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Gen Z and Millennials want children but can’t afford them: survey

Gen Z and Millennials want children but can’t afford them: survey

Most Gen Z and Millennial Canadians want to have children but say the rising cost of living is making it financially out of reach, according to a new survey from BMO.

Walid Tamtam, True North
Aug 16, 2025
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Gen Z and Millennials want children but can’t afford them: survey
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Most Gen Z and Millennial Canadians want to have children but say the rising cost of living is making it financially out of reach, according to a new survey from BMO.

The BMO Real Financial Progress Index found that 70 per cent of Gen Z and 69 per cent of Millennials want to start a family, but fear it would undermine their financial security.

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