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The Bucks Stop Here: Trends in Income Inequality Between Generations

Younger workers are making less money relative to their elders. That is true for men and women, individuals and couples, and both before and after taxes. While it’s normal for older workers to make more money than those with less experience, our research shows a growing earnings gap between younger and older workers. In the mid-1980s, the average after-tax income of Canadians between the ages of 50 and 54 was 47 per cent higher than that of 25- to 29-year-olds. In recent years, that gap has jumped to 64 per cent.

Features


City Magnets III: Benchmarking the Attractiveness of 50 Canadian Cities

An aging population means that immigrants are critical to Canada’s future. Cities that fail to attract new people will struggle to stay prosperous, which is why we ranked 50 Canadian cities based on the features that make them attractive to newcomer populations. Six—Waterloo, Calgary, Ottawa, Richmond Hill, Vancouver, and St. John’s—distinguished themselves as grade “A” cities in our rankings.



2014 Honorary Associate

The Honorary Associate award is the Conference Board’s highest honour and is conferred annually upon individuals who have served both their organization and their country with distinction. This year, The Conference Board of Canada has named Michael H. McCain, President and Chief Executive Officer, Maple Leaf Foods Inc., as its Honorary Associate. Join us on Monday, November 3, 2014, at the Fairmont Royal York in Toronto to celebrate Michael McCain’s many achievements.



Workplace Preferences of Millennials and Gen X: Attracting and Retaining the 2020 Workforce

Although the damage done to savings by the 2008 recession has delayed the mass retirement of baby boomers, organizations will soon be facing a labour shortage and will need to rely on Millennials to fill the gaps. How, where, and with whom this future workforce wants to work will impact attraction and retention levels. Organizations that separate the true work styles and preferences of Millennials and Gen Xers from the stereotypes will improve their ability to attract and retain employees in both groups.


Health Summit: Aging, Chronic Disease, and Wellness

We all know that as we get older we become more vulnerable and tend to make more demands on the health care system. Our Health Summit 2014: Aging, Chronic Disease, and Wellness will focus on the long-term challenges facing our health care system when it comes to seniors and chronic care. These two interrelated issues represent a complex challenge to system sustainability—a challenge that will affect the health of all Canadians, now and in the future.



The Case for Coaching

Coaching is one of the fastest-growing areas within the field of leadership and organizational development. It is already recognized as an effective development tool. And in the future, we expect coaching will be used more broadly, have a wider range of applications, and be linked to the strategic goals of the organization.



CBoC Highlights

Check out our latest infographic—Toronto: Canada’s Leader for Financial Services Headquarters.

Satyamoorthy Kabilan discusses how terrorist groups, such as ISIS, use social media to spread their message.

 

On CBC’s “The Exchange With Amanda Lang,” David Stewart-Patterson examined the potential impact of young people making less money than the previous generation.

Calgary Mayor Naheed Nenshi shares his experiences of crisis communication and leadership during the 2013 Calgary flood.



In This Issue

  • The Bucks Stop Here: Trends in Income Inequality Between Generations
  • City Magnets III: Benchmarking the Attractiveness of 50 Canadian Cities
  • 2014 Honorary Associate
  • Workplace Preferences of Millennials and Gen X: Attracting and Retaining the 2020 Workforce
  • Health Summit: Aging, Chronic Disease, and Wellness
  • The Case for Coaching

Previous Issues

Recent Op-Eds

How to Ease Ontario’s Fiscal Squeeze
The Globe and Mail, September 24, 2014

Young, Underpaid, and Angry: The Coming Clash Over the Income Gap
iPolitics.ca, September 23, 2014

If I Had $100 billion ... How to Restore Ottawa’s Fiscal Health
The Globe and Mail, September 10, 2014

To Beat Terrorists Online, Let’s Raise Our Social Media Game
The Globe and Mail, September 08, 2014

A Call to Recalibrate Corporate Values
The Globe and Mail, September 02, 2014

Latest Blogs

Managing Mobility: Addressing Transportation Needs of Seniors

Sep 30, 2016
Daniel Munro

Associate Director
Public Policy

In 2015, Canada was home to nearly 5.8 million seniors (age 65+), or 16 per cent of the country’s total population. By 2025, more than one in five Canadians (20.7 per cent) will be seniors, and nearly one in four (24.4 per cent) will be in the senior cohort by 2040.1 Canada’s rapidly aging population not only poses challenges to health care and the economy, it also creates larger and more pressing transportation challenges and risks.

Upcoming Release on Seniors’ Transportation by the Conference Board

Some key challenges and opportunities for improving transportation policy for seniors are discussed in the recent briefing, Managing Mobility: Transportation in an Aging Society, released jointly by the Conference Board’s Canadian Alliance for Sustainable Health Care and Centre for Transportation and Infrastructure on October 19th. It examines how seniors currently meet their transportation needs and preferences, changes in transportation strategies and behaviours as seniors age, and the nature and extent of unmet transportation needs. The briefing also considers how differences in demographics affect transportation needs, behaviours, and gaps, and discusses implications for policies and strategies.

More Mobility Options Allow Seniors Achieve Better Health

Although age alone is not a direct indicator of health and ability, seniors are more likely to report limitations in mental and physical ability than younger adults.2 This affects the nature of transportation-related risks and has implications for how seniors’ mobility needs and preferences are met. When individuals, at any age, have mobility options that allow them to achieve a range of benefits they are better able to sustain their health and quality of life and make contributions to their families and communities. Unfortunately, too few seniors have access to affordable and appropriate transportation options.

Driving is the Primary Mode of Transportation for Most Canadian Seniors

Among seniors aged 65 to 74, 68 per cent reported driving their own vehicle as their main form of transportation (see chart). By age 85 or older, only 31 per cent relied on driving as their main mode of transportation, while less than 8 per cent relied on public transit and 5 per cent walked or cycled. Most of the remaining seniors rely on rides from family, friends and others.

Addressing the Challenges Will not be Easy

Transportation policies and strategies for an aging society must strike a balance between maximizing benefits, minimizing risks, and respecting the rights and dignity of seniors and other citizens. The steps that society might consider to improve transportation for Canada’s growing population of seniors include:

  • Improving driver cessation policies and practices to help manage driving risks as people age.
  • Expanding and enhancing transportation services to reduce seniors’ dependence on private vehicles either as drivers or passengers.
  • Improving the built environment to make walking and cycling more appealing and accessible and to reduce risks for all drivers and pedestrians.

The briefing will explore further the challenges and opportunities in meeting the transportation needs of Canadian seniors. Read Managing Mobility: Transportation in an Aging Society  on The Conference Board of Canada e-library.

Related Webinar

1    Calculations based on Statistics Canada, CANSIM 051-0001.

2    Canadian Institute for Health Information, Health Care in Canada 2011,17–19.

Webinars

Leaders’ Guide to Safety Culture: Five actions you can take to improve
Oct 29 at 2:00 PM

Leveraging Patient Outcomes and Big Data to Personalize Medical Cannabis
Nov 05 at 12:30 PM

The 2019 Western Canadian Metro Areas Outlook: Economic Uncertainty Abounds
Nov 05 at 2:00 PM