Canada Prepares for a Sharp Increase in the Elderly Population

The population of Canada aged over 85 could triple by 2073, reaching 4.3 million people. This growth is likely to put new pressures on the country in various aspects.

According to Statistics Canada's projections, by 2073, the population of the country could reach 63 million, with at least 3.3 million being over 85 years old. The aging population and low birth rates will be key factors in population growth, along with increasing immigration.

This trend highlights the need for the country to plan and prepare for an increased demand for elderly care services and support for an aging population. Experts point out that as the number of retirees grows, so does the need for workers in the healthcare and long-term care sectors.

Demographers also emphasize the importance of considering regional differences, as some provinces might see population increases while others could experience declines. This requires the government and society to be flexible and adaptive in addressing the challenges posed by dynamic demographic changes.