general knowledge refresher Published this article page no 71 This is where your research will pay extra dividends. If you know the area you want to settle in, housing costs, local taxes, which are the most likely employers and what they are paying, then you can fairly accurately forecast your budget. Then add your mortgage/rent (allow $1,000 for a family house) and living costs (family of four about $250 per week) and it soon adds up. Your wages will see the Canadian Pension Plan, EI and federal/Provincial taxes deducted along with any Provincial healthcare premium that may be applicable. Total deductions will be around 45% of your salary (depending upon the Province you move to) so always bear that in mind too. This is a conservative estimate with everything rounded up but is an honest picture of the level of outgoings you can expect to see. Add in activity costs if you have kids - hockey equipment is expensive with the season ice fees normally in excess of $500.00 and you see the picture general knowledge refresher magazine buy.
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