As of July, the number of Canadians aged 65 and older is greater than that of Canadians under 15, reported Statistics Canada. According to the agency, this is the first time such a ratio has existed, and it is in some part due to aging baby boomers. The large generation, which includes people born in the years following World War II up to the year 1965, is rapidly becoming a large population of older adults.
Although the scales are tipped in favor of senior Canadians, the ratio between this demographic and the country’s youngest citizens is still fairly close. Statistics Canada …read more