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by ZeroFries 1009 days ago
The federal government doesn't "hoard" land around areas where people would want to purchase a first home. The vast majority of crown land is not around any major urban centers.

Canadian tech workers make way above median income levels.

2 comments

Are you sure? GDP per Capita is 71k cad vs a developer salary of 87k cad. Seems pretty average.

https://www.glassdoor.ca/Salaries/toronto-software-developer...

GDP per capita isn’t the right figure to compare it to.

You want median individual income, since median is what was under discussion.

In Ontario the median hourly wage is $27 cad. It's not some huge difference. Probably on the level of other university graduates.

For comparison US GDP per capita is 71k usd and San Francisco salaries are 172k usd. That's a big difference.

San Francisco tech salaries are not representative for the entire US tech industry. And on top of that, San Francisco salaries drive up housing prices, so i'm not sure if working in SF results in a higher discretionary income.
Toronto tech salaries are not representative for all of Ontario either.

Bay area tech salaries are 3x gdp per capita.

Toronto tech salaries are 1.2x gdp per capita.

Funnily enough, the 3x higher salaries in San Francisco actually make it more affordable than working tech in Toronto.

https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...

I just checked and in EU big cities like Munich, tech salaries are also around 1.0x-1.2x GPD per capita, making EU just as bad as Toronto. Man, the US is really in a league of its own for tech wages.
GDP per capita has nothing to do with salaries. I believe average salary for Canada is $59300 so that puts dev salaries well above average.