Monday Feb 19, 2024
Demographic Shifts: Exploring the Global Decline in Fertility Rates
The global decline in fertility rates poses significant challenges for socio-economic structures, with Canada experiencing a notable decrease that mirrors this worldwide trend. This reduction in birth rates leads to an aging population, straining healthcare, pension systems, and altering workforce dynamics. In Canada, the fall in fertility rates necessitates a reevaluation of immigration policies to counterbalance demographic shifts and maintain economic growth. The decline also prompts concerns about the sustainability of social support systems, as a smaller working-age population may struggle to support an increasing number of retirees. Addressing these implications requires comprehensive policy planning and international cooperation to adapt to the changing demographic landscape.
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