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Encore: Canada’s millennial ‘Jackpot Generation’

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Generational Economic Divide in Canada

This chapter examines the economic benefits experienced by the baby boomer generation in Canada, contrasting them with the financial struggles faced by millennials today. It highlights key issues such as student debt, affordable housing, and stagnant wages, while discussing the looming intergenerational wealth transfer and its implications on wealth inequality. Additionally, the chapter explores innovative financial support methods between generations and their impact on familial relationships amidst economic pressures.

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