Purchasing Power: The Dollar Goes Furthest in These Provinces

Purchasing Power: The Dollar Goes Furthest in These Provinces
A person carries shopping bags along a street in Montreal, on Dec. 14, 2024. The Canadian Press/Graham Hughes
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Purchasing power differs across Canada’s provinces and territories, according to a new Statistics Canada study that outlined the cheapest and most expensive places to live in the country.

“The standard of living from earning $75,000 in one province or territory is not the same as earning that amount in another province or territory if the cost of living differs in each location,” says the StatCan report released July 31.