‘I’m done with Canada’: High cost of living leads some to leave the country
With the Bank of Canada’s recent decision to raise its key interest rate, and the average price of a home rising year-over-year, many Canadians say they are struggling to afford housing. As a result, some have decided to relocate to countries where they will pay less for accommodation and other essential items.
One of those people is Roland Cameron from Hamilton, Ont. Cameron and his wife arrived in Barbados on July 10 and plan to live there permanently. The couple had considered living in other countries before settling on Barbados, where Cameron’s father’s side of the family lives. In search of a lower cost of living, the couple hopes to make the value of their dollar go further, Cameron said.
