Younger people’s salaries inside the Canada aren’t keeping up with the price regarding way of living, even though working complete-date, considering value studies; as well as the power to pay for town rents and you may owning a home are to be a great « pipe-dream » for the majority.

Instead of the new millennials just who registered the worldwide market meltdown and you may confronted huge jobless (during the an unbelievable 11.8 percent), today’s younger cohort comes into a cost savings with a historical labor scarcity, enabling getting a job and making paycheques quite smoother.

However, skyrocketing housing and you can local rental costs, behind education loan payments and you will sharply rising can cost you from living keeps most of the feel barriers so you’re able to by themselves affording lifestyle as the a young individual in Canada.

Young Canadians can not afford construction

For twenty-four-year-old Erko Abdurahman whom lives together with members of the family when you look at the Ajax, Ont., simply being able to escape and you may manage book inside Toronto is actually an effective pipe-dream. Lire la suite « Cost drama: As to the reasons younger Canadians are facing a ‘huge’ wealth gap » →