Most recent news and insights
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Federal government promises to deliver greater generational fairness in budget 2024
Posted by Megan Wilde · March 27, 2024 5:32 PM
Never before has a government been bold enough to organize their budget to respond to the problem that “hard work isn’t paying off [today] like it did for previous generations.” For young people across Canada struggling with unaffordable housing and other costs that have risen far faster than earnings from paid work, this is a welcome validation of the systemic root causes of the challenges they face.
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Ontario 2024 Budget burdens younger residents
Posted by Paul Kershaw · March 27, 2024 2:03 PM
The real fiscal signal in the 2024 budget is that the Ford government has a serious revenue problem, despite investing little to reduce unaffordability pressures. Provincial plans to restore a balanced budget by means of spending restraint and revenue from future economic growth is on shaky ground. Younger voters inherit more debt, but little help with major costs of living like postsecondary and housing. Here’s our take on why that is a bad generational deal.
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Globe & Mail: Canada’s promise to NATO collides with spending increases for retirees
Posted by Paul Kershaw · March 23, 2024 12:31 PM
Canada will struggle to raise funding for national defence because previous governments failed to plan adequately to pay for aging baby boomers. Since the public gives little attention to this failure, and little credit to the Trudeau government for dealing with the problem now, military spending may suffer collateral damage.
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Will we see generationally fair housing policy in budget 2024?
Posted by Andrea Long · March 21, 2024 10:37 AM
“There’s a generational divide right now in this country between people who got into the housing market at a time when that was a reasonable thing to do regardless of how much money your parents had in their bank account.” You might think that Gen Squeeze wrote that line. But we’re happy to report it’s from another important voice: Federal Housing Minister Sean Fraser.
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Putting a price on pollution is what good ancestors do
Posted by Andrea Long · March 20, 2024 3:22 PM
Gen Squeeze Founder Paul Kershaw was on Parliament Hill this week to remind Canadians why most of us supported paying for our pollution in the first place: “[W]e pay for our pollution because we love our kids, grandchildren, nieces, and nephews. We have a duty to pay for our pollution for them… because there’s absolutely no escaping that we put our kid’s health, safety, air, drinking water, and food at risk when we pollute.”
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The Hub: Alberta budget doubles down on expensive health care strategy
Posted by Paul Kershaw · March 11, 2024 4:24 PM
Alberta’s 2024 budget ramps up funding for a medical care system that already spent more per person than in B.C. and Ontario, while achieving poorer health outcomes.
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The Globe & Mail: Boomers, will you help make talking taxes sexy again?
Posted by Paul Kershaw · March 09, 2024 4:00 AM
Deficits generally are no longer partisan or ideological. They reflect a structural problem in government budgets. Unfortunately, the vitriol that often accompanies talk of taxation impedes the genuine dialogue required to fix this problem, inclining politicians to shy away from speaking hard truths about the fiscal reckoning we now face. Older affluent voters, we need your help to address this problem.
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The Hub: B.C. budget heralds new era in generational politics
Posted by Paul Kershaw · February 28, 2024 5:45 AM
Last week’s B.C. budget features a hard truth that, until now, had been swept under the carpet in the province and elsewhere across the country. Previous governments did not prepare adequately for the medical care Baby Boomers consume in retirement.
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Globe & Mail: Provinces harm family finances by playing politics with $10-a-day child care
Posted by Paul Kershaw · February 24, 2024 5:00 AM
Two years into the rollout of federal funding for $10-a-day child care, the plan still isn’t firing on all cylinders. But it isn’t a sign that the plan is broken. It signals that provinces are playing politics with federal funding rather than urgently reducing financial hardships facing young families.
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BC makes historic commitment to generational fairness in new budget
Posted by Andrea Long · February 22, 2024 8:37 PM
We're thrilled to announce pivotal progress in our journey towards a Canada that works for all ages. BC has made an unprecedented commitment to generational fairness in the province’s 2024 spending plan.
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