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'A trillion-dollar tsunami': Canadians grapple with unprecedented wealth transfer

Summary by CBC News
The Chartered Professional Accountants of Canada said in 2023 that $1 trillion of wealth was expected to move between Canadian baby boomers and their millennial and Generation X children from 2023 to 2026.

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Radio-CanadaRadio-Canada
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’A trillion-dollar tsunami’: Canadians grapple with unprecedented wealth transfer

Aging baby boomers are passing down a record amount of money to their children

·Montreal, Canada
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CBC NewsCBC News
Lean Left

'A trillion-dollar tsunami': Canadians grapple with unprecedented wealth transfer

The Chartered Professional Accountants of Canada said in 2023 that $1 trillion of wealth was expected to move between Canadian baby boomers and their millennial and Generation X children from 2023 to 2026.

·Canada
Read Full Article
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  • 100% of the sources lean Left
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CBC News broke the news in Canada on Wednesday, February 19, 2025.
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