Millennials vs. baby boomers: Why the cost of living has skyrocketed for young Canadians “My advice to any renters that I know is get in now,” said Terry Parkinson, an agent with Royal LePage Signature Realty in Toronto“Get a rental now before the border is open because you’re going to have tons of competition.”Parkinson’s and other agents’ advice comes as many of Canada’s most popular rental markets are edging toward pre-pandemic conditions as more businesses are allowed to reopen.At the height of the health crisis, rental prices plummeted as young Canadians moved back in with their families, took advantage of lower interest rates by purchasing a home or sought a place to stay that was further from a big city because their employer.