May 11, 2018

Today we’re going to look at the work underway to understand and address the implications of an aging population.

By 2050, 31 per cent — nearly a third of all Canadians — will be 60 or older. Here are five takes on the economics of Canada's aging population.

 

 

 

 

 

5 on Friday -Aileen Murray on Vimeo.

5 takes on the economic implications of Canada's aging workforce

What the census tells us about Canada’s aging population - This article from McLeans magazine provides an overview of the Census findings related to the aging population. Among the highlights: seniors exceed children for the first time, the population is older in eastern Canada and younger in the west and north and while Canada is aging there are many other countries that are older.  
http://www.macleans.ca/news/canada/what-the-census-tells-us-about-canadas-aging-population/

Upside of Canada’s aging population - This article and report looks at the good news related to our aging population.  People are staying healthier longer. Aging populations have higher education and productivity levels. The older population is also better equipped to fund their retirement and people enjoying more leisure time.
https://www.theglobeandmail.com/life/health-and-fitness/health/the-upside-to-canadas-aging-population/article20769416/
http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0108501

Ageism is becoming an issue for corporations - This article delves into a study on the rising challenges of agism and the large share of employees making judgements on their co-workers abilities based on their age alone.  
https://www.theglobeandmail.com/business/careers/leadership/article-ageism-is-becoming-a-major-issue-for-corporations/

Seniors and entrepreneurship Here is a link to Ontario Centre for Workforce Innovation. The organization is identifying the challenges facing older workers and providing them with training and resources to help develop entrepreneurship, with a view to increasing entrepreneurial activity among Ontario’s fastest-growing demographic.
http://www.ocwi-coie.ca/femaow/

SHIFT Nova Scotia’s Action Plan for an Aging Population This provincial strategy has two over-arching goals:   Valuing the social and economic contributions of older adults and supporting aging in place while connecting to community life.
https://novascotia.ca/shift/