Freedom 85? Baby Boomers Working Longer, Redefining Retirement
As the biggest demographic wave in Canada's history reaches retirement age, the province of Nova Scotia believes it knows how to weather the looming economic storm: encourage baby boomers to work longer.
"Likely our workforce participation overall will go down as more people retire than are joining the workforce," says Simon D'Entremont, deputy minister of Nova Scotia's department of seniors. "But, we're also looking at opportunities created by an aging demographic."