Written by Preston Miller In recent years, it has become increasingly evident that life is becoming unaffordable for many Canadians, particularly for young adults just starting out on their own. One of the most pressing indicators of this trend is the rising cost of shelter. Data illustrates a sobering reality: the average rent for a one-bedroom apartment in cities across Canada far exceeds what many individuals can comfortably afford. The Canada Mortgage and Housing Corporation recommends that no more than 30% of one’s gross income be allocated to rent and utilities (CMHC 2018). Yet, this goal is becoming unrealistic for countless Canadians. Using this 30% guideline, I’ve broken down the…



