Emirates after AC

[DanWEC]

OK.

FYI for the thread.... profit share this year was 22 weeks of salary.
So a nice 42% bonus.

Tax free, like everything else.

[Jean-Pierre]

OK.

FYI for the thread.... profit share this year was 22 weeks of salary.
So a nice 42% bonus.

Tax free, like everything else.

Chalice!

[Dry Guy]

I'll take home $200K+ this year... work less than an Emirates pilot... and I don't have to live in Dubai... I live exactly where I want to live, raise my kids in the outdoors and have the time to ensure they are learning the right things. When I go on the big Boeing I suppose that take home will go up 100K or so and I'll work a little less too.

It's a no brainer for me, short term sacrifice, get your number, and put your time in here as early as you can if it's where you want to be and it's more years at the top. But fill your boots if you want to be a the hired help for a backwards bunch of sheiks in the desert and go live somewhere else. To each their own.

I don't want to turn this into a dick measuring contest, but is $350k (CAD?) all Emirates pilots earn? That's WJ NB CA money. If so, it would seem that the sole financial advantage is the low tax structure.

I'll never understand pilots that go online and defend the salaries in Canada.

[Dias]

The salaries may not be competitive globally but at least I can live exactly where I want.

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[thepoors]

I'll take home $200K+ this year... work less than an Emirates pilot... and I don't have to live in Dubai... I live exactly where I want to live, raise my kids in the outdoors and have the time to ensure they are learning the right things. When I go on the big Boeing I suppose that take home will go up 100K or so and I'll work a little less too.

It's a no brainer for me, short term sacrifice, get your number, and put your time in here as early as you can if it's where you want to be and it's more years at the top. But fill your boots if you want to be a the hired help for a backwards bunch of sheiks in the desert and go live somewhere else. To each their own.

I don't want to turn this into a dick measuring contest, but is $350k (CAD?) all Emirates pilots earn? That's WJ NB CA money. If so, it would seem that the sole financial advantage is the low tax structure.

I'll never understand pilots that go online and defend the salaries in Canada.

There's many people in this country who bought homes pre pandemic and are now very comfortable. These are the same people who voted for a globalist PM because "elbows up" and ignored how his party destroyed this country for the past 15 years. They are oblivious to the erosion of labour, standards of living, and social cohesion. They welcome an economy propped up by overvalued real estate and immigrant wage slaves, with virtually zero productivity and opportunity.

It's f*ck you, I paid 200k for my house and now it's worth 1.5M, pay your dues. It's not like the goalposts have moved so far beyond reality that most Canadians under 30 will never be able to purchase a home. But hey screw you for trying to look for a better way of life elsewhere...

[Daniel Cooper]

To have the same purchasing power as the median Canadian income in the 1990's relative to the price of gold you'd have to make $417,000 today. Think about this when you are boasting of your $350k salary. You are making less than the median income 30 years ago.

[Bede]

The $350K in Dubai is net, all take-home pay.

I know. So it's not the pay that's attractive- it's the tax structure. I'm not knocking it, if it works for you, all the power...

[Bede]

To have the same purchasing power as the median Canadian income in the 1990's relative to the price of gold you'd have to make $417,000 today. Think about this when you are boasting of your $350k salary. You are making less than the median income 30 years ago.

That is the most absurd economic argument I've ever heard. You're tying CPI to the price of gold?

[Bede]

Now, if you’re not a materialistic person, if you don’t care about Corvettes, Porsches, nice apartments/houses, Jetskis, or luxury vacations, then staying here absolutely makes sense. Our country is beautiful, and life here has its own kind of richness.

But for those of us who do want that lifestyle, I’m just trying to share accurate insight about EK so people’s judgments aren’t clouded by opinions from those who couldn’t leave, and are now struggling to keep up with their mortgages.

My fortune cookie tells me that you've got a bright future ahead of you.

[Bede]

Emirates is just one option. I'm a WB FO and get cold calls from recruiters every couple of months. Some are for the usual expat airlines but some are pretty nice places. I have a feeling one of them I won't be able to say no to. Canada has a weird obsession with anti-labour policies, laws, and politicians, that is absolutely destroying the middle class. And make no mistake, we are very middle class.

