Investing in Children’s Health—Pedianomics & the Tiny Tidal Wave

The Conference Board of Canada, February 3, 2016
Recorded Webinar
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A recent report from Statistics Canada has shown that for the first time ever, seniors out-number children in Canada. This “silver tsunami” suggests that we should invest more in home, community, and medical care for Canada’s aging population. Strategic plans are already in place for relevant government agencies and industries, but is that all we need to do to ensure the longevity of Canada’s health care system? What other impacts may the healthcare system face with the wave of aging boomers?

In 20 years, Canada will have 1.2 million more children than we do today—children who are tomorrow’s workers, taxpayers, and innovators. This “tiny tidal wave” will play a huge part in supporting the health care needs of older Canadians, and by investing in children’s health now, will reduce their lifelong health costs, increase the economic productivity of their parents, and increase their economic prosperity when they grow up.

The Children’s Hospital of Eastern Ontario calls this Pedianomics. Pedianomics links Canada’s two most pressing issues—the economy and health care—and challenges us to look beyond our current issues to long-term solutions.

Maintenance of Certification
Attendance at this program entitles certified Canadian College of Health Leaders members (CHE / Fellow) to .5 Category II credits towards their maintenance of certification requirement.

Webinar Highlights

Join Alex Munter, President and CEO of the Children’s Hospital of Eastern Ontario (CHEO), for this 60-minute webinar, in which you will learn about:

  • The “silver tsunami” and its impact on health care: The aging population is a relatively modest cost driver in health care, according to a 2014 report by the Ontario Institute for Competitiveness and Prosperity.
  • Economic arguments for investing in children: We need to prevent tomorrow’s chronic health issues to make Canada’s health care system more sustainable. The cost of these preventable illnesses is projected to be over $450 billion in the next 10 to 20 years.
  • Pedianomics: The link between Canada’s economy and health care, and what we can do to ensure a healthier Canadian economy and population in the coming decades.

About Alex

Photo of Alex MunterAlex Munter is President and Chief Executive Officer of the Children's Hospital of Eastern Ontario, bringing to the role more than 20 years of leadership in health and social services and an incredible commitment to helping families in our community. Since joining CHEO in 2011, Alex has led the implementation of the CHEOnext action plan to meet the needs of Ottawa’s growing child and youth population. This plan focuses on introducing new technologies, new ways of working, and better connecting care to help children and families be their healthiest. It has led to improvements in quality, safety, and patient satisfaction, and helped earn CHEO recognition as one of Canada’s most admired corporate cultures.

Alex is a member of the Executive Committee of the Council of Academic Hospitals of Ontario, a member of the Provincial Council for Maternal-Child Health, and is one of two hospital CEOs who are part of the joint Ministry of Health-Ontario Hospital Association Health System Funding Reform Hospital Advisory Committee and Provincial Council for Maternal-Child Health. Prior to joining CHEO, Alex was Chief Executive Officer of the Champlain Local Health Integration Network (LHIN), the provincial government agency responsible for planning, integrating, and funding health services in the region. Before joining the LHIN, he was Executive Director of the Youth Services Bureau (YSB), one of Ontario's largest accredited children's mental health agencies. From 2004 to 2010, Alex was a Visiting Professor at the University of Ottawa in its Faculty of Social Sciences. Alex was a City and Regional Councillor in Ottawa from 1991 to 2003 and, from 1997 onward, headed council committees responsible for the city's then-$550 million health and human services budget.

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