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Canadians living with parents in their 30s and 40s is now at generational highs, according to new Stats Canada data. The conversation digs into the numbers and whether giving it a name like life stretching is part of the problem.

Three reasons surface: student loan debt averaging $30,000 per millennial, entry-level salaries that make saving and renting simultaneously impossible, and a starter condo market that still opens at $300,000 to $400,000. The structural math is hard to argue with.

What's harder to separate is whether the system created the problem or whether the expectation of having everything immediately did. Average rent in major Canadian cities is approaching $1,800. Average millennial income sits in the high $50,000s. The grind, it turns out, doesn't end. It just changes shape.

Topics: Canadians living with parents, life stretching, millennial housing Canada, student loan debt, rent affordability Canada

Originally aired on 2026-05-11