Ottawa’s increasing OAS spending dedicates scarce public resources on the by-and-large much more well-off older generations. Canadians aged 65 and older have a median net worth now above $1 million, compared to Canadians under 35 having a median net worth of only $48,000, according to research conducted by CEO of Ipsos Public Affairs Darrell Bricker. Missing Middle Initiative founding director and Hub contributor Mike Moffatt calculated that, on average, the income of men older than 65 now surpasses the average income of men aged 25 to 34, with seniors making more than $60,000.