In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government sector does not have a sustainable fiscal structure, even though their aggregate debt - to - GDP ratio is currently under 30 per cent, but expected to rise significantly due to the impact of
an ageing population on their finances.
This needs to be addressed because of the pending adverse impacts of
an ageing population on economic growth and on government revenues and spending.
Such analysis is especially important, given the impact of
an ageing population on economic growth, and government revenues and spending, especially for public pensions and health care.
Media reports indicate that the Minister of Finance has recently been briefed on the impact of
the aging population on the economy and the government's finances.
«Exploring the impact of
the ageing population on the workforce and built environment» is the second report from the CIOB to study the effects of the ageing population.
Not exact matches
Canada earns its only «A»
on the new indicator, entrepreneurial ambition — a measure of the share of the working -
age population reporting early - stage entrepreneurial activity, such as attempts to establish or own a new business.
He also commended Loblaw
on a smart demographic move — pharmacies will be an increasingly important part of the consumer landscape as Canada's
population ages.
«With an increasing
aging population, the effect
on public health is only anticipated to increase,» Holt - Lunstad said in a statement.
That said, there are certain
populations that are overrepresented
on Twitter in the U.S., according to the Pew Research Center: young people
aged 18 to 29, African - Americans, city dwellers, and audiences reporting a household income of $ 75,000 or more.
In the last 12 months, Canada has added 118,500 part - time jobs while shedding 3,100 net full - time ones, despite the working
age population (defined as those 15 and older) rising by 374,200, approximately the
population of London,
ON.
As countries around the world respond to their
aging populations, the French results shine a spotlight
on why it's important to keep up high levels of cognitive and social stimulation through work and retired life.
The BRIC's worst economic performer thus far in 2009, Russia is overly reliant
on energy, has a declining and
aging population with Third World mortality rates and an authoritarian government too willing to intervene in its economy to the detriment of investors.
The bureau said it does not know, but Chopra said the agency is concerned that with an
aging population and very long terms
on some private student loans, this could «spiral out of control.»
Jobs in the healthcare industry are expected to be fairly stable, given the pressure
on governments to support Canada's large
aging population.
Beyond managing the current economic situation to meet looming demographic challenges such as an
aging population and a declining workforce, the Harper government is increasingly focused
on driving economic growth.
And Haley says the boat - captain incident has further diffused local opposition to American forces
on Okinawa, and has strengthened Japanese public support for stronger ties to the U.S. «Japan has enormous problems with its
aging economy and
aging population,» she notes.
According to Kevin Page, Canada's Parliamentary Budget Officer, who provides independent analysis to Parliament regarding Canada's finances, there's an even larger structural issue: the country's
aging population will be an unavoidable strain
on our economy.
On Wednesday, the OECD said immigration had accounted for one - half of U.K. GDP growth since 2005, resulting in a stronger labor force growth and helping ameliorate the challenge of an
ageing population.
A striking 46 percent of renters
ages 25 to 34 — the core of the millennial
population — spend more than 30 percent of their incomes
on rent, up from 40 percent a decade earlier, according to a report by Harvard University's Joint Center of Housing Studies.
When it comes to Canada's
aging population, time is
on Tim Hortons» side — for now.
The number of consumer fixed Internet users was not taken directly from an analyst source but was estimated from analyst forecasts for consumer broadband connections, data
on hotspot users from a variety of government sources, and
population forecasts by
age segment.
In this one lunch alone, we covered electric cars, climate change, artificial intelligence, the Fermi Paradox, consciousness, reusable rockets, colonizing Mars, creating an atmosphere
on Mars, voting
on Mars, genetic programming, his kids,
population decline, physics vs. engineering, Edison vs. Tesla, solar power, a carbon tax, the definition of a company, warping spacetime and how this isn't actually something you can do, nanobots in your bloodstream and how this isn't actually something you can do, Galileo, Shakespeare, the American forefathers, Henry Ford, Isaac Newton, satellites, and ice
ages.
Our
aging population, a mismatch between where our prices are and where they should be based
on our economic performance, and rising interest rates are all reasons for this.
The analysis of the Task Force is based
on 1992 tax data and focuses
on the subset of the
population that has: made C / QPP contributions that year; relies
on earnings from employment and self - employment as its major source of income; is between
ages 25 and 65; and has annual income between $ 20,000 and $ 80,000.
