By Fraser Institute —— Bio and Archives--August 3, 2023
VANCOUVER—Under fast-aging population projections, Canada’s aging population could lower per person GDP, a broad measure of income, by $11,200 by 2043, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Overall, the seniors’ portion of the population in Canada has steadily increased over the past few decades and that number is widely expected to continue to rise, which has serious implications for Canadians and the economy,” said Jake Fuss, director of fiscal studies at the Fraser Institute.
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