Even after earning degrees and building meaningful careers, many younger Canadians are finding financial independence harder to achieve, as milestones like home ownership slip further out of reach. In response, families are stepping in earlier with financial support, changing what independence and opportunity mean today.
Featuring insights from our most recent Summit, our ninth edition of Minerva explores the rise of the “inheritance economy” and how it is redefining generational wealth. We also discuss the broader economic and social forces of today and the growing role of women as stewards of wealth.
INSIDE THIS ISSUE
Below, you can explore individual articles featuring stories that cover wealth creation, transfer, and identity.
THE INHERITANCE ECONOMY
Featuring Dr. Eliza Filby, Author of Inheritocracy
Dr. Eliza Filby explores how the “Bank of Mum and Dad” has become a defining economic force in today’s society. Drawing on themes from her book Inheritocracy, she examines how generational wealth is reshaping housing access, independence, and inequality and what that means looking ahead.
THE TWO PILLARS
Featuring Dr. Rhonda McEwen & Dr. Carolyn Whitzman of the University of Toronto
Historically, higher education and housing have served as two of the most important levers of generational support. Today, both face mounting pressure. In this panel discussion hosted by Investment Counsellor Anne Maggisano, Dr. Rhonda McEwen and Dr. Carolyn Whitzman unpack how these systems intersect and what they reveal about the inheritance economy.
THE POWER OF STARTING EARLY
Featuring Kate Pal of Pal Insurance
It’s never too early to start investing or to think about financial priorities. Kate Pal joins Investment Counsellors Rachel Davies and Meghan Moore to outline practical strategies families can implement across generations.
PASSING IT ON
Featuring Nicole Woodward of Miller Thomson
How do you help your children financially while balancing the complexities of family dynamics, tax efficiency, and your estate plan? In a workshop hosted by Investment Counsellor Lauren Davis Landau, Nicole Woodward tackles succession and legacy by exploring the legal and strategic considerations behind gifting, lending, and building lasting wealth.
BRIDGING GENERATIONS
Featuring Judi Cunningham of Trella Advisory Group
Sustaining wealth requires more than strong investment returns. Thoughtful communication and sound governance are also essential to building and preserving wealth over the long term. To help make this process easier, Judi Cunningham joins Investment Counsellor Jessie Bobinski to lay out the key principles that help families prepare the next generation for both opportunity and responsibility.
THE WISEST INVESTMENT
Featuring Robin Taub, Author of The Wisest Investment
Passing financial literacy down to the next generation may be the most forward-thinking investment you can make. During a workshop hosted by Investment Counsellor Mirjana Vladusic, Robin Taub offers practical guidance on raising money-smart, confident children ready to navigate the realities of the inheritance economy.
THE FOUNDATIONS OF LEGACY
Featuring Helen Antoniou, Author of Back to Beer and Hockey: The Story of Eric Molson
In her conversation with Investment Counsellor Caroline Montminy, Helen Antoniou reflects on how stewardship often begins at home, with values, legacy, and family culture shaping enduring wealth. Drawing on the example of her father-in-law, Eric Molson, and his revival of his family’s storied brewing company, Helen explores how parenting, partnership, and shared purpose help build and sustain a lasting legacy.
THE BOYS ARE NOT ALL RIGHT
Featuring Janice Gross Stein of Munk School of Global Affairs & Public Policy
Janice Gross Stein explores why the rise of angry young men is a critical women’s issue, examining the structural forces behind this trend and its far-reaching social and political consequences.
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