Canadians can raise a kid for less than $4,500 a year: Fraser Institute 0
A report suggesting it's cheap to raise kids in Canada has got some parents fuming.
The starting point for raising a child in Canada today is between $3,000 and $4,500 a year, according to a report released Thursday by the Fraser Institute, a right-wing think-tank.
Those numbers, calculated by economist Christopher Sarlo, factor in basic costs like food, clothing, recreation and education.
"With my son in hockey & baseball, I've spent almost $4,000 this year on sports alone," Toronto TV writer Gary Pearson wrote on Twitter.
"Fraser Institute apparently has not bought groceries this century," wrote Mike Wedmann, whose Twitter bio says he works in sales and has a five-year-old son.
But what's not in the report is also raising many eyebrows: daycare, housing, the costs associated with time off work, or any discretionary spending, like say, for toys.
But most families already have housing before they have children, the report notes. And not every