And you're considering moving to locales with literally no middle class and slave labour-style economies?

[cdnavater]

To have the same purchasing power as the median Canadian income in the 1990's relative to the price of gold you'd have to make $417,000 today. Think about this when you are boasting of your $350k salary. You are making less than the median income 30 years ago.

Who’s comparing income to the price of gold, I can’t sleep in a bar of gold, I can’t eat it, I can’t drive it, seriously who cares what the price of a finite precious metal is compared to the 90s!
It was actually very flat through the 80s and into early 2000s, then it started to climb, last 5 years is the steepest increase and again who cares, nobody is buying gold if they can’t afford a house!

[MorePlates]

My fortune cookie tells me that you've got a bright future ahead of you.

So you’re saying I’ll get where you are, but without the decades of suffering? Sweet.

All my fortune cookie says is, ‘Help! I’m being held prisoner in a Chinese bakery.’

[MorePlates]

And you're considering moving to locales with literally no middle class and slave labour-style economies?

You’re clearly speaking out of bias.

“No Middle Class” – Wrong!
“Slavery” – Right!

No one with sense can deny that slavery is a serious issue in the Middle East. At the same time, I wonder if minimum-wage workers here have lives any better.

Of course they do, but not by much. And with every passing year, that margin keeps shrinking.

[AV80R]

Gold is actually one of the best indicators of value that we have because it isn't affected by the money printer. But if you guys think that's wrong use the price of other real world assets instead. In the 90's the median income in Canada would afford you a detached house and two late model cars in the driveway. To be able to afford those assets as easily now you would need to make $400k, perhaps even more.

[Red_Comet]

I'll take home $200K+ this year... work less than an Emirates pilot... and I don't have to live in Dubai... I live exactly where I want to live, raise my kids in the outdoors and have the time to ensure they are learning the right things. When I go on the big Boeing I suppose that take home will go up 100K or so and I'll work a little less too.

It's a no brainer for me, short term sacrifice, get your number, and put your time in here as early as you can if it's where you want to be and it's more years at the top. But fill your boots if you want to be a the hired help for a backwards bunch of sheiks in the desert and go live somewhere else. To each their own.

I don't want to turn this into a dick measuring contest, but is $350k (CAD?) all Emirates pilots earn? That's WJ NB CA money. If so, it would seem that the sole financial advantage is the low tax structure.

I'll never understand pilots that go online and defend the salaries in Canada.

There's many people in this country who bought homes pre pandemic and are now very comfortable. These are the same people who voted for a globalist PM because "elbows up" and ignored how his party destroyed this country for the past 15 years. They are oblivious to the erosion of labour, standards of living, and social cohesion. They welcome an economy propped up by overvalued real estate and immigrant wage slaves, with virtually zero productivity and opportunity.

It's f*ck you, I paid 200k for my house and now it's worth 1.5M, pay your dues. It's not like the goalposts have moved so far beyond reality that most Canadians under 30 will never be able to purchase a home. But hey screw you for trying to look for a better way of life elsewhere...

Couldn't agree more with this. The generational wealth gap in this country post-COVID is insane. It's either "F You, Got Mine!" or you're a feudal serf forever with zero hopes of owning anything, much less retiring.

I'm just letting the older folks know that you can't run a society like this long term. Those who "missed the boat" and have zero access to any semblance of upward mobility are not going to take this lying down. There's a reason communism took the world by storm last century. It would behoove the modern neo-feudal lords to ponder this. You need young people for a functional society, and if you completely deny them all opportunity, it won't end well.

The last election was surreal to witness. After a lost decade, re-electing the exact same people to continue their work. The best part? They were brought over the finish line by the 55+ crowd which voted Liberal by a massive majority! For the first time ever, younger voters were largely conservative, and older were liberal. Because young people know there is no future for them in Canada at the moment.

