Topic > A Report on Canada's Aging Population - 2340

1 INTRODUCTION Canada's population is aging at a steady rate, adding thousands of seniors over the age of 65 to the population rankings year after year. This segment of the population requires special attention due to its social, emotional, health and housing needs. The continued growth of the aging population is putting pressure on the economy, the healthcare system and the living space of older people. Planners and politicians must pay immediate attention to the problem as it will affect all Canadians for years to come. The aging population is indeed a problem for society and will probably cause many social and economic difficulties in the future. According to David Foot (2003), professor of Economics at the University of Toronto, an effective birth rate of 2.2% against the current 1.75% will be necessary to replace the current workforce in the near future and the policy of government to welcome more immigrants will be necessary. they ultimately fail (Foot, 2003, 2). However, some predict that the increased size of the aging population will spur growth in the home, healthcare, and many other sectors, resulting in job creation and economic growth (Marketwire, 2013, 1). The majority of people are of the opinion that the issue will mainly affect healthcare and economic activity. As humans age, they begin to develop health problems, which lead to more visits to a medical clinic, further burdening the healthcare system. To address the problem of the aging population, an awareness campaign should be launched on the health problems that commonly affect older people. be managed by government and non-governmental agencies. Furthermore, young people should be made aware of welcoming the elderly; at home as well as at work...... middle of paper ......derly at work and at home will improve their mental and social well-being. The aging population will affect every single Canadian citizen. No citizen wants a tax increase; However, if no strategy is set to combat the problems of an aging population, Canadians will see tax increases causing frustration. Implementing these strategies will not only make seniors happy but will also keep them healthy. The healthier an individual is, the lower the medical expenses will be, so why not start investing in this project that can save citizens several tax dollars. The results obtained in the primary research strengthen the support of the presented strategies. Most participants understand the possible economic and health issues that an aging population will bring with it, so starting to address this topic sooner will be beneficial to Canada's future.