GG102 Lecture Notes - Lecture 16: Watson Wyatt Worldwide, Core Countries, Toronto Star
Document Summary
Unfortunately, the group that is not doing so well is growing steadily: already, 20 % of canadian seniors live below the statistics canada low-income cut-off. One solution that has been proposed to stem the decline in the number of working-age people in canada has been immigration. To maintain the current levels, canada would need at least. 300,000 immigrants each year - that is more than 50% higher than the current number of. Alas, most other core countries are going through the same collective "greying" of their populations. This means that they will be unlikely to send skilled immigrants to canada. In fact, they are more likely to enter into competition with canada for the "best" immigrants. Spain, for example, has experienced such a dramatic drop in birth rates that it will require at least one million immigrants annually for the next fifty years to stop its population from "greying. "
