Infographic: The Cost of Raising a Child in Canada

Written by Caitlin Wood
Fact-checked by Caitlin Wood

Infographic: The Cost of Raising a Child in Canada

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Budget Canada Canada Child Benefit Children Infographic Personal Finance

Raising a family is a common goal among many Canadians all across the country. But with the cost of just about everything on the rise, it can seem next to impossible to afford to raise a child these days. From diapers and childcare to braces and post-secondary education, it’s important that you get your finances in order and make sure you understand the financial commitment that comes along with being a parent. To give you an idea of what you’re in for, we created an infographic that breaks down the cost of raising a child in Canada.