Sentences with phrase «canadian baby boomers age»

Not exact matches

Canadian demographer David Foot, who made a name for himself following the entrails of the baby boom and wrote the book Boom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic groboom and wrote the book Boom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic groBoom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic growth.

Importantly the poll also found that Canadians aged 18 - 34 actually trail Baby Boomers in RRSP ownership and contribution rates with only 43 per cent of young people holding RRSPs compared to 69 per cent of older Canadians, so there is an urgent need to encourage and empower younger Canadians to start saving.

Further, as the baby boomers work their way through Statistics Canada's age groups, other issues are foreseeable such as an increased need for public health services relating to competency, the redesign of courthouses to accommodate increasing numbers of people with lower levels of mobility, and an increase in the number of elderly Canadians living in poverty as divorces split fixed incomes.

Aging baby boomers are not selling out and moving into rest homes, but rather selfishly clinging to the old sod and forcing the kids to go and buy their own chunk of the Canadian dream.

Eight out of 10 (83 per cent) Canadian baby boomers, aged 41 - 61, are not hesitant to consider a real estate purchase despite U.S. housing market volatility, according to a new online survey by Angus Reid Strategies on behalf of Mortgage Intelligence.