Aging, Retirement, and Pensions

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in Alberta

The Implications of an Aging Population for Government Finances in Alberta is a new study that finds health-care expenditures in the province will increase by an estimated 5.6 per cent annually (on average) over the next 20 years, and as a result of Alberta’s changing demographics, the province may not balance its budget until at least 2040/41 unless it makes changes to its spending.

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in the Prairies

The Implications of an Aging Population for Government Finances in the Prairies is a new study that finds health-care expenditures in Saskatchewan and Manitoba will increase by an estimated 5.4 per cent and 4.9 per cent annually (respectively, on average) over the next 20 years, and as a result of the provinces’ changing demographics, they may not balance their budgets until at least 2040/41 unless changes to spending are made.

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in Atlantic Canada

The Implications of an Aging Population for Government Finances in Atlantic Canada is a new study that finds health-care expenditures in the region will increase 4.2 per cent in New Brunswick, 4.7 per cent in Nova Scotia, 5.1 per cent in Newfoundland & Labrador, and 5.6 per cent in Prince Edward Island annually (on average) over the next 20 years. As a result of the region’s changing demographics, none may balance their budget until at least 2040/41 unless changes are made to spending.

— Nov 23, 2021
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The Implications of an Aging Population for Government Finances in British Columbia

The Implications of an Aging Population for Government Finances in British Columbia is a new study that finds health-care expenditures in the province will increase by an estimated 4.2 per cent annually (on average) over the next 20 years, and as a result of British Columbia’s changing demographics, the province may not balance its budget until at least 2040 unless it makes changes to its spending.

— Nov 9, 2021
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The Implications of an Aging Population for Government Finances in Ontario

The Implications of an Aging Population for Government Finances in Ontario is a new study that finds health-care expenditures in the province will increase by an estimated 4.1 per cent annually (on average) over the next 20 years, and as a result of Ontario’s changing demographics, the province may not balance its budget until at least 2040/41 unless it makes changes to its spending.

— May 6, 2021
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Canada’s Aging Population and Income Support Programs

Canada’s Aging Population and Income Support Programs is a new study that finds from 2020 to 2030, as a result of the growing number of seniors in Canada, the cost of Old Age Security and the Guaranteed Income Supplement will increase by almost 70 per cent, from $60.8 billion to over $103 billion.

— Mar 25, 2021
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Aging and Expenditures on Health Care

Aging and Expenditures on Health Care is a new study that finds Canadians over the age of 65, who are projected to make up 23.4 per cent of the population by 2040, will account for 71.4 per cent of total health care expenditures in that year. And in fact, health care spending is projected to grow by 88 per cent from 2019 to 2040 as a result of the growing number of Canadians aged 65 and older.

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