Canada, along with developed nations throughout the world, has adopted the Madrid International Plan of Action on Aging which recognizes that older people have important contributions to make socially, culturally, economically and politically. The plan is basedon the idea that older people should be able to work as long as they are able to be productive. It also emphasizes the need to build awareness of the benefits of maximizing the use of the knowledge and skills of older workers. In 2007, the Conference Board of Canada published a report entitled Ontario’s Looming Labour Shortage Challenges: Projections of Labour Shortages in Ontario and Possible Strategies to Engage Unused and Underutilized Human Resources. The report projects a “dramatic shift” in the age structure of Ontario’s population from 2006-2030. The population of those aged 65 and over was highlighted in particular as a segment that would grow significantly during this period. Estimated at 12.9 percent of the province’s population in 2006, it is projected to comprise about 20.6 percent of the population by 2030. This shift, the report said, is mostly due to the aging of the post-war Baby Boomer population.
Posted on in Resource, tagged as Best Practices, Employers, Engagement, Labor Market Attachment, Labor Market Information, Older Workers, Programs and Training, Value.