The cost of renting an apartment is rising across Canada and while Ontario saw one of the slowest increases, other parts of the country are seeing a far larger increase.
The average cost to rent an apartment increased slightly in Ottawa in February, as renters continue to pay more than $2,000 a month to rent a one-bedroom and two-bedroom apartment.
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A big chunk of Aaron Tormeti’s monthly budget goes toward housing. “I think all over 50 per cent of my income goes into paying rent,” he tells CTV News Ottawa.
He says he pays around $2,400 per month for a townhome, which does not include the cost of utilities. While that’s in line with a national average, there are far cheaper places to live in Canada.
“I have friends that have moved to Alberta, especially …