Home care and long-term care are large and growing sectors of our economy. More public investment in these sectors would create jobs and stimulate the economy. Ensuring we have a strong public sector in these areas is important because the public sector plays a stabilizing role in the economy when the private sector is in trouble. Also, more public investment in home and long-term care is critically important for women who are the vast majority of the workers in this sector.
Canada is facing a major demographic tipping point. The number of elderly Canadians is growing and this trend will accelerate dramatically over the next few decades as baby boomers begin turning 65. The number of seniors in Canada is projected to increase from 4.2 million to 9.8 million between 2005 and 2036, and the seniors’ share of the population is expected to almost double, increasing from 13% to 25%.
What do you think needs to be done provide elderly Canadians, who have made their contribution to our country, with the support they need to live full and rich lives?