Essay on Canadian's Aging Population

However, after the CPP came into effect, Pearson had changed their low status into a higher one. This pension plan compelled workers to save for the future and thus allowed the senior population of workers to live a prosperous life with guaranteed income. With more money, seniors could maintain the possessions and assets that they had prior to retirement and not have to give them up due to their impoverished situation and need for more money. Likewise, they would not have to sacrifice as much of their daily habits and pleasures because they could not afford to partake in them. However, seniors were not the only individuals who experienced positive change because of this plan, so did the workers themselves. Employees felt a sense of safety and satisfaction when going about their lives since they knew that their financial future was more promising than bleak. With this plan, Pearson subdued most of the anxiety that workers would experience when contemplating their future by forcing them to constantly secure their own future. Thus, based on Lester B. Pearson’s contribution to the making of universal healthcare in Canada as well as the Canadian Pension Plan, it can be concluded that Pearson positively changed the health, mental and economic well-being of all

Aging is inevitable, with age comes certain conditions, and diagnoses that affect healthy aging in Canadians. In Canada, and across the world, there are institutions that help care for people with these diagnoses. Nurses are one of the members of the health care team, and they help to try and reduce risks that can exist in aging Canadians. The purpose of this paper is to explore the risks of malnutrition in aging Canadians living in institutions who have vascular dementia.

As we begin to enter an aging America many positive effects will foreshadow, like having more experienced workers, changing perceptions of how we think of the aged and aging, them being active in the community, and obtaining their place in society. In observing the history and how far we have come along with regards to our views, government funding’s, and where they will live can only improve as future elderly come into existence. So much as 40 years into the future there perhaps will be modifications to reduce working hours to 4 days a week. Changes like this would shift our demographic work style that would ease us into our older years and living longer and happier lives. This growing demographic that’s estimated in the future will play a

The number one concern of governments is to ensure that they stay in office. In order to do this, they must secure votes. A government who is looking at voter turnout statistics will notice that individuals of older generations are significantly more likely to vote than those of younger generations (The aforementioned 70% vs. >50%). This means that a government most interested in securing votes and support for the next election will look to do so from the largest voter base. In other words, the government will take into consideration the wants and needs of the aging members of the population before the rest of the population. This may cause more government emphasis on securing a better pension plans (CPP, OAS, or GIS), better health care for seniors (as will be discussed later on), and on other issues which are important to this population. For instance, in 2009, OAS (Old Age Security) cost $27.1 billion, and GIS (Guaranteed Income Supplement) cost $7.7 billion. (http://www.parl.gc.ca/content/lop/researchpublications/cei-07-e.htm) This major government emphasis on the needs of the baby boomers costs Canada money that may’ve been used in a more productive way to benefit the entire nation, such as improving our degrading infrastructure (roads, bridges, etc.)

In Canada, most people with conditions usually choose to have only one child and lead to a drop in the natural population growth rate. While older workers are retired, the newly added workforce slows down the entire workforce to an alarming level. The low birth rate and the aging of the population are a worrying concern for Canada. Carrollton University economics professor Frances Woolley warns that

In Canada it is impossible to survive without working or having a way in which you are able to provide for yourself and your family. In today’s society everybody is in search of a job that requires minimal effort and includes outstanding benefits and pay. In this current economy it is very challenging since the hiring process is very selective and very prejudice. On top of that there are many additional things that do not allow us to achieve those preferred jobs or professions. Over the next 10 to 15 years, the most important demographic changes that will affect Canadian employers and workers are: an aging workforce, a better educated workforce, and immigration with greater workforce Diversity.

