Invest fairly in all generations: news & insights

Our age of retirement, 65, is currently five years lower than where it stood when Ottawa launched Old Age Security (OAS) in 1952, even though average life expectancy has increased 14 yearsover the same period. It’s time to strengthen our pension system by considering a potential win-win tradeoff: slightly longer work lives for shorter workweeks.

Finance Minister Chrystia Freeland emphasized the need for “fiscal restraint” in her recent budget. But that’s not what she delivered in a budget which includes $132-billion in deficit spending over the next five years. This adds about $6,100 in government debt for every Canadian under age 45 – most of which pays for spending used by the aging population. The Finance Minister piles on this debt partly because her budget turns a blind eye to the housing wealth accumulated by many in older generations.

2023 Federal Budget is choosing to beef up the retirement security of seniors more than the financial or climate security of those who follow them

Is the Ontario 2023 Budget really 'working for you'? We bring you seven key takeaways you won't hear in the talking points.

British Columbia Premier Eby’s government faces an uphill climb to improve the NDP’s track record on making BC work for all generations. The 2023 Budget has taken some first steps up this mountain, but there’s more distance to close. We've just released our BC budget breakdown.

The new health money is a win for the personal finances of retirees. But it’s a different story for younger residents, who must pay an ever-growing amount in taxes for the medical needs of our aging population by comparison with what baby boomers paid for retirees when they were younger.

While inflation forces Canadians to focus on household budgets, it’s also important to pay close attention to government spending and its influence on our personal finances.

Like all Throne Speeches, Alberta’s November 29 installment is a broad statement about government priorities. One clear message from this missive is that Alberta won’t be prioritizing generational fairness any time soon.

Finance Minister Peter Bethlenfalvy clearly wasn’t much concerned with generational fairness in his recent Fall Economic statement. His prescriptions for the province at a time of increased economic uncertainty fall well short of following the generational golden rule: to treat other generations as you would want your generation to be treated.