Used to describe when a Toronto man has reached the lowest level of broke, where they have more school debt than income, and can no longer flex their OSAP money. Usually used when someone tries to explain the level of their brokenness.
Girl: Bae can we go out to eat?
Boy: You tryna spot me?
Girl: What... you usually always pay
Boy: Facts, and that's why i'm broke boy gang rn smh,