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

Canada Australia
Area 9.98 million sq km 7.69 million sq km
Estimated Population 2014 35.4 million 23.6 million
Largest City Toronto (pop. 2.7 million) Sydney (pop. 4.5 million)
Net migration rate in 2014 5.66 arrivals per 1,000 population 5.74 arrivals per 1,000 population
Proportion of population born overseas 21 percent 24 percent
Ethnic Groups European 66%,
Amerindian 2%,
other 6%,
mixed background 26%
White 92%,
Asian 7%,
other 1%
GDP Per Person
(Purchasing Power Parity)
US$43,100 US$43,000
Average Weekly Earnings 2014 (All ages of workers, full-time and part-time, including overtime) Can$937 per week Aus$1114 per week
Average Weekly Earnings 2014
converted to US$
US$858 per week US$1037 per week
Minimum Wage (per hour) 2014 Varies from Can$9.95 per hour in Alberta to Can$11 per hour in Ontario and Nunavut Federal 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 125th Sydney 26th; Melbourne 33rd; Perth 37th; Brisbane 52nd
Homicide Rate 2012 1.56 per 100,000 people 1.1 per 100,000 people
Tax Freedom Day 2014 9 June 10 April
Average Home Price (Mid 2014) Can$413,000 Aus$546,000
Average Home Price
converted to US$ (Mid 2014)
$378,000 $508,000
Life expectancy at birth
(males, 2014 est.)
79.07 years 79.60 years
Life expectancy at birth
(females, 2014 est.)
84.42 years 84.64 years
Typical Climates Temperate, semi-continental, continental, prairie, polar Temperate, 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.


CIA Factbook

Living In Australia

The Centre for Independent Studies

Fraser Institute