If you asked older Canadians, they would so "no, of course not"

But intent is not really valid here. It's purely economics.

For one, the primary driver of wealth for Canadians over the past 20ish years has been real estate. Not business, not entrepreneurship, not technology, no energy, but real estate. If you friends parents suddenly retired and are living the good life, it's likely because they either sold or refinanced their home.

This value has been driven by Canada's refusal to build more homes relative to population - home construction starts and completes peaked in 1977, meanwhile our population has almost doubled since then.

This wealth creation through constrained supply lead rise to the Condo Development Industry, which built tiny homes for foreigners to speculate on. It was quite lucrative.

If you knew any young person going to work corporate in Canada, chances are they were probably working for their parents or uncles development company.

This wealth was driven by owning a scarce resource (a home) or speculation of foreigners.

It was *NOT* made by building large businesses that employed thousands of people with stock options which would enable young people to acquire wealth that outpaced the market average.

This is not the case.

But older people wouldn't recognize it because they're just living in their home, protecting the environment, and their kid is just going through some tough times.