Big Macs are a Wonderful Thing
Big Macs are awsome. They provide millions of poor people around the world the illusion of eating food, they can stop wars (the New York Times columnist Thomas L. Friedman has demonstrated that two countries that have a McDonald’s franchise have never been at war), and now Big Macs help us debunk one of the Canadian media’s most dearly held myths:
It turns out Montréal is not the most heavily taxed place in North America and that the cost of living is lower in Toronto than in the 514.
Every year the people at the swiss bank UBS publish a ranking of the cost of living in the world’s major cities based on the price of McDonald’s double story fat, sugar and salt delivery device. In 2009 Montrealers had to work an average of 15 minutes to pay for a Big Mac, a full 3 minutes more than those slackers in Toronto. Both cities are way below the world average of 37 minutes.
Another very juicy statistic compiled by the swiss bankers is the share of their salary workers in the world’s cities have to hand over to the governement in the form of taxes, social security, pension funds and medical insurance (whether private of public).
Power up your truth protection shields, Angryphones and CJAD listeners, you are not going to like this one: it turns out Montrealers get to keep 76% of their income for discretionary spending, more that the 75% Torontonians get to keep and even more than the mere 72% the citizens of New York City and Chicago get to take home.
And this would probably also be a good time to mention that Québec currently has a lower unemployment rate and lower corporate taxes than Ontario.
I don’t know about you, but I blame the separatist.
Oh yeah, and I know this one is going to hurt but I strongly recommend y’all take a drive to Ottawa whenever you have the chance. You will able to to witness for yourself that, contrary to what you’ve been told, the road is in much better shape on the Québec side of the border…