Perks and Drawbacks of Living in Canada - All You Need to Know

Perks and Drawbacks of Living in Canada - All You Need to Know


Being the 8th largest economy worldwide, Canada is a big appeal for job seekers worldwide, including third-world countries like Bangladesh. People of Bangladesh, the 41st economy in the world, travel to Canada for jobs and find work to earn and send money to Bangladesh from Canada to support their families financially. 

The basic purpose of going to another country for work is to meet your family’s financial needs. But every country you wish to go to offers both positives and negatives that are unique to it only. 

This blog will discuss the positives and the downside of living in Canada. 

CANADIAN ECONOMY:

  • Canada is the world’s 8th largest economy, with a nominal GDP of $2.221 trillion.

  • It has a Purchasing Power Parity (PPP) of $2.237 trillion, which makes it the 15th largest economy worldwide. 

  • Its GDP per capita income is $57,406, which is the 14th largest worldwide.

  • Its PPP per capita income is $57,812, which is the 22nd largest in the world.

  • Overall unemployment is 5.3%, according to the latest estimates, but is lowering quickly.

  • There are about 8 million expatriates residing in Canada.  

These figures show Canada's robust economy welcomes and accommodates job seekers.

Why go to Canada?

A few reasons discussed below are the most compelling reasons to go to Canada. 

Abundant jobs

The aging Canadian population means about a million vacancies in the country. To fill these, the Canadian government offers multiple opportunities with several benefits to the ones seeking jobs and work in the country. 

An inclusive culture

Canada has an inclusive culture hosting people from around the world from different countries and backgrounds. This has added colors to the culture of Canada, where you will find people representing all the cultures there are in the world. 

Top-notch education for free 

The World Population Review has placed Canada among the top 5 countries in the world for having the best education system. 32 Canadian universities have made it to the list of Times Higher Education Best Universities in the World. The University of Toronto is the 20th best in the world. 

Best healthcare services

Canada has an excellent healthcare system with the best service quality that is both accessible and affordable, as the government highly subsidizes it through the taxes you pay. 

A safe country

Canada is considered to be one of the world’s safest countries in the world. Needless to say, safety has become one of the biggest concerns of people going to other countries. It's effective policing has lowered the crime rate substantially. 

A stable economy

Economic fluctuations are a normal phenomenon. But Canada is one of the few economies worldwide that remain stable and do not fluctuate much.

Entertainment opportunities 

As a Bangladeshi expatriate residing in Canada for work and to send money to Bangladesh, you will find multiple opportunities to entertain yourself. Scenic outdoors, picturesque landscapes, clubs and bars, etc., are all that you can entertain yourself with abundantly. 

Affable and cooperative people

You will find the people of Canada to be affable and cooperative. They help you socialize and gel better with the locals. It helps you connect with the local community and find better opportunities for work, etc. 

Rich cuisine

The fact that Canada hosts many people hailing from different countries around the world has added to its cuisine, which is equally rich and diversified.

You can find any delicacy anywhere in Canada that is unique to the region it basically originated from and belonged to.    

The flip side of living in Canada

Following are the downsides of living in Canada, which come with the positives you have just learnt above. 

The healthcare

Canadian healthcare is known for providing quality services to the residents free of cost, but long queues to access the doctor and/or treatment are big hazards. This wait and queues get longer as the cities get bigger. 

An encroaching government

The Canadian government regulates even the number of calories you should take. People believe that the Canadian government overly interferes in the lives of the people, both natives and expatriates alike.

An expensive country

The cost of living in Canada is pretty high compared to many other Western countries. Taxes are higher than the normal Western average, and rented property is also expensive, particularly in the big cities. 

Tough immigration rules

Canada allows about 250,000 refugees and immigrants to the country every year as the rules to get a visa are tough, but not if you are a skilled person. Besides, you can immigrate easily through Express Entry if you prove that you can add value to the Canadian economy and not otherwise. 

Climate is a challenge.

Weather in Canada is a big challenge for the people of tropical or hot lands like Bangladesh because the winters in Canada can hamper your movement around and affect your health and lifestyle badly. 

Need to send money to Bangladesh online 

There are about 100,000 Bangladeshi expatriates residing in Canada for different purposes, including education and jobs. They earn a living in the country, and given the difference between the currencies of Canada and Bangladesh, their small earnings even play a major role in providing financial support and stability to their families back home, to whom they send money. 


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