My guy.... with all due respect.... why???
That is a massive downgrade, any reason why you wanted to move to Canada? That is a pretty big opportunity cost considering Australia is as good as Canada (if not better by some measures)
Because Canada is a far better place to live than Australia - I hate that country. It's racist and full of pathetic and boring people. Yes I took a big pay cut, but I invested very aggressively for 10+ years and fully paid off my properties/have big savings so I don't have to worry about money.
I don't for a second regret quitting my high paying job in Australia to come to Canada. My quality of life is better than I've had it - meeting friends, girls, all the activities/hiking, better beer/food, better lifestyle, plenty of lakes, Canadian values, having the pleasure of being able to walk in Vancouver/Toronto for work and pleasure, it's priceless. And hopefully soon I can do all those things as a PR.
In Australia I had very few friends who would hang out once every few months and I found it nearly impossible for girls to even say hi to me (Australian girls are massive racists and only want to date rugby players with that filthy accent. Plus they want you to pay for everything). I was extremely lonely and unsatisfied.
If you go into regional areas in Australia, people look at you funny and keep giving you dirty looks. Here in Canada, they give me welcome presents and make very polite conversation. I mean, is there even a competition?
Here I have a wonderful common-law Canadian partner who pays her fair share of bills and friends who call me every week to do something, access to green spaces and lake areas with very low population (in Australia you can't even find parking at a secluded beach, it's FULL of people).
Money is important. Quality of life is more important.