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This is a challenge best confronted now, before the first wave of babyboomers begins to draw heavily on long-term care programs, in about 15 years' time
"Canada's response so far, like those in the US and EU, doesn't go far enough and arguably goes in the wrong direction by adding another layer of cumbersome regulation,"
A passport system - which would harmonize and allow for mutual recognition of regulatory requirements - could be implemented between the national regulator and Quebec.
"Tax increases have a negative effect on economic activity and incomes, especially for high-income earners who tend to be more responsive to tax changes,"
The winners are high-flying employees who are likely to enjoy pensions that, at retirement, exceed the value of accumulated employee and employer contributions
"The trend towards later retirement will significantly reduce, although not entirely offset, the much-discussed negative macro-economic and labour-market effects of population aging,"
Strategic opportunity to significantly diversify the market for its high-value-added goods, services and skills, and to increase the attractiveness of its economy for investors