Today’s episode is a feed swap with Hard Truths, the podcast from Generation Squeeze, whose founder Dr. Paul Kershaw you might remember from our housing episode.

In this conversation, Paul shares surprising new data: home ownership among young Canadians (under 35) has climbed to 44%—the highest level in five decades—with 18% owning mortgage-free. What does this means for the future? Canada is shifting away from a meritocracy toward a kind of landed aristocracy—where access to secure housing and wealth increasingly depends on the family you’re born into.