Solutions to an Aging Population:
How to Prevent Economic Problems Caused by this Issue

See document submitted on the classroom;
I had trouble citing them here because of limited
text options. (You can use the google drive
link attached to this bubble.)

The hospital system is very expensive
and therefore unsustainable.

Change hospital system into a series
of smaller clinics to save money.

To decrease healthcare spending, pay
healthcare workers a salary, instead of
for each service.

Also decrease spending by restricting
salary increase for healthcare workers.

Increase the retirement age.

Allow older people to remain in
workforce and continue to pay taxes,
but decrease their hours.

Encourage volunteering for
those who can no longer work.

Immigrants bring in a large labour
force, which is key for maintaining
economic stability.

More immigrants means more
workers to support an increasing
dependency load.

More immigrants also means more
children, who will help contribute
to the economy and workforce in
the future.

Provide more incentive for
Canadians to work, which will lessen
unemployment.

Revise the Canadian Employment
Insurance program to better address
unexpected unemployment issues.

More carefully consider immigrants'
skills and credentials to give them
the best possible employment options.

Revise taxation to create a better balance between
revenue and expenditures, which will save money.

The taxation reformation should also encourage
economic growth without raising taxes for civilians.

Tax expenses should be reassessed and definitely
decreased.