Report on the Labour Force Participation of Seniors and Near Seniors, and Intergenerational Relations
Canada’s population is aging. In 2009, 13.9% of the population was 65 or over. By 2036, it is projected that nearly one in four (23 to 25%) Canadians will be a senior.
The demographic shift will impact the economy and labour force as the baby boomers begin to retire in great numbers. As many seniors and near seniors leave the workforce, Canada’s elderly dependency ratio
In terms of addressing the challenges brought on by an aging population, older Canadians represent an invaluable resource. The continued participation of seniors and near seniors in the labour force beyond the current average age of retirement
Beyond impacts on the economy and labour force, the demographic shift is changing the face of our population, impacting the balance of different generational age groups, and magnifying the importance of the way different generations work, live, support and interact with one another. Positive intergenerational relationships between family members, co-workers, and members of the community, can serve as a source of social support and lead to the development of broad and diverse social networks
The National Seniors Council is pleased to submit to the Government of Canada this report on the Council’s 2010-2011 priorities: 1) the labour force participation of seniors and near seniors, and 2) intergenerational relations. The Council acknowledges the important work currently being undertaken by the federal government to support these important priorities. While significant strides have been made, more can be done across all jurisdictions to support those seniors and near seniors who wish to remain engaged in, or re-enter, the labour force, and more can be done to promote positive intergenerational relations across all levels of society.
The objectives of this report are to identify the key challenges and barriers that stand in the way of the labour force participation of seniors and near seniors and positive intergenerational relations, and to suggest options for federal action that may serve to break down barriers and support the well-being of seniors and all Canadians.
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