3 ways governments sustain anti-child budgets
1. Cut back on what younger generations need
As costs rise and revenues don’t keep up, governments scale back investments elsewhere. The result: less support for housing, child care, education, and good jobs — leaving younger people with higher rents, more debt, and fewer opportunities.
2. Ask younger people to pay more
Even as younger Canadians face rising costs for housing, education, and raising families, they are paying 20-40% more in taxes to support an aging population compared to what today’s seniors paid during their working years.
3. Run up big deficits
Governments led by every major party — Liberal, Conservative, and NDP — are running large deficits to deal with rising costs for seniors’ medical care and Old Age Security. These unpaid bills are passed on to younger generations.
