Introducing, Canada’s millennial ‘Jackpot Generation’
Front Burner27 Syys 2024

Introducing, Canada’s millennial ‘Jackpot Generation’

Over the next two years, baby boomers will pass a reported 1 trillion dollars down to their heirs, who, in most cases, are their millennial children. This intergenerational transfer of wealth is expected to be the largest in Canadian history.


The nature of homeownership in Canada has changed many times over in the last half century, and these changes have contributed to widening gulfs in wealth and prosperity. Baby boomers came into their adult years through an economic golden age, in which many were able to invest in homeownership well before prices became prohibitive. And as many now enter older age, they are sitting on homes worth many times more than what they paid for them.


Katrina Onstad is a freelance reporter and producer for the Globe and Mail’s tech business podcast, Lately. And she’s just written a cover story for Maclean’s about inheritance, and an incoming millennial windfall that she calls the ‘Jackpot generation.’

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(2060)

Mark Carney and war in the Middle East

Mark Carney and war in the Middle East

U.S. President Trump announced Thursday that Israel and Lebanon have agreed to a 10-day ceasefire, following diplomatic talks in Washington. This follows an intense period of violence, in which more t...

17 Huhti 34min

Duelling blockades hold global economy hostage

Duelling blockades hold global economy hostage

The energy crisis spurred by Iran’s closure of the Strait of Hormuz is wreaking economic havoc on much of the world; especially in Asia and Europe, where shortages have already forced people to ration...

16 Huhti 23min

The Pope vs The President

The Pope vs The President

Pope Leo has once again criticized the U.S.-Israeli war on Iran, saying “I don’t think the message of the gospel is meant to be abused in the way some people are doing, and I will continue to speak ou...

15 Huhti 34min

Mark Carney locks Liberal majority

Mark Carney locks Liberal majority

With last night’s byelection wins, Prime Minister Mark Carney is now leading a majority government. But after five floor crossers joined the Liberals, spanning from the NDP to the social conservative ...

14 Huhti 29min

Can Pierre Poilievre stop the bleeding?

Can Pierre Poilievre stop the bleeding?

After a fourth Conservative MP crossed over last week, the Liberals are now only one seat shy of an official majority. And with two out of three byelections taking place today in safe Liberal ridings,...

13 Huhti 26min

U.S.-Iran talks: Who’s got the upper hand?

U.S.-Iran talks: Who’s got the upper hand?

After six weeks of war and a fragile ceasefire Iran is going into high-level talks with the U.S. battered but defiant. Whether any kind of real agreement can be reached remains to be seen. The U.S. an...

10 Huhti 27min

Did the Iran war change anything?

Did the Iran war change anything?

By the end of the day on Wednesday, the tenuous ceasefire between Iran and the U.S. was already being tested. Israel continued to bomb Lebanon heavily, and Iran attacked Gulf countries. There was conf...

9 Huhti 30min

‘A whole civilization will die’: Trump to Iran

‘A whole civilization will die’: Trump to Iran

Today on the show we are going to talk about a grave threat made by U.S. President Donald Trump towards Iran where he wrote that unless the Strait of Hormuz is opened up “a whole civilization will die...

8 Huhti 33min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
viisupodi
rss-ootsa-kuullut-tasta
rss-vaalirankkurit-podcast
tervo-halme
the-ulkopolitist
rss-asiastudio
rss-podme-livebox
rss-pinnalla
otetaan-yhdet
et-sa-noin-voi-sanoo-esittaa
rss-ulkopoditiikkaa
aihe
rikosmyytit
rss-girls-finish-f1rst
rss-polikulaari-pitka-kiekko-ja-muut-ts-podcastit
rss-vain-talouselamaa