The structural deficit will subsequently grow larger as a result of slowing potential economic growth and pressures
on program expenses resulting from an
ageing population.
It's the ever - higher medical bills of a rapidly
aging population that are setting provinces
on a path to fiscal ruin, according to the Parliamentary Budget Office.
However, given the
ageing of the
population and the accompanying pressures
on health care costs, it is important that such discussions begin much earlier and involve the public, rather than being held behind closed doors.
The 2011 Shadow Budget, they argue, would protect Canadians from possible debt - market disruptions arising from sovereign - debt concerns and would put federal debt
on a downward track before the pressure of
population ageing on government finances intensifies.
Considering Japan's
aging population (people over 60 constitute more than a quarter of the
population), the political landscape has turned into one in which political candidates focus solely
on the elderly demographic.
The PBO has provided credible estimates
on the costs of the F - 35 fighter, the costs of the Afghan War as well as credible analysis
on the fiscal affects of an
aging population.
An
aging global
population in the developed world, coupled with the emergence of a more robust healthcare services infrastructure in the developing world, will keep demand growth in the healthcare sector
on a steady upward trend for decades.
Another challenge is China's negative demographic trend, where a rapidly
aging population is a drag
on economic growth.
The outgoing Auditor General expressed concerns about a number of significant and emerging pressures facing the Government, including an
ageing infrastructure, and
ageing population and insufficient progress in addressing Aboriginal pressures
on reserves.
If China was investing in better health care, more retirement facilities for their
aging population, and cleaning up their air (putting scrubbers
on all their power plans) and water (forcing firms to stopping dumping industrial waste in their rivers), and generally providing more consumption goods and services to their own workers, THAT would be a step forward.
We know that the Canadian
population is
aging, which means that health needs are increasing and that more and more costs are being imposed
on society as a whole.
While the assumptions about the future unemployment rate may be affected by policy, the fact is that slower U.S.
population growth, coupled with an
aging population, place substantial limits
on labor force growth, which will leave U.S. GDP growth almost entirely dependent
on changes in productivity.
It would have been extremely useful if the government released a fiscal sustainability report showing the long - term impact of the
aging of the
population, not only
on federal expenses, but also
on long - term economic prospects.
For these reasons the Bureau of Labor Statistics and Statistics Canada base their calculations
on surveys: the Current
Population Survey in the United States and its Canadian counterpart, The Labour Force Survey, are conducted monthly and use a sample of between 50,000 and 60,000 households to represent the working
age population in each country, those 15 years of
age and older.
There is a limit to how many hours there are in a day that employees can work, how low the unemployment rate can go
on a sustained basis, how high the labour force participation rate can rise, and how large the proportion of working -
age people within the total
population can be.
Demographic weighting targets are based
on the most recent Current
Population Survey figures for the
aged 18 and older U.S.
population.
«I would love if we had 3 percent growth for two years, let alone seven years, but we have an
aging population and there is no plausible story I can tell where we're
on a path toward sustained economic growth at that level.»
A growing and
aging population is placing greater demands
on the sector, he said.
31 % of the homeless
population on any given day is between the
ages of 18 - 24.
The company focuses
on hospitals, skilled nursing facilities, senior housing and other healthcare - related facilities, and has benefited from the
aging population.
The government has been warned many times that, after 2015, the combination of an
aging population and the resulting impact
on economic growth and government revenues and expenses will result in ongoing deficits and increasing debts — a fact the Conservatives have failed to acknowledge to date.
My investment thesis was based
on an
aging population and growth in long - term care facilities and the pharmacy benefit management segment.
Since the region has an
aging population yet is stretched thin
on health care funding, he says Atlantic Canada needs to do something different.
Prior says that «as the
aging population starts to jeopardise the sustainability of current healthcare funding it will place increased pressure
on both public and private payers to find cheaper, more efficient ways of delivering care, and where possible reduce the need for care in the first place.»
Per the BBVA Research Department, the potential long run GDP growth trend should revert to around 2 % -2.2 % based
on expectations for labor (major factor being U.S. demographics, i.e.
aging of the
population), capital growth, and productivity.
Another reform, the easing up
on China's one - child per couple policy, which officials now say has caused an accelerated
aging of China's
population.