The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape

The impacts of demographic change on Canada's fiscal landscape will be profound, and as we enter the second decade of the 21st century, they are no longer far away. If current patterns of spending in age-sensitive public programs - healthcare, education, elderly and children's benefits - p...

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Bibliographic Details
Main Author: William B.P. Robson
Format: Report
Language:unknown
Subjects:
Canada
glacier*
Online Access:http://www.cdhowe.org/pdf/ebrief_106.pdf
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spelling ftrepec:oai:RePEc:cdh:ebrief:106 2024-04-14T08:12:03+00:00 The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape William B.P. Robson http://www.cdhowe.org/pdf/ebrief_106.pdf unknown http://www.cdhowe.org/pdf/ebrief_106.pdf preprint ftrepec 2024-03-19T10:29:51Z The impacts of demographic change on Canada's fiscal landscape will be profound, and as we enter the second decade of the 21st century, they are no longer far away. If current patterns of spending in age-sensitive public programs - healthcare, education, elderly and children's benefits - persist as the population evolves, Canadians will divert more of their incomes from other public and private purposes to fund them. Discounted over 50 years, that increase amounts to an implicit liability of $2.8 trillion for governments, with essentially all the burden falling on the provinces and territories rather than on Ottawa. Fiscal Policy, Canada, demographics, government programs, health, education, seniors, families Report glacier* RePEc (Research Papers in Economics) Canada
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description The impacts of demographic change on Canada's fiscal landscape will be profound, and as we enter the second decade of the 21st century, they are no longer far away. If current patterns of spending in age-sensitive public programs - healthcare, education, elderly and children's benefits - persist as the population evolves, Canadians will divert more of their incomes from other public and private purposes to fund them. Discounted over 50 years, that increase amounts to an implicit liability of $2.8 trillion for governments, with essentially all the burden falling on the provinces and territories rather than on Ottawa. Fiscal Policy, Canada, demographics, government programs, health, education, seniors, families
format Report
author William B.P. Robson
spellingShingle William B.P. Robson
The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
author_facet William B.P. Robson
author_sort William B.P. Robson
title The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
title_short The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
title_full The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
title_fullStr The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
title_full_unstemmed The Glacier Grinds Closer: How Demographics Will Change Canada’s Fiscal Landscape
title_sort glacier grinds closer: how demographics will change canada’s fiscal landscape
url http://www.cdhowe.org/pdf/ebrief_106.pdf
geographic Canada
geographic_facet Canada
genre glacier*
genre_facet glacier*
op_relation http://www.cdhowe.org/pdf/ebrief_106.pdf
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