Go ahead and add another $1.7 billion to millennials’ and Gen Z’s massive debt tab. Once again, Canada’s youngest and most economically disadvantaged generations will pay to indulge the Liberals’ coddling (a less kind interpretation may say bribing) of seniors.
One day after Prime Minister Justin Trudeau announced a snap election, a one-time payment of $500 to older seniors began to leave government coffers, destined for the bank accounts of the country’s wealthiest demographic.
This is the policy equivalent of taking hard-earned money from the pockets of Huey, Dewey, and Louie to add another stack of cash to their great-uncle Scrooge McDuck’s money pool. Meanwhile, Huey is still paying off student loans, Dewey just got laid off by Scrooge’s government-subsidized telecom monopoly, and Louie pays $2,000 a month to live in a basement apartment where he’ll remain until the day he dies, surrounded by aspirational real estate listings and collection notices.
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