Every young person I know is considering leaving, planning to or has already left the country. Canada is absolutely untenable for anyone who didn't ride the post-Covid asset bubble. Rent alone costs 50% of median income in most of the country, to say nothing of mortgages or other living expenses.

The country has transformed into a retirement home that is hoovering up indentured servants from the world's poorest nations instead of honouring the social contract with its own citizens. Ironically, it's much worse than Dubai in some ways, because Canada still markets itself as the land of opportunity. UAE has no such marketing, they are transparent in that it is a society for the rich and working professionals.

I fear this great nation is forever lost, destroyed by a selfish generation that had it all and refused to share anything with their progeny.

[Dias]

Great post Red Comet. I especially agree with what you said about Dubai being more honest about their slave class. Canada has also imported a slave race but shamefully try to pretend it's for virtuous reasons. Nobody is buying it anymore except for the older generation that needs to believe so they don't feel guilty about what they've done.

[thepoors]

I'll never understand pilots that go online and defend the salaries in Canada.

There's many people in this country who bought homes pre pandemic and are now very comfortable. These are the same people who voted for a globalist PM because "elbows up" and ignored how his party destroyed this country for the past 15 years. They are oblivious to the erosion of labour, standards of living, and social cohesion. They welcome an economy propped up by overvalued real estate and immigrant wage slaves, with virtually zero productivity and opportunity.

It's f*ck you, I paid 200k for my house and now it's worth 1.5M, pay your dues. It's not like the goalposts have moved so far beyond reality that most Canadians under 30 will never be able to purchase a home. But hey screw you for trying to look for a better way of life elsewhere...

Couldn't agree more with this. The generational wealth gap in this country post-COVID is insane. It's either "F You, Got Mine!" or you're a feudal serf forever with zero hopes of owning anything, much less retiring.

I'm just letting the older folks know that you can't run a society like this long term. Those who "missed the boat" and have zero access to any semblance of upward mobility are not going to take this lying down. There's a reason communism took the world by storm last century. It would behoove the modern neo-feudal lords to ponder this. You need young people for a functional society, and if you completely deny them all opportunity, it won't end well.

The last election was surreal to witness. After a lost decade, re-electing the exact same people to continue their work. The best part? They were brought over the finish line by the 55+ crowd which voted Liberal by a massive majority! For the first time ever, younger voters were largely conservative, and older were liberal. Because young people know there is no future for them in Canada at the moment.

Every young person I know is considering leaving, planning to or has already left the country. Canada is absolutely untenable for anyone who didn't ride the post-Covid asset bubble. Rent alone costs 50% of median income in most of the country, to say nothing of mortgages or other living expenses.

The country has transformed into a retirement home that is hoovering up indentured servants from the world's poorest nations instead of honouring the social contract with its own citizens. Ironically, it's much worse than Dubai in some ways, because Canada still markets itself as the land of opportunity. UAE has no such marketing, they are transparent in that it is a society for the rich and working professionals.

I fear this great nation is forever lost, destroyed by a selfish generation that had it all and refused to share anything with their progeny.

Spot on. The irony is these boomers who support bringing in millions of immigrant slaves to keep their real estate values up are going to pay the price when our healthcare system collapses just when they need it most.

[thepoors]

Emirates is just one option. I'm a WB FO and get cold calls from recruiters every couple of months. Some are for the usual expat airlines but some are pretty nice places. I have a feeling one of them I won't be able to say no to. Canada has a weird obsession with anti-labour policies, laws, and politicians, that is absolutely destroying the middle class. And make no mistake, we are very middle class.

And you're considering moving to locales with literally no middle class and slave labour-style economies?

That's rich Bede. Do you not realize Canada is currently on a speed-run to exactly this reality?

20% youth unemployment, stagnant wages, completely unchecked immigration from the worst places on earth, avg housing prices that are 10x avg income, politicians that only cater to a handful of corporate oligopolies, zero innovation and investment in industry or resources - where do you think this all leads?

