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This paper examines some of the key points of Canada's aging workforce.
The Aging Population
Canada's population is aging due to declining birth rates and lower elderly mortality leading to increased life expectancies. According to Statistics Canada, the 2006 census data shows the population of Canadians over 65 has grown by 11.5% in the past five years while those under 15 have declined by 2.5%. The over 65 group now makes up 13.7% (Saskatchewan has the highest at 15.4%) and the under 15 is 17.7% of the total population, records in both directions. (1)
While the total population remains fairly stable the average age will be increasing in the future...
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