The Bank of Mom and Dad

Bank of Mom and Dad jokes are condescending and distract us from an important question: why is the Bank of Mom and Dad so rich in the first place? Generational unfairness in our economic and political systems has favoured our aging population, while rigging the game of life against younger and future generations. Hard work doesn't pay off like it used to, so many younger Canadians can't meet basic life goals, like starting a family or finding a place to call home, without turning to parents and grandparents for support. On the other hand, the Bank of Mom and Dad demonstrates how generations support one another within families. Generation Squeeze wants to bring that generational solidarity into the world of politics, to promote wellbeing for young and old alike.

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