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Originally Posted by Cowboy89
The issue isn't net overall population, but rather the distribution of said net overall population. There is actually going to be less people in the workforce to pay for an increasing population of people outside of the work force. Hence that generation doesn't get fully replaced all the while the government has been spending its days the past few years lopping on more entitlements.
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Sure I agree with you that would be the case if the population wasn't growing. Or are you trying to say that most of that growth is from immigrants that are past working age? That said a ponzi scheme is by definition doomed to fail. We're not talking about a scheme where each worker needs to be replaced by 2 workers. So in the event where your ageing population is supported by less people, either taxes must be increased or benefits must be decreased. The government of Canada is starting down that path with the changes to CPP.
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Originally Posted by Jedi Ninja
The program is in an actuarial deficit, this is a fact.
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Which program?