Aging population in Ontario leads to persistent deficits and increased health-care spending
The Implications of an Aging Population for Government Finances in Ontario
By Fraser Institute —— Bio and Archives--November 9, 2021
Canadian News, Opinion | Comments | Back To Full Article
TORONTO—Ontario’s senior population will reach nearly 24 per cent of the total population by 2043, leading to persistent budget deficits and increased health-care spending, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Ontario’s aging population will only put more pressure on provincial finances in the coming years,” said Jake Fuss, senior economist at the Fraser Institute and co-author of The Implications of an Aging Population for Government Finances in Ontario.
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