Canada is heading towards a population collapse and nobody is talking about how serious it could become.
For decades, Canada’s birth rate has remained below replacement level.
At the same time, Canadians are living longer, the population is aging, and a shrinking share of workers is being asked to support a rapidly growing number of retirees.
That imbalance could put enormous pressure on Old Age Security, pensions, healthcare, the labour market, housing, government spending, and the public services Canadians rely on every day.
Record immigration may have increased Canada’s population, but has it actually solved the country’s underlying demographic problem or simply delayed the consequences
So how did Canada get here and what will be the consequences? Is there a way to avoid this demographic collapse and if so, how?
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