Inter-Provincial Comparison of Annual Personal Costs and Taxes
Manitoba remains one of the most affordable provinces in which to live with among the lowest costs for:
Take a quick look at this information and you’ll discover why when it comes to choosing a place to build your future, there really is no place like home.
Housing Costs – House prices in Manitoba are among the lowest in the country, and a recently-produced independent study shows that housing prices in Winnipeg are more affordable than in any other large Canadian city. This means more young couples can buy their own homes, compared to other Canadian cities like Calgary, Vancouver and Toronto.
Cost of Living – Winnipeggers enjoy an extremely affordable cost of living and some of the most competitive retail prices in the country.
AFFORDABILITY OF HOUSES IN CANADIAN CITIES
| Market |
Average House Price - Standard Townhouse |
| Winnipeg |
$141,408
|
| Vancouver |
$498,469
|
| Calgary |
$364,778
|
| Toronto |
$353,087
|
| Regina |
$225,000
|
| Montreal |
$220,010
|
| Halifax |
$200,667
|
| Saint John |
$139,000
|
| St. John's |
$114,333
|
| Charlottetown |
$108,000
|
Credit Rating Improvements for Manitoba, 2000-2007
| Agency | Action |
| Moody's ........................... | Upgraded to Aa2, January 2003 |
| DBRS ............................... | Upgraded to A (high), September 2003 |
| DBRS ............................... | Upgraded Short-Term Debt Rating to R-1 Mid, October 2006 |
| Moody's ............................ | Upgraded to Aa1, November 2006 |
| Standard & Poor's .......... | Upgraded Outlook from (stable) to (positive), November 2006 |
| Standard & Poor's .......... | Upgraded to AA (stable), December 2007 |
| Source: Manitoba Finance | |
