Marvin Ryder and Baby Boomers

McMaster University: Ryder told a Stoney Creek Chamber of Commerce audience Thursday that population trends such as aging boomers and waves of immigrants will pave new roads to profits for businesses willing to grab opportunity. "Cashing in on these trends is going to demand a certain nimbleness on the part of businesses," Ryder said, according to Hamilton Spectator. As one example, Ryder noted ages 70 to 80 are the prime years for cancer and heart ailments. With the first wave of baby boomers hitting age 70 this year, McMaster University business professor Marvin Ryder says easy access to hospitals and medical clinics will be the "must haves" of the future. As the enormous population of boomers hits that age range, provincial health budgets will come under pressure, nudging governments to look at privatized services. As a group, he said, boomers are healthier and a lot wealthier than their parents and grandparents. Health services won't be the only business opportunities created by this wave. (www.immigrantscanada.com). As reported in the news.