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date: 28 November 2020

Abstract and Keywords

The Canadian workforce is aging in a pattern similar to that in many other Western countries. If major global events do not intervene (e.g., mass migration from the South to northern climates in response to global warming), demographic aging of the workforce will continue to the middle of the 21st century. Apocalyptic demography predicts that population and workforce aging in Canada will have the inevitable effect of lowering national productivity and compromising the integrity of social programs. A review of research on the effects of workforce aging reported in this chapter refutes these apocalyptic predictions. Negative effects of workforce aging can be successfully ameliorated and managed through targeted economic and social policy combined with enlightened management practices. The transition to a graying workforce will be aided by education efforts informing the Canadian commonweal of the facts and fallacies of aging effects in the workplace.

Keywords: apocalyptic demography, Canada, participation rates, retirement projections, older worker productivity

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