40K nets around 32K in Ontario. 1 bedroom rent in Toronto's suburbs is over 2K. That's 24K per year. 24K / 40K = 60% of gross income to housing. 24K / 32K = 8K leftover after housing. 8K / 12 = $666 per month for all else. This number falls to $333 on minimum wage. Monthly transit pass is $156. If you live outside TO proper, you often pay for two passes. Mississauga's is $131. A cheap phone bill with data that could somewhat replace Internet is $35. Internet connection is $50+. Have you gone to a grocery store recently? Better not have any unplanned expenses.

As a recent immigrant ... ouch.

With that said everyone in my town has been incredibly kind and welcoming of me and my family. We are native english speakers from the US and white though so we can pass for local as long as we dont say "prah-cess" instead of "pro-cess" or talk about the weather in Freedom Degrees instead of Celsius.