Growing up: The Social and Economic Implications of an Aging Population
AbstractThe Canadian population is aging more rapidly than ever before, and that trend has widespread implications for a number of different aspects of Canada's society. This paper explores the possible impact of an aging population on health systems, labour supply, intergenerational relationships, and social and private income security programs. The analysis shows that a number of actions can be taken in the immediate future to alleviate pressures caused by this aging trend. Highlights include the creation of a seniors’ health account, the elimination of mandatory retirement, phased-in retirement options and increased personal retirement financial planning.
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Bibliographic InfoPaper provided by Certified General Accountants Association of Canada in its series Working Papers with number 050101.
Length: 126 pages
Date of creation: Jan 2005
Date of revision:
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Web page: http://www.cga-canada.org
More information through EDIRC
population aging; health expenditures; aging labour force; retirement; private income security programs;
Find related papers by JEL classification:
- H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
- H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- D14 - Microeconomics - - Household Behavior - - - Personal Finance
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