Canadians nearing retirement outnumbered those entering the workforce by a record margin in 2021, census data released on Wednesday showed, raising fears the country's labor shortage could worsen in coming years.
Although Statistics Canada expects the gap to shrink before growing again around 2036, it warned that working-age Canadians' share of the population was falling. Meanwhile, the number of those aged 85 and older is projected to triple by 2051.
