Looming retirement surge takes on new urgency

By Laura Cassiani
|Canadian HR Reporter|Last Updated: 09/05/2003

Growing concerns over Canada’s looming retirement surge are back on the radar, according to a new report.

While the issue of an aging workforce is not new, the expectant retirement of hundreds of thousands of baby boomers has resurfaced as a priority issue for both labour and management, according to the Canadian Labour and Business Centre’s (CLBC) report Where Did All the Workers Go? The Challenges of the Aging Workforce. Just two years ago, in a similar survey, the issue received very little attention.

“(Labour and management’s) view of the seriousness of the problem has changed. There’s a growing recognition of the problem on both sides,” said Shirley Seward, CEO of the CLBC.