The conservative think-tank says it is possible to raise a child on about $3,000-$4,000 a year, and even less if parents only include necessary expenses and are careful with their dollars.
That is a far cry from some studies that have put the annual expense per child in the $10,000-$15,000 range -- with the total bill for raising a child to age 18 at more than $200,000.
The Fraser Institute says in a new paper that the higher numbers are discouraging for lower income Canadians, who might come away with the conclusion they cannot afford to have children.
But many lower income people can and do raise healthy children, says the paper, authored by economist Christopher Sarlo.
Sarlo concedes his lower estimate is based on the cost of providing a child's essential needs, such as food, clothing, personal care, household supplies, recreation and school supplies.
Cost of raising a child less than many think, Fraser study suggests | CTV News