Cash subsidies should be targeted. Essential services, universal.

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Generation Squeeze
/February 17, 2026

Most gains from economic growth today flow to priorities tied to older generations — retirement income support (Old Age Security) and medical care — leaving less for housing, child care, postsecondary education, and climate action. This is happening even as younger Canadians pay more income tax to support seniors than boomers did when they were younger.

In this episode of Hard Truths Pod, Generation Squeeze founder Dr. Paul Kershaw explains why essential services — like health care, education, and child care — should remain universal at the point of entry and why cash subsidies, like Old Age Security, work best when they’re targeted based on need, not just age.

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Generation Squeeze is a force for intergenerational fairness, to improve Canada’s wellbeing, powered by the younger voices and backed by cutting edge research.

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