Money has long been the number one stressor for many Canadians, and there's no doubt that COVID has magnified this reality. It has upended jobs, security, health and financial stability for people across the country. Millions of Canadians are struggling to cover their bills. In March of 2020, 49% of Canadians were just $200 from financial insolvency1.
A job change is no longer just about higher pay or a better title. It can also be about achieving a healthier life balance or simply trying something new. In many cases, a new job includes relocating to a new community. A new opportunity can be very exciting, but even the most positive change comes with financial implications, especially when a move is involved. It’s good to understand the unexpected costs around relocating. A little knowledge can help you capitalize on the momentum of your new role without compromising your overall financial plan.