Wednesday, July 10, 2019

Pension, health-care reform required as elderly population grows across the Americas

Population aging is taking place throughout the Americas, with the elderly expected to grow faster than the overall population between 2018 and 2025, according to a report by London-based analytics firm Global Data.

The report found Canada already has more elderly people than children in its cities. And in the U.S., the same is expected over the next 20 years. By 2025, it projected that 141 cities in Canada and the U.S. will have old-age dependency ratios (the ratio of elderly to working-age people) of more than 30 per cent. Read More