Canada or the United States: Which country looks more advantageous in economic terms for the near future

In the XX century, United States of America became the most powerful country in the world. Its strong economy and apparently endless possibilities attracted immigrants in search of the “American Dream”. But today, in the XXI century, USA is no longer the only standard to the best possible life, and it’s usually compared with its neighbor in the North, Canada. If you are torn between living in Canada vs USA, keep reading so you can know every aspect of comparison and learn which one has the most promising economic prospect.

Comparing Canada vs. USA living standards

It’s hard to choose between two great countries with great potential, and this kind of decision must be taken from a very personal perspective. Even so, there are some general aspects that we recommend you to study when evaluating and comparing these countries living standards:

• Job possibilities and opportunities for entrepreneurs

• Cost of living (taxes, rent, food)

• Quality of services (education, health, transportation, crime rates)

• Migration policies

Let us tell you details about these aspects in each country and pose what they have to offer, so you can make a well-informed decision.

CHICAGO, US

The United States: living the American Dream

One of the first approaches is to compare the cost of living in Canada vs. USA, mainly to asses the chances to have a good life quality and keep savings. Generally speaking, in the US, taxes are lower than in the North, and, although the living (food, transportation, entertainment) is a bit cheaper, it is no as equated to the salary as it is in Canada. 

A big downside of this outstanding country is their migration policies, which have been hardened in recent years. Migratory processes usually take a lot of time, money and required a big amount of paperwork. Also, free education is not great, it’s even considered deficient. And health care is expensive, with no free alternative for those who can’t afford it.

In the US, entrepreneurs choose the internet as their platform, because that way, they won’t depend on the local policies to start a business, which can be suffocating. Enterprises like a research paper writing service like Edubirdie, which can help you with any assignment -hiring a research paper writer- any digital marketing service -related to internet diffusion- or design-related jobs -graphic design, illustration, code writing for user interfaces, etc- can be done entirely through internet.

Canada, the big and nice With North

What more can be said about living in Canada vs. USA? Well, the North still has somethings to point out. First of all, Canadians are the most decent and nice people, with clean air and lots of planned open spaces available for population.

As well, education in Canada is one of the best in the world, as is their free health care system. Of course, nothing is really free, and these services are paid with taxes money, which is a little higher than in the US. Still, minimum wage is more than enough to cover for any citizen’s basic needs.

In Canada, the growing economy makes ground for both entrepreneurs and professionals looking to work in their field. Business like a research paper service or digital marketing enterprise also blooms in this country. So, if starting a business is one of your near future plans, read about the local policies to start enterprises. But if you are planning to look for a job, pay special attention to the offer rates in the city of your interest.

Do we have a winner?

All the cards are on the table, and both participating countries have shown everything they have to offer. So, what’s our recommendation? Well, the Great White North is our choice; Canada is a beautiful country filled with nice and welcoming people, but our reasons are more practical.

For one, it’s safer and cleaner than the USA, with smoother migration policies that won’t make your arrival so hard. Also, it’s great for both entrepreneurs and professionals. You may think the same about USA, but the job conditions there leave much to be desired. A downside is that in Canada there’s less entertainment and diversity, but on the good side they also have lower crime rates.

Toronto, Canada.

Finally, if you are planning to start a family in the near future, Canada is the best choice: it has an excellent education system, free high quality health care and reduced taxes for people with children. Besides, its constant economic growth makes this a promising country. So, when comparing Canada vs USA living standards and their economic prospect, Canada, the Land of Maple Syrup, as much more to offer.