More than half of Canadian parents provided financial support to their adult children over the past year, giving an average of $6,151, according to a Royal Bank of Canada (RBC) report this week.
About 18 per cent of parents gave their adult children (aged 18 to 40) between $10,000 and $19,999 over the past year.
But it isn’t just the younger kids getting help with their bills — 37 per cent of parents with children aged 35 to 40 said they provided financial assistance to their older children.
And while...
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