2011 Census Numbers: The Baby Boom In Canada

Inflection Point Dept: But the release of new 2011 census numbers this week will show that the period of peak people is about to end. Canada s demographics are at an inflection point, as the number of people of retirement age begins to grow at a faster rate than any other group in the next few years, according to Globe and Mail. But much of its current advantage is explained by the relatively large size of the baby boom in Canada, according to Western University demographer Rod Beaujot. That advantage is about to erode. As the baby boom retires, the ratio of the employed to the not-employed will fall, possibly for a very long time. This is the golden age, according to McMaster University economist Arthur Sweetman. This country is still in much better demographic shape than nearly any other in the G8, with only about 14 per cent of its population over 65, compared with more than 20 per cent in Japan, Germany and Italy. And with nearly 70 per cent in the working ages of 15 to 64, Canada ranks ahead of all of those nations except Russia. (www.immigrantscanada.com). As reported in the news.