Question #120141

How does aging population effect Canada

Expert's answer

On the one hand, the aging population in Canada may slow down the economic growth. On the other, "marked pressure will be placed on programs sensitive to demographics such as health care and income support programs for senior" (Jackson, Clemens, 2017).

Reference:

Jackson, Clemens (2017). Canada’s aging population is going to put a strain on government coffers. Macleans.ca.



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