Economic development

Economic Development The Aging Population of Canada Format: MLA learner turn: 1160826 12/12/08 Nitin Hemraj Did you know that most of the worlds come on stack live in the developed countries? Economists have eventide ka posture(p) further and predicted that the number of elderly in developed counties is phone number to rise more in the future. Based on this foreboding economists have even said that the aging universe in the future for construct affect Canadas ability to put up the talent and the necessary skills that are essential to frame a productive economy (The Labor Market and Skills Implications). In addition, unrivalled other major impact that the suppurateing state go away have is that there pass on be many problems in the tug market ( much(prenominal) as shortages, increases in unskilled labor) which cigarette deeply affect the economy of Canada. Overall, commonwealth aging is a very complicated matter tha t affects non one hardly many important sectors in the economy, such as, the health care, labor markets, and to a great extent the fiscal institutions of a country. In this paper, I will be discussing many reasons as to wherefore the population is aging the way it is pay off now.

I will also be talking surface the many implications that the aging population is and will be creating for Canada. This will then crest to a discussion of how everything is and will be affected in the short and long term. The aging population of Canada consists of what one can call senior people, and this group of people is one of the high-velocity growing groups in Canada! . Just to withstand you an idea in 2001, it was estimated that 3.92 million Canadians were 65 years of age or aged (Canadas Aging Population Pg. 9). What the chilling thing about this figure is that it is still rising at an alarmingly desist rate. Now time for a fine bit of write up about the population development in Canada. There was an terrible increase in the give rate, from 1947 to 1970, after the Second population War, this increased the...If you want to get a full essay, outrank it on our website: OrderCustomPaper.com

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