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Canada’s Aging Population and Income Support Programs
There are two major taxpayer-funded income support programs for Canadians aged 65 and older: The Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) programs. The absolute number of individuals in Canada aged 65 and older is ...
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Health-care spending may spike by 88 per cent due to Canada’s aging population
Canadians aged 65 and older will account for a projected 23.4 per cent of the population in 2040. ...
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Aging and Expenditures on Health Care
Health care is the single largest budget item for every provincial government in Canada. Per-capita spending on health care is substantially higher for individuals aged 65 and older than for younger individuals, and the disparity increases ...
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Trudeau government ignores implications of Canada’s aging population at our peril
Appeared in the Toronto Sun, September 23, 2020 Today’s throne speech in Ottawa will likely include key aspects of the Trudeau government’s economic plan for next year and beyond. Big spending items such as “green” infrastructure, housing, childcare, a ...
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Canada’s Aging Population and Long-Term Projections for Federal Finances
Canada’s fiscal challenges extend far beyond just the short-term impact of COVID-19. An aging population will continue to place upward pressure on federal finances and a new structural imbalance between revenues and spending means deficits and ...
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Stemming the demographic tide on U.S. entrepreneurship
Appeared in Calgary's Business, June 20, 2018 Entrepreneurship is part of the American DNA and broadly recognized as the basis for improved living standards through innovation and technological progress. Unfortunately policymakers in Washington and ...
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Why we need reform to support entrepreneurship in Canada
Appeared in the National Newswatch, June 2, 2018 The ability to increase living standards primarily comes down to one thing: being more productive. Individuals and societies collectively can only improve their living standards if they become better (i.e. ...
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Stemming the demographic tide on entrepreneurship in Canada
Appeared in the Globe and Mail, May 17, 2018 Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress—and subsequently, a driving force for improved living standards. Yet there’s little ...
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Demographics and Entrepreneurship: Mitigating the Effects of an Aging Population
Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress—and subsequently, a driving force for improved living standards. Yet there’s little discussion, let alone action, among governments in ...