The November 2023 Rentals.ca Rent Report was recently released, examining the average rent for 1 bedrooms and 2 bedrooms in 35 cities across Canada. Discover if You Are Eligible for Canadian Immigration The report explains that rent in Canada has increased by $175 in the past six months, and for the sixth month in a row, rents hit a new high, averaging $2,178 in October across the country. The annual rate of rent growth in Canada was 9.9% in October, which represents the second fastest annual increase of the past seven. The report explains that rent inflation in Canada is being driven by increases in price for rentals in Alberta, Quebec and Nova Scotia, due to strong population growth and new rental supply priced at higher-than-average market rents. What are the most expensive cities to rent in? According to the rental report, the five most expensive cities to rent in are: Vancouver, BC : The average rent for a 1-bedroom costs $2,872 and $3,777 for a 2-bedroom. Burn...