Aging, Retirement, and Pensions

— 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.

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