Even less I believe people on the Canadian subreddits are always complaining it's like $1200/month maximum.
Meanwhile as of recently the average rent for an apartment in Canada is now $2,000. If you take the advice that you should be spending a maximum of 20-25% of your take home on rent than you need to be netting 8K a month or closer to 11-12K gross. So 120,000 annually to be in a reasonable financial shape (60K if you are married).
Based Doug Ford will make sure PPP has a very Cold Winter.
The cost of rent in Canada has been on an uptrend since the pandemic, and in November the average monthly rent reached $2,024.
www.canadianmortgagetrends.com
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