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I wouldn't relocate because of a job. Actually I might, but the offers must be very, very good and this usually doesn't happen because the company hiring can find a local candidate for less.
If I have to, I'll relocate. Sometimes it's not easy to find the right job for you in the city you live and in that case you don't have much choice. For example if you are in IT, and you live in a small Canadian city, chances are that the IT jobs are few and far in between. Solution - move to a big city .