More Than Half of Canadian Parents Expect to Financially Support Children Into Adulthood: Survey

A 'for sale' sign is shown outside a home in Vancouver. A majority of Canadian parents anticipate providing financial support to their children even after they read adulthood, with most citing concerns over housing costs, according to a new survey. The Canadian Press/Jonathan Hayward

Fifty-seven percent of parents anticipate providing financial support to their children even after they reach adulthood, but two-thirds of them lack confidence in their ability to do so, a new survey suggests.

The TD Bank Group survey, released on Oct. 31, is an annual poll that looks at the concerns of Canadian parents.