Cost of Living

British Columbia’s reputation as a desirable place to live makes us a global magnet for top-quality talent.

Even with this worldwide appeal, our largest city, Vancouver, is less expensive than many other urban centres. It ranks a relatively affordable 119 of 209 (ranked from most to least expensive) in Mercer's Cost of Living Survey for 2015. By comparison, Hong Kong, Zurich and New York are all significantly more costly at 2, 3 and 16, respectively.

Personal Income Taxes

Your employees will benefit from British Columbia’s affordable tax rates. Individuals earning up to $122,000 pay the lowest personal income taxes in Canada.

Health Care

Providing health care coverage to employees is optional for employers. Whether you choose to provide coverage or to have your staff pay directly, health care is affordable.