I'm glad you raised the example of millennials. I know you're talking about your own sons, but I think it goes to a larger point. There needs to be some myth busting about the habits of millennials. Millennials save, and furthermore, they also want to buy homes.
You might recall a few years ago there were theories being put forward by academics like Richard Florida. This is not to disparage his work, because I think he and others who have talked about the creative class are on to something, and it is serious academic work that they've carried out. But one of the arguments they brought forward was that millennials didn't want to buy homes. They didn't want to drive cars. Specifically with relation to home ownership, the idea was that they were very happy to rent a loft or something along those lines. As long as they were downtown with transit nearby and good access to arts and culture, they would be happy.
As it turns out, and as you've made clear today, millennials want to buy homes. They wish to save. Therefore, increasing the RRSP withdrawal limit is a prudent measure. I mean, you don't have to confirm that; you've made that clear today.