As rent prices rise, CTVNews.ca heard from a number of Canadians struggling to afford their homes. The surge in rent prices over the last few months has forced many to cut back on spending, with some having to relocate or move in with their parents.
Four of the five most expensive cities on either side of the border when it comes to cost of living versus income are located in Canada, a new study shows. See if your city is on the list at CTVNews.ca.
A soaring inflation rate is forcing Canadians to contend with a climbing cost of living, as the prices of groceries and gas are on a steady incline. But for those who rent their homes, a rise in inflation is also likely to send rent prices shooting up over the months to come, experts say.