Younger Canadians are being impacted by many compounding issues including the high cost of living, which is one of the reasons they aren't having children, a new report by Statistics Canada shows.
"These challenges do not disappear once youth turn 30," the StatCan report says. "Rather, these challenges are ongoing and may permanently hinder their access to a standard of living in adulthood that they may have expected while growing up.
It notes that recent surveys point to Canadian youth being less satisfied and less hopeful of the future. One of the common issues indicated is the increased cost of living. One consequence of the higher cost of living is young adults are choosing not to have children, the agency says. According to StatCan, about 38 per cent of young adults did not believe they could afford to have a child in the next three years, whereas 32 per cent did not believe they could have suitable housing to start a family in the same timeframe.
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