Monthly rent on the rise in Canada

Photographer: Breather

Photographer: Breather


“Nicholas Surges stood in lines with his roommate all over Toronto for five-and-a-half months,” wrote CBC Radio on February 24, 2019.

CBC Radio continued, “They weren’t there for the launch of a cool, new product or to meet a famous author. They were trying to see an apartment.

“We had everything in order. We had guarantors. We had references. We had the kind of standardized application information — chequebooks in hand,” Surges, 28, told Cross Country Checkup.

“Wherever we went … people lined up around the block looking to view a single, tiny, little apartment.”

As home prices rise, so do the costs of rental units across the country — and it’s expected to continue.”

Read the full article here. 

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