Moving to Canada for a PE job?
I'm a principal at a private equity secondaries firm in NYC. I was recently offered a similiar job at a firm in Toronto and was asked to move up there. The pay being offered is CAD 350 and I imagine there will be additional short term comp paid each year of 200-300 or so. Carry would be worth around CAD 1m or so but wouldn't be paid out for like 5-6 years.
Tax rate in Toronto is 53% and I hear the cost of living is very very high. Looks like all houses in good areas are like 2m bucks on the low end so realistically is it worth living in Canada for this wage compared to the US?
Looks like the healthcare system isn't that inclusive - I think you still need to pay out of pocket for dental, physio, chiro, etc.
Thoughts welcome on quality of life, pay needed, and anything else in Canada.