Young people s salaries in Canada aren’t keeping up with the cost of living, even when employed full-time; and the ability to afford city rents and home ownership is becoming a pipe dream for many, according to a CTVNews.ca analysis.
Last week, U.S. President Joe Biden announced his administration would be forgiving up to US$20,000 in student loans for low- and middle-income borrowers. The move has sparked debate over whether Canada should do the same, but experts are divided over whether cancelling student debt is the best way to help young Canadians.
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