’t t matter what kind of job you have if you spend everything you make and don’t save and invest u won’t be able to buy anything.yes rent is high in Toronto because lots of people want to live in Toronto . Maybe don’t live in tronto find some wee more affordable. Most people that houses are worth 2 million in Brampton simple they bought a house when prices weren’t so high then houses prices went up like crazy. And they sold there homes took out a bigger mortgage and bought a bigger house when interest rates were low. Know with interest rates so high I need to leave Toronto go to a more affordable place

The resident doctor is right , don’t enter healthcare , it’s like working in hell , under paid and under staffed . Not a safe place to work

@cloutm_anager8262

Жыл бұрын

Once she is done residency she will make 350k then average doctor makes 750k.

@letsgetcozywithzee

Жыл бұрын

@@clo? Do some research first and then talk

@Joseph-zd7kg

Жыл бұрын

​@@letsgetcozywithzeethey do. I personally know several doctors making well above that

@KS-jg6bx

Жыл бұрын

U forgot to mention management.

Wow. Do these people all live together because that the only way they'll be able to afford a house in Toronto.

I am assuming the wages are in Canadian Dollar. Are the wages in the video gross or net ? Because if it’s gross then damn Canada has very low wages man !!

@_Y.Not_

Жыл бұрын

gross and taxed heavily

Surprise surprise, cost of housing in a desirable and thriving first world city that is established and has no room for expansion is beyond the reach of the majority of people and nearly all young people. Guess what, it was out of my price range too 40 years ago. I was making $7/hr then. Everyone complained then as well. But after me and my wife got established, saved our pennies as well as our dollars, we could afford a small place on the outskirts of Mississauga, then a larger place, then a nice place in Toronto. Mortgage rates in the 1980's were between 12%-18%. But now everyone has a smartphone costing them hundred(s) of dollars a month with monthly streaming subscriptions. My phone bill was under ten bucks a month. That money alone put on top of a regular mortgage payment early in the amortization schedule would allow it to be payed of in half the time at a third the cost. Shop at second hand stores, pay cash for a decent 10 year old car, don't eat out more than once a month, forget your daily $5-$10 lattes, your $15-$100/month streaming/gaming services, etc an voila, in five to ten years you'll have that home and valuable asset.

damn thats low, living in Toronto under 130-150k is hella tough

Ibrahim's shirt was so new and crisp. He looked great.

Garbage salaries, i did designing with 2.5years of experience for trades at 70k. And it was light work, checked the states and the same role was 85k

Wow 80-100 is nothing in Toronto sadly now.

@Lulu0301

Жыл бұрын

how much is average salary now ?

@raze5346

Жыл бұрын

​@@Lulu030180k+ is not nothing in canada.. the average salary of a single income earner in canada is roughly 60k. Toronto is no different

@asadb1990

Жыл бұрын

​@raze5346 well in toronto that will never get you into a house because you wont be able to save much. Maybe you can get lucky if you have a family of workers all pool money to maybe put enough down to qualify but then you won't have much extra space.

@raze5346

Жыл бұрын

@@asadb1990 yes i agree but thatd the reality we live in. Obviously 60k isnt enough for places like Tor but thats what the stats say look it up

@asadb1990

Жыл бұрын

@raze5346 this pay is dependent on level and experience. What i find is many people don't change jobs quickly specially the ones for whome is their first professional job in canada. And the employer loves these people as they are too desparate for the job and don't know the law and hence won't complain as much plus work long hours. The modern locals aren't as complacent. They know companies are disloyal and they only care about the top dollar pay.

70-100 hardly covers rent in Toronto.

Tech sales are big BSers which you could see here.

This is the reality! Everyone on reddit and twitter was making $300k+ lol.

@msdadsfsx

11 ай бұрын

I make 300k but difficult to survive

Millicent my sister😍

How is the doctor making so little?! No wonder we have a shortage

Then you realize that servers can make anywhere from 60 to 90 000 a year lmao

im not even graduated from my bachelors yet (22 yo), working full time base for 70k, also got 100k+ in crypto as my main assets. I did not know i was this far ahead

Even cops make over 100k just starting. I know someone making 40/hr but for 12 hrs a day 6 days a week

@darknaveed

Жыл бұрын

Their lives are on the line everyday. They definitely deserve it....at least the good ones do.

5:24 Is she wearing safety glasses? lol

Nikita trying to cope a date 👀 haha

How are the majority surviving in toronto with 60k....

Beatrice can get it! Goddamn girl!

60k for a doc? When she starts her specialty she will start earning 200k easy.