Class Notes (836,562)
Canada (509,854)
Health Sciences (2,082)
Lecture 8

Lecture 8 Readings - Health and Aging

1 Page
61 Views
Unlock Document

Department
Health Sciences
Course
Health Sciences 2000A/B
Professor
Leichelle Little
Semester
Winter

Description
LECTURE 8 READINGS: HEALTH AND AGING Economic and Fiscal Implications of Canada’s Aging Population • The Demographic Challenge o As a result of significant improvements in life expectancy and significant drop in fertility rate, Canadian population has gradually become older over the past decades o However, with oldest members of the baby boom generation now reaching retirement age, the aging of the Canadian population is soon set to accelerate o Ratio of the elderly to the working-age population is expected to nearly double over next 20 years o While population aging is a worldwide phenomenon, Canada is expected to age more rapidly than most other countries o As a result, while Canada currently has a lower ratio of elderly to working-age population than most other countries in the Organisation for Economic Co-operation and Development (OECD), accelerated population aging is expected to push the ratio in Canada above the OECD average by 2030 o A higher fertility rate and higher levels of immigration could help slow population aging but would not prevent it • Economic Implications o Aging of Canada’s population will soon slow labor force growth o Over next 20 years, number of working-age Canadians for every senior will fall from about 5 today to 2.7 by 2030 o Unless productivity growth and labor market participation improve, population aging is expected to lead to significantly slower inc
More Less

Related notes for Health Sciences 2000A/B

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit