Aug
02
Canadian Kids Live Longer With Mom and Dad as Home Costs Soar
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Almost one in two Toronto young adults reside with parent
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Statistics Canada releases census data on family formation
The rising cost of housing in Canada is having at least one major impact on the make-up of families: fewer kids are leaving home.
The share of Canadians aged 20 to 34 who were living with a parent has increased to 34.7 percent, according to census data released by Statistics Canada on Wednesday. That’s up from 33.3 percent in the last census five years earlier and from 30.6 percent in 2001.
The share of young adults living at home was highest in Ontario, at 42.1 percent. In Toronto, almost one in every two young adults lives with mom or dad (47.4 percent)…
Canadian Kids Live Longer With Mom and Dad as Home Costs Soar