What were seeing now is demographics which atomic number 18 really driven to a greater extent and more by immigration.
-Dough Norris, director general of Statistics Canada.
For the first duration in history, Canada is facing a existence decline origination in 2010. Population decline this is happening in a decade where both demographic and economic growth is imperative. From 1996-2001, Canadas population had a 4% (1.2 million) increase in population, making it the terminal 5-year growth rate census taken in Canadian history. Also, during the census it was concluded that the birth rate in Canada is as well as declining at an alarming rate, (See Graph 1). For the first time in 100 years the birth rate fell to a lower place that of the United States. The census showed that about 80% of the 1.2 million bleak Canadians in the 5-year span were a result of immigration. People are now saying that immigration is Canadas only chance to live up to its demographic and economic needs.
To keep the population of Canada stable, a study influx of immigration is required each year. Statistics show that Canadas richness rate is extremely low, at 1.5 children per family. In order to withstand a stable population, the fertility rate should be roughly 2.1. On top of this, Canada pull up stakes be facing a major labour shortage within 5-10 years, because there will not be enough skilled workers to fill the business sector demands.
A policy analyst, speaks of another downfall for Canadas economy when she says,
This is the generation of people whose incomes and wealth will be required by that proportionately larger number of Baby Boomers once theyve retired. .
Another extensive upcoming economic setback in Canada is the aging baby-boomer population. By 2035, the percentage of Canadians who are 65+ will double from 12% to 25%, (See Graph 2). By that time, there will...
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