Because retired people save less money than working people, Canada will rely more on foreign savings to finance domestic investments.
demographics
Canada’s employment rate has steadily declined since December 2017—from 62.0 per cent to 61.5 per cent.
The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion.
Ontario’s population may grow by 30 per cent, from 14.2 to 18.5 million.
By eliminating capital gains taxes, the government could help strengthen the incentives for people to start and grow businesses.
In nine developed countries including Canada, immigrants are more than 20 per cent more likely to be self-employed than the native population.
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
Startup businesses often introduce new products and new ways of doing business into the economy.
The entrepreneur played a prominent role in the work of the classical economists, particularly in the French tradition.
The percentage of the U.K population between the ages of 30 and 39 is expected to decline to around 12 per cent by the 2040s.