Canada Compared with Australia

Population — Wages — Prices — Cost of Living — Tax Burden — House Prices



Canada and Australia are the two largest countries that select potential skilled immigrants using a points system.

Both countries have an enviable reputation as places where people enjoy a high quality of life and a high standard of living.

Both also withstood the financial turmoil of the last few years better than most.

Each has large reserves of minerals and, in Canada’s case oil. As worldwide demand for commodities has risen, so have the economic prospects of Australia and Canada.

We put these countries head-to-head, to see how they measure up on a number of measures including wages, house prices, taxes, unemployment, net inward migration rate, and climate.

Canada vs Australia

CanadaAustralia
Area9.98 million sq km7.69 million sq km
Estimated Population 201435.4 million23.6 million
Largest CityToronto (pop. 2.7 million)Sydney (pop. 4.5 million)
Net migration rate in 20145.66 arrivals per 1,000 population5.74 arrivals per 1,000 population
Proportion of population born overseas21 percent24 percent
Ethnic GroupsEuropean 66%,
Amerindian 2%,
other 6%,
mixed background 26%
White 92%,
Asian 7%,
Aboriginal,
other 1%
GDP Per Person
(Purchasing Power Parity)
2013
US$43,100US$43,000
Average Weekly Earnings 2014 (All ages of workers, full-time and part-time, including overtime)Can$937 per weekAus$1114 per week
Average Weekly Earnings 2014
converted to US$
US$858 per weekUS$1037 per week
Minimum Wage (per hour) 2014Varies from Can$9.95 per hour in Alberta to Can$11 per hour in Ontario and NunavutFederal Minimum Aus$16.87
Unemployment Rate
(Mid 2014)
7.1%6.0%
Cost of Living Ranking
(Mercer cost of living survey 2014)
The lower the ranking, the higher the cost of living.
Vancouver 96th; Toronto 101st; Montreal 123rd; Calgary 125thSydney 26th; Melbourne 33rd; Perth 37th; Brisbane 52nd
Homicide Rate 20121.56 per 100,000 people1.1 per 100,000 people
Tax Freedom Day 20149 June10 April
Average Home Price (Mid 2014)Can$413,000Aus$546,000
Average Home Price
converted to US$ (Mid 2014)
$378,000$508,000
Life expectancy at birth
(males, 2014 est.)
79.07 years79.60 years
Life expectancy at birth
(females, 2014 est.)
84.42 years84.64 years
Typical ClimatesTemperate, semi-continental, continental, prairie, polarTemperate, mediterranean, sub-tropical, tropical, desert


Tax freedom day is the day each year when the average income earner has paid all taxes to government and gets to keep all their income. The earlier the date, the lower the tax burden on the average citizen.

References

CIA Factbook

Living In Australia

The Centre for Independent Studies

Fraser Institute

Mercer