The average monthly allowance for Canadian sugar babies surveyed through the site is $2,925.

A new ranking shows the University of B.C. was the seventh most popular Canadian school and the top B.C. school for sugar baby arrangements in 2018.

A total of 121 UBC students signed up to become sugar babies last year, bringing the school’s total of participating students up to 359, according to SeekingArrangement , which markets itself as the world’s largest sugar daddy “luxury dating” site.

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A sugar baby is a younger partner, more commonly a woman, who receives gifts and money from a sugar daddy, typically an older male professional, in exchange for her companionship and affection. Sugar baby and sugar “momma” arrangements are also common on Seeking Arrangement.

The arrangements generally involve full disclosure of romantic and financial expectations at the start of the relationship.

Photo by SUBMITTED / SEEKING ARRANGEMENT

SeekingArrangement’s CEO Brandon Wade cites a 40 per cent tuition increase over the past decade as one of the reasons the sugar baby/daddy arrangement has become popular among Canadian university students.

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“Students should not be overwhelmed with the thought of drowning in debt upon graduation,” he said.

“Obtaining a great job, experiencing life and preparing for a bright future should be a university graduate’s main focus.”

To date, 300,000 Canadian university students have registered on the dating site, claims Wade. The average age of a sugar baby is 26, while the average age of a sugar daddy is 41 and boasts an income of about $250,000 a year.

Photo by demaerre / Getty Images/iStockphoto

The average monthly allowance for Canadian sugar babies surveyed through the site is $2,925. A minimum wage part-time job would net a worker about $1,386 a month in Canada.

The University of the Fraser Valley was ranked 13th among all Canadian schools and second in B.C., with 85 students signing up last year. UFV boasts 175 registered sugar babies in total.

And who came in first place across the country? The University of Toronto saw 362 sugar babies sign up last year, bringing the Toronto university’s total to 1,170. See the full listing below.

See the full ranking below: