News & Insights

If the Bloc gets its way, younger Canadians will be on the hook to pay even more taxes for boomers’ OAS benefits. This would compound the unpaid bills they already inherit because governments failed decades ago to raise enough revenue to pay for the healthy retirement that boomers deserve.

This week, the United Nations enacted the Declaration on Future Generations, which obliges all nations to govern as Good Ancestors. To support its implementation here at home, Generation Squeeze prepared Canada’s first-ever Report Card on our federal government’s 2024 budget commitment to "Fairness for Every Generation."

Generation Squeeze had a unique opportunity this week to join world leaders at the United Nations in New York for a global milestone event — the adoption of the first ever Declaration on Future Generations. The Declaration affirms the responsibilities we collectively hold today to those who follow, calling on governments at all levels to “safeguard the needs and interests of future generations.”

Student struggles with unaffordable housing, rising food-bank use and debt are tell-tale signs that the Canadian university sector must improve its advocacy. Economic precarity should not be the price required to get a degree in this country.

Taking care of our kids is one of society’s most important shared responsibilities. Whether or not we’re parents, we’re all caregivers as citizens. Standing behind adequate and inclusive supports for parents is one way we can each do our part to help our youngest citizens thrive, and ensure that every family has what they need to secure the best possible outcomes for their children.

A root cause of many of the financial challenges now facing millennials and Gen Z is that governments decades ago failed to plan adequately for the future. It is time for Canada to enshrine generational fairness in the machinery of government with an act to safeguard the well-being of present and future generations.

Generation Squeeze is bringing our generational fairness solutions to the first-ever United Nations' Summit of the Future in New York this September. Canada will join other world leaders to stand in solidarity with current and future generations by agreeing on a Pact for the Future and a Declaration for Future Generations.

Too often industry and media portray the housing market as “strong” when prices rise, and “weak” when they stall. But too many Canadians, especially younger folks, are unable to afford homes whether as owners or renters. So, we should be describing the housing market as strong when prices don’t rise, and weak when they do.

From ongoing over-extraction of shared resources from the environment, to wealth from the housing system, and young people’s tax dollars going to pay for boomers’ retirement, a majority of millennials and Gen Z Canadians have good reasons to believe that previous generations are rigging the system for their benefit.