Given the arrival of the Baby Boomers into the Seniors category, it is no surprise that Canadian demographics are experiencing and will continue to experience some significant shifts.
In 2016, there were over three-quarters of a million (770,780) people aged 85 and older living in Canada, representing 2.2% of the Canadian population overall and about 13.0% of the population aged 65 and older.
The number of people aged 85 and older grew by 19.4% over the period from 2011 to 2016, nearly four times the rate for the overall Canadian population.
The centenarian population (i.e., those aged 100 and older) grew even faster, by 41.3%, to reach 8,230 people, making it the fastest-growing age group between 2011 and 2016.
By 2061, it is anticipated that the population aged 65+ will represent 25.5% of the total population with an offsetting 10% decline in the population aged 15 to 64.