Erica Alini, The Globe and Mail
Erica Alini, The Globe and Mail
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Expect to spend more than $350K to raise a child in Canada, StatCan study suggests

Expect to spend more than $350K to raise a child in Canada, StatCan study suggests

Skip to contentHomeHighlightsThe study estimates how much Canadian families typically spend on children, but variables like household income, number of parents and other children and where the family lives can all make a difference.Erica Alini, The Globe and MailCanadians can expect to spend more than $350,000 to raise a child from birth to the age of 17, according to new estimates by Statistics Canada. And that figure climbs by a further 29 per cent if parents continue to support the child through post-secondary studies until the age of 22, the data show.The study, released last Friday, is...

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Expect to spend more than $350K to raise a child in Canada, StatCan study suggests

Expect to spend more than $350K to raise a child in Canada, StatCan study suggests

Skip to contentHomeHighlightsThe study estimates how much Canadian families typically spend on children, but variables like household income, number of parents and other children and where the family lives can all make a difference.Erica Alini, The Globe and MailCanadians can expect to spend more than $350,000 to raise a child from birth to the age of 17, according to new estimates by Statistics Canada. And that figure climbs by a further 29 per cent if parents continue to support the child through post-secondary studies until the age of 22, the data show.The study, released last Friday, is...

October 4, 2023
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