Boomer Bulge: Dealing with the Stress of Demographic Change on Government Budgets in Canada
William Robson
No 71, e-briefs from C.D. Howe Institute
Abstract:
While the sagging economy is focusing attention on fiscal policy’s capacity to fight a slump, another challenge looms – the demographic pressures on future program spending. Short-term stimulus can only succeed if it preserves confidence in the long-run capacity of Canadian governments to provide programs and service their obligations at tolerable tax rates.
Keywords: fiscal policy; demographics; Canadian government budgets (search for similar items in EconPapers)
JEL-codes: H5 H6 J1 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2009-01
New Economics Papers: this item is included in nep-age
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Citations: View citations in EconPapers (13)
Published on the C.D. Howe Institute website, January 2009
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Persistent link: https://EconPapers.repec.org/RePEc:cdh:ebrief:71
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