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Old 11-19-2010 | 01:22 PM
  #73  
Broheim
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Joined: Jan 2010
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From: Title 10
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Originally Posted by CRJDriver
Those figures are in Canadian Dollars, but yes, the pay is significantly more than what US regional's pay their FOs when you do the conversion.
The US economy ain't what it used to be, my friend. When was the last time you looked at exchange rates? The figures are in Canadian Dollars, but the Canadian Dollar reached parity with the US Dollar a few years ago and has stayed within about 10 cents of the USD the last few years. Right now it is at 1.01, meaning the USD is worth .01 cents more than the CAD. Yeah, one cent per dollar is really going to make a difference

Originally Posted by Confused
Keep in mind that the cost of living in Canada is much much much more than down here. Higher taxes as well.
Again, incorrect. If by "down here" you mean Norfolk, VA/ORF or Atlanta, GA/ATL, then yes, it is more expensive in Toronto. But considering how many regional pilots either live or commute to the trifecta of suck (JFK/LGA/EWR) or CALIFORNIA, I sincerely doubt the cost of living in either of these locations is lower than anywhere in Canada. Last I checked they didn't need rent freezes in Toronto but they did in San Francisco and NYC.

Originally Posted by Trip7
Awh come on, the cost of living in NYC is more than Toronto, and there is nobody with an NYC base paying Jazz payrates
Correct, and that is even with the USD being worth .01 cents/dollar more than the USD. Doing the math, $16,000 USD = $16,291 CAD. So someone working for Colgan gets a whopping $291 per year more if they are in the US versus Canada. When adjusted for exchange rates, Jazz pilots make substantially more than their US counterparts, particularly compared to the regional pilots having to live in high cost of living areas like NYC area, New England or California.
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