What Share of the Canadian Population Is Now Over the Age

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The Answer is As of my knowledge cutoff in early 2023, approximately 18% of the Canadian population is over the age of sixty-five. This demographic has been steadily increasing over time due to a combination of longer life expectancies and the aging of the large baby boomer generation, which refers to those born in the post-World War II era, from 1946 to 1964.

The trend over time shows that the proportion of the population aged 65 and over has been rising. In the past few decades, Canada, like many other developed countries, has experienced a demographic shift towards an older population. This trend is expected to continue as the baby boomer cohort moves into the 65 and over age bracket, and as advances in healthcare and living standards contribute to longer lifespans.

Statistics Canada projects that by 2030, the proportion of seniors could reach 23% of the population, reflecting the ongoing demographic shift. This has significant implications for various aspects of Canadian society, including healthcare, pensions, and the labor market, as the country adapts to an aging population.

What Share of the Canadian Population Is Now Over the Age

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What Share of the Canadian Population Is Now Over the Age

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Correct Answer:Answered by ExamLex AIShow Answer

Correct Answer:
Answered by ExamLex AI