The average monthly rent for a two-bedroom apartment in Canada last month was $989, a rise of 2.7 per cent in the past 12 months.
The Canada Mortgage and Housing Corporation said in its annual report Tuesday that rents increased by twice the inflation rate this year, as booming demand for rental units pushed up prices, despite more of them being built.
Only 2.7%. Just wait till one million rapefugees angelic, colored migrants are allowed into Canada in the next three years. Thanks Trudeau!
Anyway, rent increases will be the least of Canada's problems.