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canada is facing a significant productivity challenge — one that is increasingly shaping our economic future. the prime minister has warned that slow productivity growth is steadily eroding canadians’ standard of living. without meaningful improvement, canada risks weaker economic growth and falling further behind global peers. at the same time, our population is aging rapidly. quebecers aged 50 and older now make up 40 per cent of the provincial population. by 2040, almost one-quarter of canadians will be aged 65 or older, with many working and contributing into their senior years.
case in point, the retirement age in canada now averages 65.3 years, which is four years older than just two decades ago. in addition, seniors volunteer more hours than any other age cohort, giving on average over 200 hours of their time each year.
yet the ability for older populations to be engaged and contribute to shaping canada’s productivity and economic resilience depends heavily on one factor: health.
health and economic benefits of adult vaccination
“sir winston churchill famously stated that healthy citizens are the greatest asset any country can have. and i believe that’s true,” said dr. michelle horn, country medical director, gsk. “when in good health, people can work longer into older adulthood, stay independent and continue to be active in their communities. even when preventive measures such as vaccination require upfront investment, gains are seen in reduced acute care, primary care and long-term care needs along with increased longevity and quality of life.”
conversely, the cost of illness is significant.
let’s take shingles as an example, a common yet preventable viral infection that will impact 1 in 3 of us in our lifetime. here in quebec, approximately 27,000 cases of shingles and 600 hospitalizations are reported each year, primarily among people aged 50 and older.