This week’s federal budget projects the net cost of new government spending to be nearly $39 billion over the next six years — and much of it favours Millennial and Generation Z voters.
The 400-page budget, entitled Fairness for Every Generation, seeks to improve the lives of younger Canadians, especially parents struggling to raise children among rocketing costs of living.
“Canadians of my generation and older Canadians have a desire to see younger Canadians succeed and have the opportunities we enjoyed,” Deputy Prime Minister and Finance Minister Chrystia Freeland told reporters at a press conference.
“And for too many young Canadians, that is too hard.”
Many of these younger voters have said they plan to support Pierre Poilievre’s Conservatives in the next federal election. The Liberal government has put these voters front-and-centre in the 2024 budget.
“Budget 2024 takes action to ensure Canada’s social safety net works for every generation, especially Millennials and Gen Z,” the budget says.
