An Analysis of the Economic Circumstances of Canadian Seniors
Ensuring the economic well-being of Canada’s growing population of seniors is an important and complex public policy challenge that the new federal government must grapple with. Few disagree with the goal of providing all citizens with the means for a dignified and economically secure retirement. But there is profound disagreement about how this goal ought to be achieved and the role of different public programs in achieving it. This report provides new insights from statistical analyses of patterns in poverty, income, and savings among Canadian seniors. While there has been progress in reducing poverty among seniors over several decades, a less rosy picture arises in recent years and in projections of the future.