Generation Squeeze

@gensqueeze

A think and change tank promoting wellbeing for all generations and championing generational fairness to preserve what Canadians hold sacred—a healthy childhood, home and planet. Non-Governmental & Nonprofit Organization, Canada. linktr.ee/gensqueeze

1.140 Folgt1.714 Follower1.194 Posts

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Generation Squeeze@gensqueeze· 15h

Thanks for offering to help! Don't forget to join our network of supporters!!! www.gensqueeze.ca/join

Generation Squeeze@gensqueeze· 15h

Here's how to fix Canada's federal budget! The bonus? 3/4 of Canadians agree that it's time to reform Old Age Security. (4/5)....

Generation Squeeze@gensqueeze· 15h

Does this look like a Canada that wants improved affordability for younger Canadians????? (3/5)....

Generation Squeeze@gensqueeze· 15h

Last year wasn't a great year for generational fairness. Let's do better this year! Deadline to submit your ideas is Sept. 8 bit.ly/2026Canadianbudget (2/5)....

Generation Squeeze@gensqueeze· 15h

Tell the Canadian government how to spend YOUR money!! bit.ly/2026Canadianbudget 🧵(1/5)

Generation Squeeze@gensqueeze· 7d

Canadian seniors have the lowest rate of poverty and the most wealth of any generation. Any increase in OAS should be targeted to those in need and should come from a decrease in OAS payments to those who are financially secure. www.gensqueeze.ca/fix_oas

Generation Squeeze@gensqueeze· 7d

Many thanks to @WeShouldBeFriendsVancouver on Instagram for the IRL collab! Looking forward to another one this fall! Join us: www.gensqueeze.ca/join Video by the legendary @liahandsenn on Insta.

Generation Squeeze@gensqueeze· 9d

We applaud the change to property tax deferral in BC but also encourage even more change that is needed immediately to return to generational fairness in Canada. Many thanks to Phill Webb for the content contribution. Please read his recent article on the topic: www.gensqueeze.ca/vancouver_su...

Generation Squeeze@gensqueeze· 9d

Education, hard work and savings are no longer enough for most young Canadians wishing to buy a home. (9/10)

The housing crisis has minted a generation of multi-millionaires. Meanwhile or youth question Canada's meritocracy. The most likely pathway to homeownership is now inheritance, not education or hard work.

Generation Squeeze@gensqueeze· 9d

Young Canadians deserve housing policy change that is effective and significant. (8/10)

2 Millennials sitting at a desk with a laptop with worried expressions on their faces. Text reads: BC youth are rightfully discouraged with stagnating wages and record high housing prices. Meanwhile, government are using tax-payer dollars to protect homeowners' private investments.

Generation Squeeze@gensqueeze· 9d

Some argue the change doesn't go nearly far enough to make a meaningful change (7/10)

Photo of from the Council of Senior Citizens' Organizations of BC: 3 happy, healthy looking seniors outdoors on a tree-lined street going for a jog. Text reads: Some argue that latest reform doesn't go far enough. All other provinces exclude wealthy households from benefitting. But the Council of Seniors Organizations of BC is calling to reverse these reforms.

Generation Squeeze@gensqueeze· 9d

A small policy change but a step in the right direction... (6/10)

Pink background with black text that reads: BC NDP announces a long overdue reform in 2026. Older homeowners (age 55+) can continue to delay paying property taxes until the sale of their home. But now...interest on the "loan" will be set at the market rate (instead of the previous below prime rate).

Generation Squeeze@gensqueeze· 9d

That's a lot of multi-millionaires putting off paying their taxes! (5/10)

Photo of the Lions Gate bridge in Vancouver. Text reads: Because the province has not implemented any means testing, there were 9,887 homes in the city of Vancouver receiving this subsidy in 2024 and the average price of a home receiving the subsidy was valued at $3.35 million.

Generation Squeeze@gensqueeze· 9d

The subsidy made sense 50 years ago but in 2026 most of the beneficiaries are now multi-millionaires! (4/10)

Generation Squeeze@gensqueeze· 9d

Property tax deferral began in the 1970s to help house rich/cash poor seniors "retire in place". (3/10)

In 1973 BC began to provide a heavily subsidized loan to homeowners. At an interest rate below the Bank of Canada's prime rate, it is a generous benefit! It doesn't compound annually, and it is paid back with the tax-free proceeds from the sale of the home.

Generation Squeeze@gensqueeze· 9d

Did you know??? If you are over age 55 and a resident of BC you can defer paying municipal property taxes on your primary residence? (2/10)

Photo of an Asian elderly woman at a laptop with an expression of joy on her face. Text reads: Want to delay paying property taxes? Are you a resident of BC aged 55+? You're in luck! BC's government allows anyone over the age of 55 to defer paying municipal property taxes on their principal residence.

Generation Squeeze@gensqueeze· 9d

Let's talk about property tax deferral in British Columbia...(1/10) 🧵 #BCpoli

Property tax deferral for wealthy BC homeowners?

Generation Squeeze@gensqueeze· 10d

Not to mention, the stagnating salary has to be viewed in context with the most expensive personal budget item for anyone who didn't own a home by the 1990s: Rent/Down Payment/Mortgage. Here is a chart that shows the STRUGGLE!

Generation Squeeze@gensqueeze· 10d

Here's the hard truth of Canada's broken generational system. Cutting costs on lattes and avocado toast won't fix this but our policy solutions can! (2024 CREA and StatsCan data adjusted for inflation) #cdnpoli #Canada www.gensqueeze.ca/faq

Generation Squeeze@gensqueeze· 11d

We need a fix ASAP. 20% of OAS recipients live in households with incomes above $100,000/year. Join us if you want reform: www.gensqueeze.ca/fix_oas

Generation Squeeze@gensqueeze· 29d

You know....we were thinking of a "young age security" but your idea is even better! All Age Security is the way to go! But we'd love to make sure the benefit goes to those most in need. This is the current situation with OAS. Seem unfair when so many people are living in poverty right now.

Generation Squeeze@gensqueeze· 29d

Is Canada Failing the Next Generation? GenSqueeze founder, Dr. Paul Kershaw recently joined @maxfawcett.bsky.social Fawcett on his @nationalobserver.com podcast ⁠Power Lines⁠. Their conversation sheds light on the growing generational divide in Canada and what we can do about it! #cdnpoli

Generation Squeeze@gensqueeze· Jul 29

Old Age Security payments will rise this month to account for inflation. Here are the numbers. OAS is the single biggest line item in the federal budget. It accounts for $83 Billion/year. $17B of that goes to retirees in households making above $100,000/year. nationalpost.com/news/canada/...