Experts Say, Canadians Aging, but No Need to Panic

Susan McDanielResearchers say that Canadians might be aging, but there's no need to get panicky.

On Wednesday, Statistics Canada reported that almost a quarter of Canadians will be oldies by 2036.

Whilst this is nearly twice the 13.9% of the populace that elders presently signify, there is no rationale to presume that they will become a load on the nation's systems, some specialists say.

In February, Parliamentary Budget Officer, Kevin Page released a report cautioning that old age benefits and health-care costs linked with aging will need Ottawa to increase taxes or trim down expenditure by at least $20-billion over the approaching decade.

But some demographers believe that a great deal of the anxiety is ballooned.

Susan McDaniel, Prentice research chair in worldwide populace at the University of Lethbridge said, "There's no need to panic".

She said that some of the error is that citizens, together with lawmaking people, observe citizens who are 85 requiring health care at present, hence assuming that 20 years from now, people will want the same thing.

But she added that people, who are 85 currently, were born in a time when smoking was stylish, they sometimes went through the Depression, and they are a completely new person.