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Looking for a sugar daddy

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Who has an average income of about $250,000, is worth about $5 and half million dollars and spends about $4,000 a month on a sugar addiction?

The answer is the average Canadian sugar daddy – and the addiction we’re talking about has nothing to do with a sweet tooth. For those not in the know, a sugar daddy describes an older, wealthy man, willing to exchange gifts, for the “company” of an attractive young woman.

One of those ladies – Lexy Byers – joins us in Toronto, while on the line from sunny California is Brandon Wade, founder and CEO of Seeking Arrangement, the online site where these matches can be made.

Video: Square Off interview: