Source Feed: CBC News - Canada
Publication Date: May 1, 2026 - 04:00
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Why a salary of $115K isn't enough to purchase a house in some parts of Canada
May 1, 2026
Thirty years ago, it was normal for a grocery store produce manager or part-time nurse to find the five per cent downpayment needed to buy a home, says mortgage broker Ron Butler. Those days are gone. Now, someone earning $115,000 a year would have trouble buying a house in parts of Canada.
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