This article explores perceptions of intergenerational conflict (IC) in ethnically diverse Canadian ageing families using mixed methods. Building on a lifecourse theoretical framework and an intergenerational stake hypothesis, we examine a number of family-related dimensions. Data are drawn from in-depth interviews with 490 parents (mean age of 58) with at least one young adult child aged 18 to 35 living in Metro Vancouver, British Columbia belonging to one of four ethnic groups: British, Chinese, South Asian or Southern European Canadians. Results reveal that most parents do not report problematic levels of IC and that they often share similar issues of conflict. Congruence in parent-child value orientations is also more typical than dissimilarity. Yet, there is also diversity in experiences that are shaped by societal norms and expectations, ethnocultural heritage, financial circumstances and generationally based value systems. Findings are discussed in terms of theoretical and practical implications for professionals interested in IC and ethnic families.