More youthful mans salaries for the Canada are not checking up on the cost regarding way of living, regardless of if employed complete-date, predicated on value degree; as well as the capacity to pay for urban area rents and you can owning a home was is a great “fantasy” for many.

In the place of the newest millennials whom entered the worldwide recession and you can confronted substantial jobless (from the a staggering 11.8 per cent), the current more youthful cohort enters a benefit that have a historic labor scarcity, providing bringing employment and making paycheques a little easier.

But skyrocketing houses and you will local rental prices, at the rear of student loan money and you may greatly ascending will cost you of life style has actually most of the become barriers so you can alone affording lives once the an early on person during the Canada.

Younger Canadians can’t afford houses

For twenty four-year-old Erko Abdurahman who lifestyle together with his members of the family inside the Ajax, Ont., just having the ability to escape and you can manage lease during the Toronto is an effective pipe-dream. Continue reading →