Hub Podcasts Did the boomer agenda win the 2025 election?
May 8, 2025
In this discussion, Theo Argitis, editor-at-large for business and economics at The Hub, analyzes the outcomes of the 2025 Canadian election, spotlighting the influence of age and economics on voter behavior. He delves into the widening generational divide, particularly how young Canadians and immigrants face rising unemployment while older voters benefit from stable economic conditions. Argitis also explores the complexities of the boomer agenda, revealing tensions between policies for seniors and the pressing needs of younger generations.
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Economic Divide Shapes Vote
- Older Canadians and women experienced stronger income growth between 2019 and 2023, driving their heavier Liberal support.
- Meanwhile, men’s income stagnation and higher unemployment among young male immigrants fueled Conservative gains.
Debt Burdens Shape Generational Politics
- Generation X and millennials have higher debt loads that reduce net worth despite rising assets.
- This financial burden explains their more oppositional voting patterns compared to wealthier boomers.
Boomer Agenda Influences Policies
- Liberal policies have largely favored older Canadians with senior-friendly benefits and asset-price supports.
- Carney's government platform aligns with boomer interests, maintaining big government and offering tax relief favoring wealthier groups.