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29 Jun 2024

He can’t afford to rent an apartment. So this man secretly sleeps in an office

Author: admintech | Filed under: Finance/ Money
Last September, Commercial real estate company CBRE found vacancy rates in downtown Ottawa had jumped to 15.1 per cent by the end of June — the city's highest rate on record.

Rents are so high across Canada that some people who work full time can’t afford a place to live. The average asking price for rent in Canada hit an all-time high of $2,202 per month in May, according to a new report.