TORONTO — A new report by RBC says just over half of Canadian parents with adult children say they are still helping them out financially with expenses including groceries and rent.
The report says 51 per cent of parents with adult children aged 18 to 40 surveyed say they provided financial support in the past year.
Of those helping out, 56 per cent say the money was to help pay for groceries, while 43 per cent have helped with an unexpected or emergency expense.
h/t Patti Jo
