The struggle is real, according to nearly a third of Canadian households. This morning Statistics Canada (Stat Can) released the 2022 Canadian Housing Survey, a bi-annual window into the cost of living across the country. The latest findings reveal that both renters and homeowners are increasingly struggling. Renters were most likely to report financial difficulty, but homeowners aren’t faring well either. It’s not just mortgage costs, as the fastest-growing demographic experiencing financial difficulty was mortgage-free homeowners.
