"Right now, there are five Canadians working for every retiree and that's going to fall by almost half to 2.7 by 2030. "

and, if you look at net wealth, you see that the average baby boomer is worth two to three times that of the average gen xer.

the reality is that the boomers have all the wealth. part of understanding the generational shift is understanding the shifts in wealth. the image of the impoverished pensioner that developed in the 80s and 90s was largely a consequence of the boomers taking over their parents' wealth, and then not giving any back; now, when they reach that age themselves, they will hoard it as long as they can, and refuse to pass it down.

the way to care for the boomers is to tax the boomers. tobin taxes are probably the best option. and, they should really remove tax breaks like income splitting, too. when you look at hard numbers with a sober mindset, you'll see that there really isn't a problem at all - except that they're not paying their share, and truly never have.

www.huffingtonpost.ca/2015/10/13/national-seniors-strategy-canada-election-eldercare_n_8260078.html