Our New Normal: Exploring the Generational Realities of Money, Career and Life in Canada

Our New Normal: Exploring the Generational Realities of Money, Career and Life in Canada
Podcast Description
Our New Normal: Exploring the Generational Realities of Money, Career and Life" reflects the evolving landscape of economic and social experiences that differ significantly across generations. In the past few decades, the traditional paths to financial stability, career progression, and life fulfillment have shifted in profound ways.For older generations, stability was often tied to long-term employment with a single company, homeownership, and a clear roadmap to retirement. They built careers on a foundation of loyalty, where pension plans and job security were cornerstones and obviously, fully expected. In contrast, younger generations, particularly Millennials and Gen Z, are navigating a gig economy, where job security is elusive, and career paths are often long and winding roads. The rise of remote work, freelancing, and entrepreneurship has redefined success, leading to a sense of flexibility, but also uncertainty.Financially, the rising cost of education, housing, and healthcare has made it increasingly difficult for younger generations to achieve the same economic milestones as their parents and grandparents. Homeownership, once a symbol of financial success in Canada, has become a distant dream for many due to skyrocketing property prices and student debt. The wealth gap continues to widen, with many younger people feeling the weight of economic instability.At the same time, there's a growing shift in what defines a fulfilling life. Younger generations are prioritizing experiences, mental health, and work-life balance over the conventional pursuit of wealth and material success. "Our New Normal" is characterized by adaptability, resilience, and a reimagining of what truly matters in both personal and professional spheres, at all ages.
Podcast Insights
Content Themes
The podcast focuses on the intersecting themes of money, career, and life, with episodes exploring topics such as the shift from traditional employment to gig economies, generational disparities in financial stability, and the redefinition of success. For instance, Episode 1 discusses Canada's economic challenges and opportunities while addressing the impact of immigration and trade policies on various demographics.

Our New Normal: Exploring the Generational Realities of Money, Career and Life” reflects the evolving landscape of economic and social experiences that differ significantly across generations. In the past few decades, the traditional paths to financial stability, career progression, and life fulfillment have shifted in profound ways.
For older generations, stability was often tied to long-term employment with a single company, homeownership, and a clear roadmap to retirement. They built careers on a foundation of loyalty, where pension plans and job security were cornerstones and obviously, fully expected. In contrast, younger generations, particularly Millennials and Gen Z, are navigating a gig economy, where job security is elusive, and career paths are often long and winding roads. The rise of remote work, freelancing, and entrepreneurship has redefined success, leading to a sense of flexibility, but also uncertainty.
Financially, the rising cost of education, housing, and healthcare has made it increasingly difficult for younger generations to achieve the same economic milestones as their parents and grandparents. Homeownership, once a symbol of financial success in Canada, has become a distant dream for many due to skyrocketing property prices and student debt. The wealth gap continues to widen, with many younger people feeling the weight of economic instability.
At the same time, there’s a growing shift in what defines a fulfilling life. Younger generations are prioritizing experiences, mental health, and work-life balance over the conventional pursuit of wealth and material success. “Our New Normal” is characterized by adaptability, resilience, and a reimagining of what truly matters in both personal and professional spheres, at all ages.
Taxes in Canada don’t have to be confusing. In this episode of The Podcast Masterclass, we break down Canadian Taxes 101 — what they are, how they work, and smart tax planning tips for students, couples, and retirees. ✅ What is a tax and how is it calculated? ✅ The different types of taxes Canadians pay — from income to sales to property ✅ How students can benefit from tuition credits and GST/HST rebates ✅ Tax-saving strategies for married couples and families, including RRSPs, RESPs, and the Canada Child Benefit ✅ Retirement tax planning: pension income splitting, RRIF withdrawals, age credits & OAS clawbacks 📌 Whether you’re just starting out or planning your retirement, this episode is packed with practical advice to help you make the most of your tax return. ⚠️ Disclaimer: This podcast is for general information only and does not constitute tax advice. Tax rules change frequently, and everyone’s situation is different. 👉 Visit Canada.ca or call CRA at 1-800-959-8281 for up-to-date information. Speak with a licensed CPA or tax professional for personalized guidance. 🎙️ Tune in to gain confidence with your taxes—at every age! #CanadianTaxes #TaxPlanning #FinancialLiteracyCanada #IncomeTaxCanada #StudentTaxes #FamilyFinance #RetirementPlanning #PodcastMasterclass Join this channel to get access to perks:

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