Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Tax Base: Cent and Population

tax base: In fact, the percentage of seniors in our population is expected to grow from 19.9 per cent in 2016 to 28.8 per cent in 2030, while our working population declined from 68.4 per cent in 2011 to 65.6 per cent in 2016, according to The Chronicle Herald. This sets the stage for a lower than traditional tax base being used to support a larger than traditional population that requires services delivered from the public purse. That is pretty obvious. All things being equal, this means less people will need to pay more taxes just to tread water. This is not a surprise. Without immigration, this demographic shift, when combined with a low birth rate, shows Nova Scotia with a population that shrinks below 900,000 by 2025. ( As reported in the news.