By The Numbers: Canada's aging population

Toronto – October 12, 2015 – For the first time in Canada, the number of people over the age of 65 is greater than the number of people under 14, according to new data released by Statistics Canada. With over 3 million Canadians expected to retire within the next seven years, now, more than ever, is the time to elect a government who can ensure that Canadians retire with dignity.

5,580,900

Number of Canadians 65 or older on July 1, 2015

31,500

Number by which seniors exceed the number of children 14 and under.

16.1%

Current proportion of the overall population aged 65 or older.

25%

Projected proportion in 2055

3 million

Between 2015 and 2022, over 3 million workers are expected to retire.

41.4

Median age for women in Canada in 2015.

39.6

Median age for men.

5.7

Rise in years in median age of Canada’s population in last two decades.

35.9 million

The current estimated population of Canada, an increase of 0.9% over last year. By comparison, Canada's population grew by 1.1% in 2014.

Source: Statistics Canada Annual Demographic Estimates.