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The Daily Chase: Bombardier slashing jobs, energy M&A heats up

The Daily Chase: Bombardier slashing jobs, energy M&A heats up
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Expert weighs on what needs to change to enable better aging in Canada

Expert weighs on what needs to change to enable better aging in Canada Substantial change to Canada’s long-term support service systems is long overdue, expert says Jan 17, 2021 7:45 AM By: The Conversation Stock image Canada’s population is rapidly aging, but is it aging well? In our November 2020 report “Ageing Well,” we found both good and bad news. The good is that Canadians are living longer. Back when medicare became the backbone of our health-care system about 60 years ago, seniors made up 7.6 per cent of the population. They now constitute 17.5 per cent and will be almost 25 per cent in 2041 10.8 million people whose average age will be in the low 80s just over 20 years from now. They should all age happily and well.

Enabling better aging: The 4 things seniors need, and the 4 things that need to change

Canada’s population is rapidly aging, but is it aging well? In our November 2020 report “Ageing Well,” we found both good and bad news. The good is that Canadians are living longer. Back when medicare became the backbone of our health-care system about 60 years ago, seniors made up 7.6 per cent of the population. They now constitute 17.5 per cent and will be almost 25 per cent in 2041 10.8 million people whose average age will be in the low 80s just over 20 years from now. They should all age happily and well. (Ageing Well, Queen s University School of Policy Studies), Author provided The bad news is that they don’t want to live in old-folks’ homes where current policy tends to put them. Also, ensuring they have the support services they need to age well will require major changes to how, where and by whom those services are provided, and change can be difficult to implement in any dimension of health care.

Ontario Tourism and Hospitality Industries to Lose $2 Billion in Revenue With More People Staying Home on New Year Eve: Survey

Ontario Tourism and Hospitality Industries to Lose $2 Billion in Revenue With More People Staying Home on New Year Eve: Survey Waiters, bartenders, and workers in the tourism industry are once again feeling the impact of the pandemic-related closures on New Year’s Eve, as more Ontarians plan to welcome 2021 at home. An online survey of 1,091 adults revealed that Ontarians spend an average of $366 on New Year Eve in a typical year. But on the last day of the tumultuous 2020 year, residents in the province plan to spend an average of $170. The Tourism Industry Association of Ontario (TIAO), a business advocacy organization which commissioned the survey, urged Ontarians to support the tourism and hospitality industry by shopping local, despite provincial lockdown measures.

Ontario municipalities facing multi-billion dollar shortfall in 2021, with no emergency funding in sight

Ontario municipalities facing multi-billion dollar shortfall in 2021, with no emergency funding in sight Ontario’s municipalities are projected to face a combined $2.4 billion shortfall in 2021 due to the ongoing effects of the COVID-19 pandemic, according to a new report by the province’s financial watchdog. Social Sharing

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