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Time and Money: The Challenge of Demographic Change and Government Finances in Canada

Author

Listed:
  • William B.P. Robson

    (C.D. Howe Institute)

Abstract

As a result of demographic change, Canadian governments face a net liability of $1.4 trillion for healthcare, education, seniors' and children's programs. Meeting this challenge will require fiscal discipline, partial prefunding and growth-friendly policies.

Suggested Citation

  • William B.P. Robson, 2007. "Time and Money: The Challenge of Demographic Change and Government Finances in Canada," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 109, December.
  • Handle: RePEc:cdh:backgr:109
    as

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    File URL: https://www.cdhowe.org/time-and-money-challenge-demographic-change-and-government-finances-canada
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    References listed on IDEAS

    as
    1. Mark Jaccard & Nic Rivers, 2007. "Estimating the Effect of the Canadian Government's 2006-2007 Greenhouse Gas Policies," e-briefs 46, C.D. Howe Institute.
    2. David Johnson, 2007. "School Grades: Identifying Alberta’s Best Public Schools," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 104, September.
    3. Michael Smart, 2007. "Lessons in Harmony: What Experience in the Atlantic Provinces Shows About the Benefits of a Harmonized Sales Tax," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 253, July.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. William Robson & Colin Busby & Aaron Jacobs, 2014. "Healthcare and an Aging Population: Managing Slow-Growing Revenues and Rising Health Spending in British Columbia," e-briefs 195, C.D. Howe Institute.
    2. William B.P. Robson, 2008. "Safe Harbours: Providing Protection for Canada's Money-Purchase Plan Sponsors," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 110, January.
    3. William Robson & Colin Busby & Aaron Jacobs, 2014. "Managing Healthcare for an Aging Population: Ontario’s Troubling Collision Course," e-briefs 192, C.D. Howe Institute.
    4. Livio Di Matteo, 2010. "The sustainability of public health expenditures: evidence from the Canadian federation," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 11(6), pages 569-584, December.

    More about this item

    Keywords

    fiscal policy; demographics;

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • I00 - Health, Education, and Welfare - - General - - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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