Crucially, creativity is maximized in early adulthood and declines afterward.
Demographics and Entrepreneurship blog series: Understanding how demographics adversely affect entrepreneurship
The share of Canadians between the ages of 30 and 39 has declined 16.6 per cent since the 1980s.
By 2047, the costs of OAS and GIS will increase by an estimated 47 per cent.
Health-care costs are expected to increase by 57 per cent by 2045.
A number of prominent Canadians, including Bank of Canada Governor Stephen Poloz, have raised concerns about the state of business start-ups and entrepreneurship in Canada. There is no question that entrepreneurship is critical to a well-functioning, prosperous economy.
The idea that we are trapped in a “new normal” of slow economic growth has gained currency with many analysts. Proponents list a number of factors allegedly restraining the trend of growth.