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Population Aging and the Maintenance of Social Support Systems

The baby boom generation is now well into middle age, and over the next few decades will reach old age. As the boom generation grows old the costs of maintaining existing social support systems will rise, and the ability or willingness to sustain those systems has been called into question. In this paper we discuss a number of issues related broadly to population aging in Canada and the associated social "costs," including the costs of public services. We conclude that while population-related cost increases should be expected, and reallocations of resources required, the overall increases should be of manageable proportions.

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Paper provided by McMaster University in its series Quantitative Studies in Economics and Population Research Reports with number 320.

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Length: 25 pages
Date of creation: Sep 1996
Date of revision:
Handle: RePEc:mcm:qseprr:320
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