Century Initiative – 100 million by 2100
The Century Initiative is pushing for 100,000 million new Canadian into Canada by 2100. Just another example of how immigration and other factors are being tackled by different groups to address the growing shortage of workers into Canada. It is predicted that our GDP will drop to 1.6% if we stay on the current trajectory and do nothing, Century Initiative proposes 2.6% as a healthier goal.
Here’s some of the info the Century Initiative is tracking all more can be found in their informative report here.
- Trends in Canada’s population as of October 2020, Canada’s population was approximately 38 million. Ontario has the highest proportion of the country’s population (39%), followed by Quebec (23%), British Columbia (14%), and Alberta (12%). The rest of the provinces each hold less than 5%.
- In 2020, 27.3 million Canadians (more than 70% of Canada’s population) lived in cities, with the largest urban areas continuing to grow at a faster rate compared to other parts of Canada, despite recent slowed growth attributed to Covid-19.
- The average age in Canada is slowly rising (41.4 years as of July 2020) and Canada’s share of seniors continues to grow (18% as of July 2020).
- Rural and remote parts of Canada are more likely to experience advanced population aging compared to the rest of Canada and cities are more likely to have younger populations.
- By 2036, seniors are projected to make up around a quarter of Canada’s population.
As we see programs such as the Century Initiative take shape, it’s important we are at the table to be heard! That’s why our partnership with CM&E and CFIB are important because through them we can echo your concerns and the real threat this labour shortage poses to our industry. CM&E and CFIB are working to influence government to make important policy decisions to help us address this massive shortage impacting the manufacturing and business sectors.