There are now more seniors than children in Canada

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The number of seniors from 2011 to 2016 surged to nearly 17 per cent of the population.

There are now 5.9 million Canadians aged 65 and older compared to only 5.8 million aged 14 and younger.

“We’ve got that anomaly that happened in the post war era baby boom and that’s one thing that has to go through the cycle.”

But until then, we have to figure out how to handle an ageing population in this country. According to the Federal Health Minister, health care for a growing senior population is the major issue.

“We have already made a number of investments in home care, which is substantial, we have to transform the healthcare systems to put money in the right places to pay for the needs of an ageing population.” Jane Philpott.

Those costs fall on the shoulders of a much younger generation, as it always has.

“That happened in previous generations as well. The baby boomers paid for the generation before them. We have this inter-generational pay it forward system that works pretty well.”

Right now 16.9 per cent of the population are seniors by 2031 that number is expected to jump to 23 per cent.