In Vancouver, 27 per cent of renters are spending more than half their net income on paying the rent. In Toronto, 19 per cent are forking over more than half of their pay cheque and one in ten Montrealers are in the same position. The national average is 16 per cent."The target is roughly a third of your income to be deemed affordable," said Tom Davidoff, an associate professor with UBC’s Sauder School of Business.
Younger renters are apparently not giving up. The survey shows people who have the biggest intent to move into the buying market are middle millennials, people in their 30's, who may also be ready to start a family. A 17-year-old boy, who was in critical condition in a Vancouver Island hospital after he was rescued from drowning in a Langford, B.C., lake over the weekend, has died.Canadian actor William Shatner has waded into the debate over open-net salmon farming with a profanity-laced video for Pacific Wild.Toronto officer accused of sexually assaulting subordinates facing criminal charges, police say
'Robust, comprehensive and thorough' landfill search underway, excavation to begin this fall: Manitoba premier Matthew McQuarrie will spend, at minimum, the next 15 years behind bars for stabbing Emerson Sprung to death and burying him in a shallow grave in a Meaford park more than four years ago.A former fire captain and father of two accused of killing his wife pleaded guilty on Thursday to second-degree murder.Court appearance for Barrie men charged in pool installation fraud case
A citizen alerted police in Elliot Lake to a heavily impaired driver who was all over the road in the community Wednesday afternoon.There were some tense moments in northern Ontario on Wednesday after several Second World War-era explosive devices were found earlier this week.After months of completing a comprehensive and exhaustive search, the Wikwemikong Tribal Police Service Board on Manitoulin Island has named a new police chief.
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