Generation Squeeze's Hard Truths

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Gen Squeeze's Hard Truths brings you the untold story about why basic life milestones – like owning a home, raising a family, and living on a habitable planet – are slipping out of reach for younger Canadians and explores how we can make this country work more fairly for all generations. Learn more at https://www.gensqueeze.ca/

  1. 27 FEB

    National Security Requires Financial Security for Millennials and Gen Z

    Canada’s Armed Forces have reportedly begun modelling responses to a U.S. invasion. Among the ideas said to be under consideration is a civil defence corps – potentially a million residents trained and organized to strengthen national resilience. Before we ask Millennials and Gen Z to shoulder yet another obligation of national service, we must acknowledge the many ways we already oblige them to sacrifice. We must also ask older Canadians to reciprocate by rebuilding fiscal policy to be fair across generations, and future-oriented.

    10 min

  2. 17 FEB

    Cash subsidies should be targeted. Essential services, universal.

    Most gains from economic growth today flow to prioritiestied to older Canadians — retirement income support (Old Age Security) and medical care — leaving less for housing, child care, post-secondary education, and climate action. This is happening even as younger Canadians pay more income tax to support seniors than boomers did when they were younger. In this episode of Hard Truths Pod, Generation Squeeze founderDr. Paul Kershaw explains why essential services — like health care, education, and child care — should remain universal at the point of entry and why cash subsidies (like Old Age Security) work best when they’re targeted based on need, not just age.

    15 min

  3. 6 FEB

    Generational Fairness - A feedswap with Planetary Conversations

    This week's episode is a feed swap with Planetary Conversations– with host Warren Bell. Planetary Conversations is a podcast that showcases ways to create a world where everyone in the human family and all living things have an assured place, and where every one of usis truly able to make a constructive and creative contribution. Host, Dr. Warren Bell interviews guests who have, in one way or another, taken steps towards improving life on our planet. Dr. Bell is a family physician who has practiced medicine for nearly fifty years and is co-founder of the Canadian Association of Physicians for the Environment (CAPE) a voice for justice. On this episode, Warren interviews GenSqueeze founder and director, Dr. Paul Kershaw on the topic of generational fairness and the long list of policy changes Canada needs to make to get us there. Planetary Conversations Podcast can be found on Apple Podcasts, Spotify or wherever you get your podcasts.  It can also be found on-line at voice of the Shuswap.ca or on the radio at CKVS-FM 93.7 The Voice.

    53 min

  4. 08/12/2025

    Why Your Rent, Child Care Fees, and Taxes Are Rising: The Medical-Care Crunch

    It’s no secret, GenZ and Millennial Canadians are finding it harder and harder to afford the basics: rent, child care fees and tuition. In this episode of the Hard Truths pod, Generation Squeeze founder, Dr. Paul Kershaw introduces a new study by Generation Squeeze: “Medical Budgets in an Aging Canada”. He points out a hard truth and draws an important connection: The rising costs of medical care for retirees is crowding out the investments needed to address the affordability challenges faced by younger generations.

    16 min

  5. 29/11/2025

    Financial Facelift: Fixing Old Age Security

    Most Canadians believe that Canada's Old Age Security benefits act as a safety net, lifting struggling retirees out of poverty. But in this episode of the Hard Truths pod, Generation Squeeze founder, Dr. Paul Kershaw explains the hard truth: Some seniors with two homes, seven-figure portfolios, and six-figure incomes are still collecting OAS. And not just a token amount — retired couples with $180,000 in income still qualify for roughly $18,000 a year in OAS benefits. Paul dives deep into The Globe and Mail's "Financial Facelift"column. Every weekend, financial experts help Canadians fine-tune their retirement plans. The advice is smart and methodical, showing how to make the most of tax and benefit rules. But those columns also reveal something deeper —how our most expensive federal program, Old Age Security, has drifted from protecting retirees from poverty to padding the comfort of affluence .

    12 min

  6. 12/11/2025

    GenSqueeze joins CBC’s Day 6 to talk structural ageism in Canada’s budget

    The Generation Squeeze analysis of Canada’s Budget 2025 is getting a lot of media attention! That’s because we’re pointing out a hard truth: The fiscal imbalance in budget 2025 began decades ago when governments failed to plan for the rising costs of an population aging. And as predicted, these costs are now crowding out space for investments to help younger and working Canadians build homes, raise families, and strengthen productivity.  In today’s episode we’re showcasing last week’s episode of CBC’s Day 6 with Host Brent Bambury who invited Gen Squeeze founder and executive director, Dr. Paul Kershaw to speak to the structural inequity in government spending that is hitting younger Canadians the hardest. Paul describes what might be a rare moment in politics: One in which politicians on both the left and the right seem to agree on the solution to the problem.

    12 min

  7. 06/11/2025

    Canada's Budget 2025: Who is being asked to sacrifice?

    Budget 2025 sidesteps a hard truth: neither the Prime Minister who tabled it, nor the Opposition Leader who critiques it, has found the courage to ask financially secure retirees to share equally in this national moment of sacrifice. In this episode of the Hard Truths pod, our social media coordinator Jennifer Fox presents the Generation Squeeze press conference direct from Ottawa. where Gen Squeeze founder, Dr. Paul Kershaw spent budget day crunching the numbers on Prime Minister Carney’s long-awaited fiscal plan. Paul unpacks what Budget 2025 reveals about generational fairness — how rising costs and ballooning deficits continue to deepen the divide between young and older generations ofCanadians.

    7 min

  8. 15/10/2025

    Beware those who invoke struggling seniors to pad six figure incomes.

    The Canadian Association of Retired Persons (CARP) proposes an increase to Canada's Old Age Security but it won’t lift most poor seniors out of poverty. Yet, it would pad the pockets of financially secure retirees and add more than $3-billion to the deficit. In this episode of the Hard Truths pod, our social media coordinator Jennifer Fox joins Generation Squeeze founder, Dr. Paul Kershaw as he explains how some politicians and lobbyists wrap themselves in the language of helping poor seniors, but what they’re really doing is enriching households with six-figure retirements — all while governments rack up massive deficits and hand the bill to younger Canadians.

    9 min
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Gen Squeeze's Hard Truths brings you the untold story about why basic life milestones – like owning a home, raising a family, and living on a habitable planet – are slipping out of reach for younger Canadians and explores how we can make this country work more fairly for all generations. Learn more at https://www.gensqueeze.ca/

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