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Our Beginner's Guide to Manitoba - Why You Should Settle Here
When you're trying to find a city to settle in, there are many factors you need to consider, such as the standard of living, employment situation, local economy, culture, and more. Some would even want to consider living a slower life and get out of the hustle and bustle of major cities by moving to the province.
One of Canada's three prairie provinces is Manitoba. Located in the center of Canada, Manitoba is home to over a million people, and the largest city in the province, Winnipeg, has a population of 780,000. The second-largest city, Brandon, is home to around 53,000 people. And over the years, Manitoba has experienced an increase in immigrants and currently has 13,000 choosing to settle within its borders yearly.
If you're looking for a city to settle in and start a new life, consider working with the best real estate agent in Manitoba so they can help you find the perfect town and housing that will fit your lifestyle.
Besides that, our beginner's guide on Manitoba will give you an overview of what makes this amazing city the perfect place to settle in. Let's get to it!
Economy and Employment
If you're part of the mining, manufacturing, and agriculture industry, Manitoba would be an ideal city for you. Farming has always been a primary occupation for Manitoba residents and is known to produce high-quality wheat, barley, oats, flax, sunflower, dairy, and other livestock farms.
Because of farming and agriculture, their food processing industries also began, along with manufacturing, transportation, and even aerospace industries.
At present, Manitoba's unemployment rate is around 5.6%, which is below the Canadian average of 6.8%. With that, the city's economy is expected to grow even more. Additionally, the mandatory minimum wage in Manitoba is $10.70. It also has one of the lowest marginal personal income tax rates in Canada.
Standard of Living
One of the best things about living in Manitoba is the low cost of living, allowing you to enjoy an incredibly comfortable life. In Manitoba, housing, energy, insurance, and even education are the least expensive in the country. Because residents of the province won't need to spend much, Manitobans can set aside money for vacation homes and leisure activities.
People are drawn to settle in Manitoba because housing in this city costs pretty low. When you're looking for a house to buy, you should know that Manitoba's residential housing market is highly competitive, meaning affordable housing options will always be available.
On average, a house in Manitoba would cost $271,000, making it one of the lowest in any province in the country. Besides that, residential areas are close to various facilities, making running errands, getting work, or bringing your kids to school much easier.
If you're considering buying a house in Manitoba, it's best to speak to the best real estate agent in the city so you can find the best deals and housing options in the city.
One of the reasons many people love Manitoba is its unique blend of cultures brought together by immigration. Because multiculturalism is embraced in this city, Manitobans celebrate numerous ethnic festivals that highlight the strength of various cultures.
Besides being a culture-centred city, Manitobans are also known to be friendly and extremely generous. This province is known to have high volunteerism rates, and residents are quite generous towards various charitable causes.
Now that you have an overview of how wonderful Manitoba is, you're probably convinced about moving to this vibrant city. Before you pack your bags, make sure to speak to the best real estate agent so you can find the best home for you and your family. By doing this, you'll be able to find your dream home in Manitoba in no time!
Are you thinking of moving to Manitoba? Speak to the best real estate agent in town. I am Chris Low, a real estate agent specializing in buying and selling residential, commercial, and farm real estate in Brandon and Virden, Manitoba. Learn more about my services today!