New Democrat Party Leader Jagmeet Singh is speaking out about the cost of living for Canadians who are currently going through a rough patch thanks to inflation and a major hike in groceries.
He took to X, formerly known as Twitter, on Sunday to share his thoughts on skyrocketing rent prices.
“The cost of a one bedroom in Toronto is over $2,500/month. This is a nightmare for Canadians – especially students,” he tweeted..
“They’re going hungry in order to pay their rent,” he added.
He continued by saying that no one in Canada should have to essentially skip meals just to put a roof over their heads.
He also pointed to an NDP petition that demands affordable housing for students, which states that Justin Trudeau’s “housing crisis” has left students struggling to find a place to call home.
“Decades of cuts to Canada’s colleges and universities by Liberal and Conservative governments have created the worst housing crisis for students in living memory,” the petition reads.
“Right now, rent is at a record high – the cost of a 1-bedroom in Toronto is over $2,500 a month and $3,000 in Vancouver.”
According to Rentals.ca, the average asking rent for a one-bedroom unit in Toronto hit $2,592 in July, up 13.4 per cent from a year ago.
Meanwhile,the average rent in Canada overall reached a record high of $2,078 last month. In fact, rent increased 8.9 per cent annually, which is already being described as “the fastest pace of growth of the past three months.”
As of now, it seems like Canadians can’t catch a break since rent is not the only thing that’s been a cause for concern, with the cost of food soaring over the last few months due to inflation.
