The Globe and Mail reports in its Friday edition that between wage stagnation, the lacklustre job market and the rising cost of living, young Canadians are financially overwhelmed. Guest columnist Janine Rogan writes, however, there's a major wealth transfer unfolding in Canada. According to Toronto-Dominion Bank, baby boomers are sitting on almost 50 per cent of wealth in Canada -- $9.3-trillion. The real question isn't whether that money will exchange hands, it's whether the wealth will be passed down in time to matter to the millennials and Gen Zs inheriting it. A 2023 Ipsos survey of 1,500 Canadians highlights a striking gap between intentions and expectations for the transfer of this wealth. Baby boomers plan to leave an average inheritance of $940,000 to millennials. For a family that decides to give early, the effect on the adult children can be massive. Receiving a $300,000 inheritance in your 30s or 40s could allow a young family to move directly into their forever home. It could mean erasing more than half of a typical mortgage, which in mid-2026 cost an average of $674,819, dramatically reducing financial stress and monthly fixed costs. It could even make part-time work or work-optional living possible.