Canada would need sustained recession lasting 20 years to cope with demographic crunch: Report
While the recession has meant gloomy stories of layoffs and rising unemployment, the much-talked-about labour shortage cannot be forgotten, according to a paper published by the Atlantic Institute for Market Studies (AIMS). In fact, Canada would need a sustained recession over some 20 years to cope with the demographic crunch ahead, said author Jim McNiven, a professor emeritus at Dalhousie University in Halifax.
