You can change tax policies all you want, you are not going to get people to put money away for a rainy day. Who is going to save for their old age hospice when they can get a new big screen TV today?
Preaching personal responsibility is nice when you are dealing with a personally responsible society. Based on the above study, that wouldn't be an adjective for the Canadian populace.
Personally, I'm guessing that the boomers will not have near enough money to pay for their retirement and the government will go bankrupt dealing with their health care costs, so we Gen-X and Gen-Y folks will end up paying for their extravagances. And their personal debts. And the federal, provincial and municipal debts they have built up.
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