4 Statistics Canada has utilized a computer model for the purpose of gaining retirement readiness information from households. This model calculates the net replacement ratio, which is further compared with disposable income once the person has reached retirement, as well as preretirement. The replacement ratios for each household 's income is broken down, with a 75% rate being considered tolerable and low. The ideal rate, however, is above at least 95%. The small percentage of Canadians who have a readiness score that is under 75% are generally employees with a spotty employment record, or those who have not yet lived in Canada long enough for a full Old Age Security (OAS) and Guaranteed Income Supplement (GIS) benefit. Therefore, increasing the overall amount of household savings is going to do a lot more damage than good. This is because having savings now reduces all disposable income for the years that are spent working, while additional income for retirement that is generated will reduce the future GIS entitlement. In fact, the

While home for thanksgiving break I had meet up with my cousin to perform the aging simulation in Mississauga as I acted as her caregiver for the day. To perform this we had restricted the movement of one of her legs using ACE bandages. We tapped up her knee while we walked to Timhortons while passing heavy traffic, this is how it unfolded.

The aging population is growing in Canada with an all-time high of over 4 million in 2010. The elderly population alone requires care for treating chronic diseases such as heart disease, cancer, and diabetes, which require expensive treatments. The number of hospitalizations for such diseases has gone up substantially and is expected to increase. Thus, an increasing aging population will require more and more money from the publicly funded health care budget in the decades to come.

1. The Old Age Security program which provides Canadians with a pension at age 65 if they satisfy certain residence requirements.

Canada, along with many other nations, is currently faced with an aging population. In Canada seniors are the fastest growing age group and make more then half of the population. And the numbers of older adults are higher in rural areas than in urban areas (Menec et al., 2015). Rural communities exist throughout Canada where there are large aging populations and higher number of children, but there are fewer working individuals as compared to urban communities (Menec et al., 2015). Many rural areas are aging more quickly than its urban counterparts as many choose to move to a rural community for the slow pace of life, attractive scenery and smaller community areas (Spina & Menec, 2015, Menec et al., 2015). Rural seniors challenged with issue

Canada’s population is small compared to other countries, it is mostly seniors and the middle aged, barely any infants are being born and this is leading to barely increasing population. Since the population is increasing so slowly, most of our workforce is becoming seniors or late middle aged people. This suggests that the dependancy load is also being pushed back, falling on seniors more than teenagers. This makes it harder for youth to support themselves which in turn raises our poverty levels.

In the coming decade, over 20 percent of the national population will reach the age of retirement. Not to mention, many studies have shown that numerous baby boomers are not financially prepared for retirement. A survey taken place in 2015 with 12,000 Canadians showed that 49 percent of people aged 55 to 64 had saved less than 10 percent of their savings target for retirement to date. In addition, there will be a decline in workplace pension plans due to the aging baby boomers which means that only 24 percent of private sector workers are funded through the pension plan. This indicates the importance of baby boomers to finance their retirement. On the other hand, the current low interest rates are making it more difficult for the boomers to save for retirement. The result will undoubtedly have many boomers maintaining a steady life or cause suffering to many others living a lower standard of living. In conclusion, the pre-retirement baby boomers cannot fully reply on the government for financial support and should think about their future financial state if they want it to resemble their current

Age: The Population of Canada is Aging. in Canada the median age was 39.9 years which means that half of the population was older than that and half was younger. The Median age in 1971 was 26.2 years. the fastest growing age group is made up of seniors. This is a trend that is expected to continue for the next several decades, mainly because of a below replacement fertility rate (ex. average number of children per woman), an increase in life expectancy, and the baby boom generation aging. in an estimated 5.0 million Canadians were 65 years of age or older in 2011 that is a number expected to double in the next 25 years to reach 10.4 million seniors by 2036. by 2051, about one in four Canadians is expected to be 65 or over. This information

Mandatory retirement refers to an organization of the labor market that requires employees to withdraw their services at an arbitrary age and age discrimination refers to social behavior in which age categories are used for the basis of a variety of employment decisions like hiring, promoting, and firing employees (Gillin and Klassen 87). Furthermore, this article examines the health issues and poverty in the older population, and the evolution of social policies, like mandatory retirement and old age security, in Canada.