Chart - Ratio of working age population to older adults 65+

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The number of working-age Canadians (15-64) for each senior (65 and up) is falling. In 1966, there were 7.7 working-age Canadians for every senior—this ratio has fallen to 3.4 in 2022.

These trends are ongoing and by 2027 forecasts suggest the ratio of working-age Canadians to seniors will fall to 3.0.

Fraser Institute

Chart - Ratio of working age population to older adults 65+

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These trends are ongoing and by 2027 forecasts suggest the ratio of working-age Canadians to seniors will fall to 3.0.

Fraser Institute

https://www.fraserinstitute.org/blogs/canadas-aging-population-what-does-it-mean-for-government-finances Open link to NICE Information Tool >

Link:

https://www.fraserinstitute.org/blogs/canadas-aging-population-what-does-it-mean-for-government-finances https://www.fraserinstitute.org/blogs/canadas-aging-population-what-does-it-mean-for-government-finances

Topic:

General

Type:

Web Page

Location:

Canada

Source:

fraserinstitute.org

The number of working-age Canadians (15-64) for each senior (65 and up) is falling. In 1966, there were 7.7 working-age Canadians for every senior—this ratio has fallen to 3.4 in 2022.

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Chart - Ratio of working age population to older adults 65+

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