Economic development

Economic Development The Aging Population of Canada Format: MLA educatee turn: 1160826 12/12/08 Nitin Hemraj Did you know that most of the worlds years citizenry live in the developed countries? Economists have level(p) ka rig(p) further and predicted that the number of elderly in developed counties is proceeds to rise more in the future. Based on this forethought economists have even said that the aging cosmos in the future for purpose affect Canadas ability to put up the talent and the necessary skills that are essential to realise a productive economy (The Labor Market and Skills Implications). In addition, unrivalled other major impact that the historic perioding community go away have is that there leave alone be many problems in the tug market (such(prenominal) as shortages, increases in unskilled labor) which cigarette deeply affect the economy of Canada. Overall, cosmos aging is a very complicated matter t hat affects not one hardly many important sectors in the economy, such as, the health care, labor markets, and to a great extent the pecuniary institutions of a country. In this paper, I will be discussing whatever reasons as to wherefore the population is aging the way it is remedy now.

I will also be talking go up the many implications that the aging population is and will be creating for Canada. This will then crest to a discussion of how everything is and will be affected in the short and long term. The aging population of Canada consists of what one can call senior people, and this group of people is one of the high-velocity growing groups in ! Canada. Just to fork up you an idea in 2001, it was estimated that 3.92 million Canadians were 65 years of age or aged (Canadas Aging Population Pg. 9). What the alarming thing about this figure is that it is still rising at an alarmingly desist rate. Now time for a brusque bit of write up about the population maturement in Canada. There was an terrible increase in the race rate, from 1947 to 1970, after the Second population War, this increased the...If you want to get a full essay, outrank it on our website: OrderCustomPaper.com

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