Should Canada Raise the Retirement Age to 70?
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Canada’s aging population is colliding with a skilled-trades shortage—and the retirement age may be back on the table sooner than many expect.
Could keeping experienced Canadians working longer help protect pensions, build major projects, and ease the labour shortages already taking shape?
In this episode, we break down:
- Why Canada could face growing pressure to reconsider the retirement age
- How an aging population and declining workforce could affect CPP, OAS, and retirement benefits
- Canada’s looming skilled-trades shortage and the impact of hundreds of thousands of expected retirements
- Why major Canadian infrastructure and construction projects may struggle to find enough experienced workers
- Whether CPP investments should play a larger role in financing Canadian projects and economic growth
- How longer lifespans are changing the traditional idea of retiring at 65
- Why second careers, purpose, and productivity could become a bigger part of the retirement conversation
- Hosts: Mike Wixson, Paul Micucci
Timestamps:
- 00:00 Canada’s retirement and skilled-labour dilemma
- 00:28 Why the retirement age debate is returning
- 02:44 CPP, OAS, GIS and the cost of senior benefits
- 04:24 Canada’s aging population and pension pressure
- 07:06 Should Canadian pension money fund Canadian projects?
- 10:29 Skilled-trades shortages and retiring workers
- 13:22 Construction retirements and Canada’s housing workforce
- 16:28 Could the retirement age eventually reach 70?
- 18:36 Rethinking retirement, pensions and purpose
- 22:40 What happens when people live longer than they worked?
- 25:40 Second careers and finding purpose after retirement
- 28:56 The growing financial pressure of retirement
- 31:18 Immigration, skilled workers and Canada’s major projects
- 34:03 Productivity and the difficult choices ahead
If you enjoyed this, don’t forget to like, subscribe, and share your thoughts in the comments.
Pillars: Economy
#CanadaRetirement #RetirementAge #CPP #SkilledTrades #CanadianEconomy
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