Economic development

Economic Development



The Aging Population of Canada


Format: MLA


Student turn: 1160826


12/12/08


Nitin Hemraj









Did you know that most of the worlds age people live in the developed countries? Economists have even kaput(p) further and predicted that the number of elderly in developed counties is issue to rise more in the future. Based on this expectation economists have even said that the aging population in the future forget affect Canadas ability to put up the talent and the necessary skills that are essential to build a productive economy (The Labor Market and Skills Implications). In addition, unrivalled other major impact that the ageing population go away have is that there will be many problems in the tug market (such as shortages, increases in unskilled labor) which cigarette deeply affect the economy of Canada. Overall, population aging is a very complicated matter that affects not one hardly many important sectors in the economy, such as, the health care, labor markets, and to a great extent the financial institutions of a country. In this paper, I will be discussing some reasons as to wherefore the population is aging the way it is right now.



I will also be talking near the many implications that the aging population is and will be creating for Canada. This will then crest to a discussion of how everything is and will be affected in the short and long term.
The aging population of Canada consists of what one can call senior people, and this group of people is one of the high-velocity growing groups in Canada. Just to give you an idea in 2001, it was estimated that 3.92 million Canadians were 65 years of age or aged (Canadas Aging Population Pg. 9). What the scary thing about this figure is that it is still rising at an alarmingly desist rate. Now time for a little bit of write up about the population growth in Canada. There was an terrible increase in the birth rate, from 1947 to 1970, after the Second population War, this increased the...If you want to get a full essay, outrank it on our website: Orderessay



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