VANCOUVER—Canada is out of step with most major industrialized countries—and all other G7 countries—which are raising the age of eligibility for public retirement programs, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Like every other high-income country, Canada’s population is aging, but unlike most of our peers, Canada is doing very little to prepare for the greying of society,” said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Age of Eligibility for Public Retirement Programs in the OECD.