Millennials now outnumber child boomers in Canada

Immigration quickly driving down common age in Canada

Whereas this demographic shift is influenced by immigration, the impact of immigration in 2022 and 2023 is non permanent, as inhabitants getting old is inevitable.

The quantity and proportion of people aged 65 and older proceed to rise, pushed by the getting old of the infant boomer cohorts.

The info additionally reveals a short lived slowing of demographic getting old, with the common age and median age of the inhabitants each declining in the identical 12 months, a phenomenon final noticed in 1957-1958. This decline is attributed to the arrival of over 1 million everlasting and non permanent immigrants, who’re typically youthful than the common inhabitants.

The proportion of the inhabitants aged 15 to 64 years elevated from 65.5% in 2022 to 65.7% in 2023, bucking a pattern of decline noticed since 2007. This enhance is attributed to the departure of huge child boomer cohorts from this age group as they attain 65 years, making room for a rising working-age inhabitants.

Canada’s inhabitants getting old pattern, nevertheless, continues, with people aged 65 and older surpassing these youthful than 18 for the primary time in historical past. The proportion of individuals aged 65 and older reached 18.9% on July 1, 2023, pushed primarily by the infant boomer technology, which can proceed to succeed in the age of 65 till 2030.

Getting older populations in Canadian provinces

Geographically, Newfoundland and Labrador remained the province with the best common age (45.7 years), whereas the Prairies had the youngest inhabitants. Alberta boasted the youngest common age (39.1 years) and the bottom proportion of individuals aged 65 and older (15.1%).

This demographic transformation additionally highlights a shift in generational dominance throughout provinces. In Atlantic provinces and Quebec, child boomers nonetheless represent the biggest technology, whereas in Ontario and British Columbia, millennials have now outnumbered child boomers.

The current incorporation of gender ideas in demographic estimates reveals an almost equal stability between males+ (20,013,707) and girls+ (20,084,054) within the Canadian inhabitants, with a slight enhance within the ratio of males+ to ladies+.

The demographic estimates launched by Statistics Canada are thought-about preliminary and can bear additional updates following normal procedures. The info relies on the 2021 Census inhabitants counts, offering a complete snapshot of Canada’s evolving demographic panorama.

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