Cooper Financial Group Victoria

Baby boomers who plan to pass on all their assets to their millennial children expect to leave an average inheritance of $940,000, according to a survey from Sun Life Financial Inc., conducted by Ipsos. That figure is even higher among those working with a financial adviser, the survey said, with those boomers expected to leave just over $1 million to their children.

Baby boomers expect to leave $1 million or more to their kids — much to millennials' surprise Millennials aren't prepared for the windfall they're about to inherit.

Inflation slows to 3.4% in May, taking pressure off Bank of Canada to hike in July The rate of inflation slowed in May, with the consumer price index increasing 3.4 per cent year over year, Statistics Canada said on June 27.