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Faster, Younger, Richer? The Fond Hope and Sobering Reality of Immigration's Impact on Canada's Demographic and Economic Future

Author

Listed:
  • Robin Banerjee

    (former C.D. Howe Institute Analyst)

  • William B.P. Robson

    (C.D. Howe Institute)

Abstract

More and younger immigrants cannot, on their own, offset the impact of low past fertility on Canadian workforce growth, old-age dependency, and incomes per person. Later retirement, higher fertility, and faster productivity growth are more powerful tools to ease the stress of demographic change on Canadian living standards.

Suggested Citation

  • Robin Banerjee & William B.P. Robson, 2009. "Faster, Younger, Richer? The Fond Hope and Sobering Reality of Immigration's Impact on Canada's Demographic and Economic Future," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 291, July.
  • Handle: RePEc:cdh:commen:291
    as

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    File URL: https://www.cdhowe.org/public-policy-research/faster-younger-richer-fond-hope-and-sobering-reality-immigrations-impact-canadas-demographic-and
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    References listed on IDEAS

    as
    1. Carl Schmertmann, 2012. "Stationary populations with below-replacement fertility," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 26(14), pages 319-330, April.
    2. Charles M. Beach & Alan G. Green & Christopher Worswick, 2007. "Impacts of the Point System and Immigration Policy Levers on Skill Characteristics of Canadian Immigrants," Research in Labor Economics,in: Immigration, volume 27, pages 349-401 Emerald Publishing Ltd.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Patrick Georges, 2012. "Trade Diversification Away from the U.S. or North American Customs Union? A Review of Canada’s Trade Policy Options," Working Papers 1205E, University of Ottawa, Department of Economics.
    2. Peter Hicks, 2012. "Later Retirement: the Win-Win Solution," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 345, March.

    More about this item

    Keywords

    economic growth and innovation; immigration; demographics; aging;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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