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For a two-parent, middle-class family, the average cost of raising a child in Canada is approximately $293,000 from birth to age 17-about $17,000 per year.
Inflation and cost-of-living pressures continue to drive up expenses for essentials like groceries, clothing, and extracurricular activities, making parenting financially onerous. Greater commitments to childhood socialization often lead to additional costs for elite sports, tutoring, and camps. Moreover, demands for childcare-especially in Urban areas-exceed its availability.
While the CWELCC program has helped lower average fees, many families still face challenges in securing spots. Alternatives are, oftentimes, more expensive than licensed care. Overall, ongoing expenses accumulate rapidly, placing significant strains on finances (Amato, 2026).