Connect2Canada.com – Canada Watch – Boomer Bulge
January 16, 2009.
In this C.D. Howe Institute publication, William Robson examines the potential effects of the baby boomer generation on Canadian provincial government budgets. Demographic change, he predicts, may push the aggregate cost of programs for health, education, seniors and families from 15 % to 19.4% of the GDP in the next 50 years. Among other recommendations, he calls for fiscal discipline, more tax room for provinces, and growth-friendly practices. http://www.cdhowe.org/pdf/ebrief_71.pdf