Canada's working-age population is older than ever, StatsCan says
Statistics Canada says even large-scale immigration will not be enough to soften blow of aging workforce.
Canada's working-age population is older than it has ever been, with more than one in five working adults now nearing retirement in a demographic shift that will create significant challenges to the Canadian workforce in the coming decade, according to new census figures released Wednesday.
In 1966, there were 200 people aged 15 to 24 for every 100 Canadians aged 55 to 64, but that has now been flipped on its head. In 2021, there were only 81 people aged 15 to 24 for every 100 Canadians in the 55 to 64 age group.
