Invest fairly in all generations: news & insights
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Five reasons Canada needs a Generational Fairness Task Force
We’ll never be able to fix today’s affordability, housing, medical care, and climate crises without understanding and resolving the intergenerational tensions at their core. Here are five impacts a federal Generational Fairness Task Force will have on key decisions made at Cabinet and Treasury tables.
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"We have an ageist federal government"
Gen Squeeze supporter Mary Peirson (MD, CCFP) recently wrote to us, “We have an ageist federal government – one that favours older Canadians and retirees in particular.” Here's one brave Baby Boomer's take on policies that prop up generational unfairness.
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Globe & Mail: We need a federal task force on generational fairness
Talk of “youth issues” is distracting, drawing attention from the root causes of the problems, which have less to do with younger generations than their treatment by older ones as a result of past policy decisions. To begin to fix this, Ottawa should launch a general fairness council to investigate why Canada no longer works fairly for all generations.
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The policy changes we need for more work-life balance
Trading shorter work weeks for longer working lives would improve work-life balance for younger generations and ease the massive demographic squeeze on government budgets.
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The Globe & Mail: Key affordability issues ignored by UCP and NDP in Alberta’s election
Affordability is a top concern for Alberta voters. So it is surprising that the United Conservative Party and the NDP have blind spots on this issue, especially when it comes to younger Albertans.
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Alberta Budget 2023 creates generational tensions for upcoming election
Alberta’s United Conservative Party delivers one of the most generationally unfair budgets in Canada, by legislating a large gap in spending between citizens age 65-plus and those under age 45.
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The Globe & Mail: Can I trade a higher retirement age for a four-day workweek?
Our age of retirement, 65, is currently five years lower than where it stood when Ottawa launched Old Age Security (OAS) in 1952, even though average life expectancy has increased 14 yearsover the same period. It’s time to strengthen our pension system by considering a potential win-win tradeoff: slightly longer work lives for shorter workweeks.
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The Globe & Mail: ‘Fiscal restraint’ in federal budget is impossible when generational tension ignored
Finance Minister Chrystia Freeland emphasized the need for “fiscal restraint” in her recent budget. But that’s not what she delivered in a budget which includes $132-billion in deficit spending over the next five years. This adds about $6,100 in government debt for every Canadian under age 45 – most of which pays for spending used by the aging population. The Finance Minister piles on this debt partly because her budget turns a blind eye to the housing wealth accumulated by many in older generations.
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Change is in the air
Watching the natural world transform around us is a welcome reminder that change is possible, especially during these precarious times. This spring has brought with it a wave of interest in our work, making it even more inspiring than usual for us at Gen Squeeze.
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New spending on retirees leads the way (again) in 2023 Federal Budget
2023 Federal Budget is choosing to beef up the retirement security of seniors more than the financial or climate security of those who follow them
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