A look at why the country’s population needs to grow to 100 million by 2100
Canada is facing significant economic headwinds because of its demographics. This may not seem too alarming, but it is. Baby boomers are retiring, the population is aging, and the fertility rate, at 1.6, according to Statistics Canada, is well below the 2.1 babies per adult couple required to replace the population. Because of these shifts, Canada faces a declining labour force, a large population of non-working dependants, and a weak demand for consumer goods and investment vehicles.