[cdnavater]

Gold is actually one of the best indicators of value that we have because it isn't affected by the money printer. But if you guys think that's wrong use the price of other real world assets instead. In the 90's the median income in Canada would afford you a detached house and two late model cars in the driveway. To be able to afford those assets as easily now you would need to make $400k, perhaps even more.

My point was simply comparing the price of gold to income required to buy a house today is not useful, gold is a relatively stable precious metal that is an investor haven during times of volatility.
Use another metric but I stand by my comment about the comparison to gold versus buying a house today, if you do that then you need the same income as you would have made in 1988.

https://wowa.ca/infographics-finance-re ... 79-q2-2024

“Homes are becoming less affordable in Canada, but in terms of gold, the price of an average home in Canada is now at 1988 levels (7 kilos)! What’s really decreased is the purchasing power of our wages due to inflation“

[Dry Guy]

“Homes are becoming less affordable in Canada, but in terms of gold, the price of an average home in Canada is now at 1988 levels (7 kilos)! What’s really decreased is the purchasing power of our wages due to inflation“

That's exactly their point.

[cdnavater]

“Homes are becoming less affordable in Canada, but in terms of gold, the price of an average home in Canada is now at 1988 levels (7 kilos)! What’s really decreased is the purchasing power of our wages due to inflation“

That's exactly their point.

I was responding to the below quote posted by Daniel Cooper, comparing the wages of 30 years ago to today for the cost of buying gold, to which I said who cares how much money it costs to buy gold today versus 30 years ago because it doesn’t track the same, it’s not a good comparison to today’s reality. Gold does not track well with inflation, it actually goes up when the economy isn’t doing well and or when speculation about a recession is present.
So again, who cares how much money I need to buy the same amount of gold today, housing and food are the concern, how much income do I need today to have the equivalent standard of living versus 30 years ago, the answer is not 417,000, that was my point!

Daniel Cooper wrote
To have the same purchasing power as the median Canadian income in the 1990's relative to the price of gold you'd have to make $417,000 today. Think about this when you are boasting of your $350k salary. You are making less than the median income 30 years ago.

[MorePlates]

Alright, I’m calling it here before this turns into another political circus starring our usual trio of RedComet, D¡as, and thepoors — the holy trinity of derailment. Every time there’s a halfway decent discussion, they show up like clockwork to turn it into a soapbox audition.

You’re in AC, you already know the conditions, and I’ve done my part giving the most accurate info I can about EK. The rest is up to you.

I’ll leave the stage to the performers, may their next act involve a little self-awareness.

[Daniel Cooper]

Yes, that's what I meant. Your $350k CAD salary is meaningless today because its buying power is less than the median Canadian income in the 90s.

[Tanker299]

⸻

It amazes me that people still take the CPI or the “2% inflation” narrative seriously. The only metric that really matters is purchasing power — what your income can actually buy you.

Whether you’re at AC or flying in the sandbox, if you live in Canada or plan to return here, your dollar simply doesn’t stretch very far. If Canada is where you want to live, then accept that reality — you’re effectively “working class,” meaning you have to trade time for money. And if you need to work for money, you’re not who the political class or major asset holders prioritize. You’re not an asset in their system — you’re a liability.

Some AC guys live abroad to reduce their tax burden, but that comes with the price of commuting. Sandbox expats benefit from low or no tax, but they don’t actually have the right to work there permanently — their residency is conditional and revocable. At the end of the day it’s just choosing which trade-off you’re willing to live with.

Pick your poison, and own it.

[altiplano]

I'm not defending Canadian wages, they have a long way to go, big problem of course being taxes in this country too.

But what I am saying is that you couldn't pay me enough to go live in Dubai. Good for you guys that like it, but it's not for me and that's OK.

My priorities are elsewhere and it's never -20 where I live.

A lot of people complaining would be a lot further ahead if they rejected consumerism and instead extrapolated the lost investment earnings on every $10 starbucks trip, every dollar spent on stuff, doubly so if they are carrying the spend as debt too. Consumerism is a drain on most people I meet. Can't do their own shit and get off on spending money instead.

I'm not a boomer.

And I'm sure AF not elbows up.