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Canada To Reach 40 Million People This Year... 50M by 2040


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Economy

https://www.google.ca/amp/s/www.nextbigfuture.com/2023/02/canadas-population-tracking-to-40-million-this-year-and-50-million-in-2040.html

 

Latest projections expect Canada to reach the 40 Million mark this year, 44M by 2030 and 50M by 2040

 

This last year Canada grey almost 3% or over 1 Million people the fastest rate in the developed world

 

Canada has so far resisted the idea of reforming pension/retirement ages or expensive measures to try to boost birth rates and instead has relied on heavy immigration quotas to offset ageing population 

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StarstruckIllusion
28 minutes ago, Economy said:

https://www.google.ca/amp/s/www.nextbigfuture.com/2023/02/canadas-population-tracking-to-40-million-this-year-and-50-million-in-2040.html

 

Latest projections expect Canada to reach the 40 Million mark this year, 44M by 2030 and 50M by 2040

 

This last year Canada grey almost 3% or over 1 Million people the fastest rate in the developed world

 

Canada has so far resisted the idea of reforming pension/retirement ages or expensive measures to try to boost birth rates and instead has relied on heavy immigration quotas to offset ageing population 

What an interesting take. Is that Macron’s excuse for raising the retirement age? Pathetic lmao. In fact, Trudeau has lowered the retirement age from 67 to 65

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Economy
Posted (edited)
2 hours ago, StarstruckIllusion said:

What an interesting take. Is that Macron’s excuse for raising the retirement age? Pathetic lmao. In fact, Trudeau has lowered the retirement age from 67 to 65

Trudeau didn't exactly lower it because it wasn't raised yet...

 

He did reverse a decision by the former conservative party (under Harper) that was going to eventually raise the age to 67 if that's what u mean but it wasn't going to come into effect until the 2020s, it had never come into effect

 

And it applied only to the Old Age Security portion of retirement only not the main CPP part of it. That was still gonna remain at 65 (although by raising the OAS portion of it, many ppl would be forced to work until 67 either way)

 

The high immigration helps make this possible and I'm for it. But they need to adress the housing shortage issues it brings đź‘€

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Here for it but need to address housing issue. The building is not keeping up with the increase in population and it will be a HUGE issue (already is). 

But overall super excited about Canada growing. It still feels under populated in the city I am currently in (Ottawa). Only 1 million people (1.4 million if you count the metropolitan region but it is so scattered that you really cannot count it imo). 

 

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Economy
Posted (edited)
21 hours ago, dit said:

Here for it but need to address housing issue. The building is not keeping up with the increase in population and it will be a HUGE issue (already is). 

But overall super excited about Canada growing. It still feels under populated in the city I am currently in (Ottawa). Only 1 million people (1.4 million if you count the metropolitan region but it is so scattered that you really cannot count it imo). 

 

Speak for urself I hate the big city :selena:

 

I live in the Toronto area which is soon hitting 7 million and I hate it :air:

 

But yeah Canada as a whole for it's huge size is insanely under populated

 

I heard once before that in order to have high bulk efficiency in economy like the United States we would need a population of at least 100 Million

 

But of course I do not know how true that is cuz I didn't disect the issue properly but at least to some extent I believe it might be true. I don't know that we need quite that many but our density nevertheless is too spread out distance wise between a few large metros to be cost efficient as far as how our economy runs

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Lukas96

I... Was under the impression Canda had WAY more inhabitants ( you know, second country by area... but it apparently has one fo the lowest population densities), but it has less than my country, interesting.

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Aussie
3 hours ago, Economy said:

Speak for urself I hate the big city :selena:

 

I live in the Toronto area which is soon hitting 7 million and I hate it :air:

 

But yeah Canada as a whole for it's huge size is insanely under populated

 

I heard once before that in order to have high bulk efficiency in economy like the United States we would need a population of at least 100 Million

 

But if course I do not know how true that is cuz I didn't disect the issue properly but at least to some extent I believe it might be true. I don't know that we need quite that many but our density nevertheless is too spread out distance wise between a few large metros to be cost efficient as far as how our economy runs

Why would Canada want to have an economy similar to the USA? I mean that comes with many issues and responsibilities. I also don’t get why countries like Canada and even Australia must somehow get “bigger and better” for the sake of the economy. Keep bringing in millions of people to populate the country more and then needing many many new high rise apartments to accomodate…most people I know hate living in those high rises. I just think some countries can still have a thriving society and economy without needing to get bigger. Look at the Scandinavian countries as an example. Australia too is gunning for the “big leagues” and if feel I’d rather just not get into that type of stress. And here, in Sydney, housing affordability is ridiculous 

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Economy
7 hours ago, Aussie said:

Why would Canada want to have an economy similar to the USA? I mean that comes with many issues and responsibilities. I also don’t get why countries like Canada and even Australia must somehow get “bigger and better” for the sake of the economy. Keep bringing in millions of people to populate the country more and then needing many many new high rise apartments to accomodate…most people I know hate living in those high rises. I just think some countries can still have a thriving society and economy without needing to get bigger. Look at the Scandinavian countries as an example. Australia too is gunning for the “big leagues” and if feel I’d rather just not get into that type of stress. And here, in Sydney, housing affordability is ridiculous 

Well the cities are already dense AF either way anyway at least places like Vancouver. 

 

But the country as a whole for it's size having only 40 million People with major population centres far apart does make some stuff inefficient and expensive cost wise

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9 hours ago, Lukas96 said:

I... Was under the impression Canda had WAY more inhabitants ( you know, second country by area... but it apparently has one fo the lowest population densities), but it has less than my country, interesting.

Well it's well known Canada's population is quite low relative to its total size

 

However in total it's not as low as most make it out to be. It's still in the top quartile (25%) of most populated countries and more populated than the majority of the countries that are considered wealthy developed 1st world nations

 

 

 

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