ARTICLE
10 October 2013

Growing Elderly Population

CW
Clark Wilson LLP

Contributor

Clark Wilson is a multifaceted law firm based in Vancouver, BC with a strong track record of being highly integrated into our clients’ businesses. Known for our industry insight, entrepreneurial culture and strategic networks, we actively seek to connect our clients with the people, resources and solutions they need to succeed.
The Global Age Watch Index report has ranked Canada 5th out of 91 countries in terms of how our aging population is faring.
Canada Family and Matrimonial

The Global Age Watch Index report has ranked Canada 5th out of 91 countries in terms of how our aging population is faring. The index looks at four features in terms of analyzing an older people's wellbeing: income, health, education, employment and enabling environment.

The report indicates that the world is aging so fast that most countries are not prepared to support the increasing number of elderly people

Based on its rankings, it appears that Canada is more prepared that other nations to cope with an elderly population. However, our population is expected to double in the next 25 years so resources that are available now, may not be available in the future. The underlying theme of this news is that it is important for people to speak to their families and take steps to prepare for retirement and their futures.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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