According to Statistics Canada’s most recent population projections, by 2015 there would be more people in Canada over the age of 65 than under the age of 15. The number of seniors is expected to double over the next 25 years. According to American Association of Retired Persons (AARP), today there are about 44 million adults in the United States who provide unpaid care for a loved one who needs support. The numbers of seniors are increasing every day in each country. People are also living longer due to advances in medical and health sciences. This has serious implications for society in light of issues surrounding elder care, an aging workforce, old age income security, long-term care, the increase in persons with health issues such as dementia and Parkinson’s, the impact on health care systems, etc., etc.
A 2017 survey by the U.S. National Business Group on Health, a coalition of large employers, found that 88 percent of employers think care giving will be a big issue over the next few years. Surprisingly, it has been determined that the average age of care givers is 33 years old. Many of whom are members of the so-called “sandwich generation”, whereby they have both children and elderly relatives to look after. Many care givers are experiencing stress as a result of the dual responsibilities. In addition, we are already experiencing serious shortages in long-term care facilities for those seniors who have major health issues.
Many of the millions of baby boomers have turned 65 and their parents are living past 85, joining the fastest-growing segment of the population. The boomers who have retired must now not only look after their own costs of living and their own income security, but also have responsibilities for helping out their aging parents. As the baby boomers themselves age, their children may also have to help them to cope with continuing to normally function in today’s society. For those care givers still in the labour force, there are few companies that subsidize elder care benefits, have written policies about elder care or provide for paid elder care leave.
The lack of existing elder care policies in the private sector leaves governments with the responsibility to initiate new approaches to tackling the issues surrounding an aging population, as they did with child care in the past. Canada is in the midst of a federal election. It’s time that all political parties propose how they plan to deal with aging population issues, including old age income security, long-term health and home care, tax breaks for elder caregivers, labour standards directed at those providing elder care, universal drug and dental benefits, etc., etc. Seniors represent about a quarter of all voting citizens, thus representing a major voting group which political parties cannot continue to ignore. They need to influence employers and future governments.