Stats Canada study shows 16.3% of Canadian millennials (25‑39) lived with parents in 2021, double the 1991 baby‑boomer rate.
Co‑residence peaks in Toronto (26.1%) and Vancouver (19.3%), reflecting high urban housing costs versus wages.
Millennial homeownership was 49.9% in 2021 versus 56.2% for Gen‑X in 2006, with lower ownership of single‑detached houses.
Delayed education, later family formation and rental‑market pressures, not just unaffordable housing, drive the trend; parents remain primary demand driver.