Is the "OK Boomer" Meme Realistic for Major Public Transfers in Canada? Intergenerational Equity and Long-Run Public Policy in Canada

It does so by integrating recent data on incomes, taxes, cash, and in-kind transfers via publicly funded health care with Statistics Canada's official demographic projections. Our results show major transfers from males to females, as well as larger transfers from rich to poor, than between generations. Still, Canada's projected population aging raises issues of fiscal sustainability. To address these fiscal imbalances, addressing projected cost increases in the health care sector are more important quantitatively than public pensions. Still, there are potentially feasible scenarios to address these longer run fiscal concerns without impairing either population health or the anti-poverty roles of public pensions.