Social Links Search User Login Menu

Local Business Provide Products and Services to Our Communities 
In so doing they Provide Jobs for our families 
So that we can provide food and shelter for our families 

Whether it be a small Mum and Pop store or a National Chain.. 

Latest Economy News

Understanding the Changing Ratio of Working-Age Canadians to Seniors
Fraser Institute
/ Categories: Ontario, Economy

Understanding the Changing Ratio of Working-Age Canadians to Seniors

and Its Consequences

DRYDEN, THUNDER BAY, SAULT STE MARIE, ONTARIO  ~~~~~  May 28. 2022 (LSNews)  As Canada’s population ages, the number of working-aged Canadians relative to the number of seniors has declined from 5.4 in 2000 to 3.4 in 2022, which means government spending related to demographics is increasing at the same time that the growth in tax revenues is declining, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.


“Workers pay the bulk of taxes, which governments need to fund important services, including health care and income transfers to seniors. As the relative number of seniors grows, and the relative number of workers declines, government finances across Canada will be put under increasing strain,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Understanding the Changing Ratio of Working-Age Canadians to Seniors and Its Consequences.

The study finds that the share of Canada’s population that is 65 or older increased from 14.1 per cent in 2010 to 19.0 per cent in 2022. Statistics Canada projects this number will increase to 25.0 per cent by 2059.

At the same time, the share of the population that is working-age (aged 15 to 64) is declining, such that the ratio of workers to seniors is also shrinking. For example, in 1970, the ratio of workers to seniors was 7.8, meaning there were almost 8 workers for every senior. This year, that ratio has dropped to just 3.4 workers to every one senior. By 2050, the ratio is expected to decline further to just 2.5 workers for every senior in Canada.

Crucially, as the number of seniors rise, there will be more people collecting income transfers such as the Old Age Security and the Guaranteed Income Supplement. Likewise, average annual per person health-care costs for people aged 65-74 is $7,751, compared to just $2,811 for people aged 35-44. This means that government expenses will increase substantially as the number of seniors rises.

And conversely, there will be fewer workers relative to the number of seniors, while workers pay the bulk of government taxes.

“This shrinking ratio of workers to seniors in Canada—which is already underway—is a significant headwind to policymakers in their efforts to improve the sustainability of government finances in Canada,” Eisen said.


  • This bulletin presents the most recent data and projections about population aging in Canada. It focuses particularly on the change in the ratio of working-age people to seniors over age 65.
  • The rate of population growth in Canada slowed considerably in the second half of the 20th century and has remained historically low since then.
  • The share of Canada’s population aged 65 or older increased from 14.1 percent in 2010 to 19.0 percent in 2022. Statistics Canada data projects this number will increase to 25 percent by the middle of the century.
  • The share of Canada’s population that is of working age is shrinking, while the share that is age 65 or over is growing. To help shed light on the economic and public finance challenges this trend is creating, we examine historical data and projections that look at how many people there are between the age of 15 and 64 for each person 65 or older.
  • In 1966 there were 7.7 working-age individuals for every senior. This ratio has dropped quickly since then and stands at 3.4 in 2022. Statistics Canada projects this trend will continue in the decades ahead. There will be just 3.0 working-age people for each senior by 2027, after which the ratio will slowly fall further to reach 2.3 by 2068.
  • The shrinking ratio of working-age Canadians to seniors will put pressure on public finances in the years ahead as there will be fewer working taxpayers to help fund cash transfers to seniors and the increasing health care costs that will result from an aging population.


Ben Eisen

Senior Fellow, Fraser Institute

Joel Emes

Senior Economist, Fraser Institute

More from this study

Adobe PDF Read the Full Report


#LSN_Econ  #LSN_SSM  #LSNews_TBay 

Below Please Rate and Share this story 
To help us learn what is important to you

    The Fraser Institute is an independent, non-partisan research and educational organization based in Canada. We have offices in Calgary, Montreal, Toronto, and Vancouver. Visit our Website 

Previous Article Ontario taxpayers set to choose from three unpalatable options
Next Article Canadians not as polarized about energy policy as we imagine
Rate this article:
0Upvote 0Downvote

Lake Superior News Economy

Lake Superior News Economy

Let’s Build Ontario 0 Economy
Robert McKenzie

Let’s Build Ontario

THUNDER BAY, ONTARIO  ~~~~  August 10, 2022 (LSNews)  The provincial government presented the Speech from the Throne Tuesday, which was capped off with the re-introduction of the 2022 Budget. #LSN_Econ ...
Tbaytel for Good Community Fund is Back 0 Economy
Robert McKenzie

Tbaytel for Good Community Fund is Back

THUNDER BAY, ONTARIO  ~~~~~  August 8, 2022 (LSNews)   Tbaytel is asking people and organizations in northern Ontario what good they can do with $10,000 as they announced Monday that it will again award three $10,000 grants...

No content

A problem occurred while loading content.

Previous Next

Follow LSN on Twitter

Events Calendar

«August 2022»

Latest Economy Shipping News

Previous Next

Latest News

Back To Top