The number of households who rent their homes has grown twice as fast as the number of those who own, census data has revealed.
Statistics Canada revealed Wednesday that the number of households who rent their homes grew by more than 21 per cent between 2011 and 2021. By contrast, the number of households that own their homes grew by just eight per cent over the same period.
Although the gap is narrowing, owners still outnumber those who rent by a significant margin. More than 10 million households owned their home last year — about twice as many as the five million who rent.
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