|
|
|
||||||||||||
 |
Cost of livingIf you take an exploratory trip to Québec, you will see that housing, food, clothing and travel costs are affordable. Taking into account salaries and the cost of living, you are left with an attractive margin of purchasing power. Size of the economy and standard of living HousingAffordable housing is one factor to take into account for people who wish to settle in Québec. The cost of both apartments and houses is affordable and it is even more advantageous outside the major centres. Average cost to rent a two-bedroom apartment
Education and child-care servicesTo help parents balance family and work responsibilities, Québec offers child-care services at low cost, with educational programs adapted to the child’s age. Education is free in the public education system from kindergarten to college level inclusively. Tuition fees for university studies are among the lowest in North America.
Québec also offers loans and bursaries to facilitate access to university.
Tuition fees
Health careHealth care services are accessible and available throughout Québec.
Québec health insurance gives free access to necessary medical and hospital
care. One-third of the Québec’s budget is allocated to expenditures
pertaining to health and social services.
Personal income taxResidents are taxed on their income from all sources. Individuals are also entitled to various personal exemptions and their dependents, as well as for taxes paid outside Canada. Nevertheless, fiscal agreements to avoid double taxation exist with a number of foreign countries. Taxpayers can claim deductions for various items such as expenses incurred to earn employment income, leasing, investment or business expenses, and contributions to a retirement plan, registered retirement savings plan or designated stock purchase plan. Personal income tax Consumption taxesAlmost all goods and services are subject to consumption taxes. The Goods and Services Tax (GST) is 6% and the Québec Sales Tax (QST) is 7.5%. Except for rare cases, these taxes are not included in the quoted prices. The GST and QST are similar to the value-added tax in effect in European
Union member countries.
Useful links |
|
||||||||||
 |
 |
|||||||||||
