By OECD. Published by : OECD Publishing
In Canada, the share of folks elderly sixty five and over to the working-age inhabitants will double to forty five% via 2050. Without coverage alterations, this may bring about larger public charges, labour strength shortages, and slower fiscal growth.&n
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Extra info for Ageing and Employment Policies Vieillissement et politiques de l'emploi Canada
AGEING AND EMPLOYMENT POLICIES: CANADA – ISBN-92-64-01244-3 © OECD 2005 CHAPTER 1. 1. Projected trends in dependency ratios, 2000-50 Percentages 220 80 b B. Economic dependency ratio A. Old-age dependency ratio 75 210 Turkey c Italy Japan 70 200 65 190 60 180 EU-15 55 Japan 50 United Kingdom OECD Canada 45 160 EU-15 150 40 EU-15 United States United Kingdom Canada 35 Turkey Sweden EU-15 25 120 Canada 110 15 10 100 Turkey 90 Mexico EU-15 OECD United Kingdom United States Canada United Kingdom United States Canada Iceland Iceland 0 1975 2000 2025 2050 United Kingdom Canada United States OECD 80 5 OECD 130 United Kingdom OECD United States 140 EU-15 OECD United States 30 20 Italy 170 70 1975 2000 Iceland 2025 2050 a) For assumptions on fertility rates and migration see Statistics Canada, Population Projections for Canada, Provinces and Territories, 2000-2026, Catalogue No.
9% in 2050. Health care costs The Canadian health care system has been at the centre of an ongoing policy debate for many years now. The debate has much to do with improving quality, accessibility and securing the financial sustainability of public health care. The debate is further complicated by ageing and its likely impact on future expenditures. On one hand, it has been argued that steady increases in the average age of a population will lead inevitably to increased health and long-term care needs and health care costs.
B. 2). However, between the ages of 55 and 60, participation rates fall substantially – for men they fall by more than 27 percentage points and for women, by more than 35 percentage points. In addition, the most significant decline in participation rates occurs between the AGEING AND EMPLOYMENT POLICIES: CANADA – ISBN-92-64-01244-3 © OECD 2005 CHAPTER 2. 6 For women, there is also a significant drop of nearly 12 percentage points between ages 61 and 62. For men, the decline is initially more gradual after the age of 60 but starts to accelerate from the age of 63, with participation rates declining to less than 30% at age 65.
Ageing and Employment Policies Vieillissement et politiques de l'emploi Canada by OECD. Published by : OECD Publishing