Canada's Ageing Population

Paper Summary:

This paper explains that, as in other countries, due to increased birthrates in the mid twentieth century, combined with relatively low birthrates in modern society, Canada is experiencing population aging. The author points out that this demographic shift creates a situation in which potential problems regarding economic stability are created and in which the workforce does not have enough manpower to support the aged population. The paper suggests that increasing immigration rates and implementing social programs may assist in helping balance this situation.

From the Paper:

"This Health Canada report proceeds to stress the complexity of aging population issue, as it concerns not only the well-being of today's older Canadians but also broader areas and sectors that affect the entire population, including health, labour markets and public finances. They stress the fact that all levels of government are needed to work together in establishing a defensive front to safeguard the economy. Health Canada provides a detailed list of the challenges that Canadian society will face in recent years and how to properly adapt to work with these changes."

Sample of Sources Used:

• Belanger, A. 2005. "Population Projections: 2005-2031" in The Daily, Statistics Canada.http://www.statcan.ca/Daily/English/051215/d051215b.htm
• Gee, M. 2006. "Pensions and Population Aging: Reframing the Challenge of the Baby Boom" Simon Fraser University, Burnaby B.C.
• Health Canada, Interdepartmental Committee 2006. Canada's Aging Population: Aging and Seniors Issues.http://www.phac-aspc.gc.ca/seniors-aines/pubs/fed_paper/pdfs/fedpager_e.pdf
• Hiller,Harry.2006. Canadian Society: A Macro Analysis, Pearson Prentice Hall, Toronto. Pp. 30-34
• Lee, M 2007. "Demographic Apocalypse 2020?" in Relentlessly Progressive Economics.

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