Study suggests forever renters, Parliament on summer break : In The News for June 23
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors for the morning of June 23 …
What we are watching in Canada …
A new survey finds almost half of Canadian who rent will continue to do so indefinitely and aren’t sure when they’ll be able to get into the housing market.
Renters surveyed by insurance firm Canada Life cited a lack of cash, fear and uncertainty as reasons for staying on the sidelines, with almost 73 per cent saying it’s a bad time to buy a house and 17 per cent saying they’ll never buy one.