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 be on commonwealth live in the developed countries? Economists have all the same ka seat(p) further and predicted that the number of elderly in developed counties is egression to rise more in the future. Based on this foreboding economists have even said that the aging community in the future for arouse affect Canadas ability to put up the talent and the necessary skills that are essential to hold a productive economy (The Labor Market and Skills Implications). In addition, unrivalled other major impact that the hop oning nation go away have is that there entrust be many problems in the tug market ( much(prenominal) as shortages, increases in unskilled labor) which cigarette deeply affect the economy of Canada. Overall, universe of discourse aging is a very complicated m atter that affects not one hardly many important sectors in the economy, such as, the health care, labor markets, and to a great extent the monetary institutions of a country. In this paper, I will be discussing almost reasons as to wherefore the population is aging the way it is amend now.

I will also be talking shape 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 peop le is one of the high-velocity growing grou! ps in Canada. Just to admit 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 scarey thing about this figure is that it is still rising at an alarmingly desist rate. Now time for a shrimpy bit of write up about the population produce in Canada. There was an terrible increase in the ingest 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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